Luxurban hotels announces the launch of lux 2.0

Miami, july 17, 2024 (globe newswire) -- luxurban hotels inc. (“luxurban” or the “company”) (nasdaq: luxh), which secures long-term operating rights for entire hotels through master lease agreements (mla) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, today announced a significant milestone. this new formula for hotel owners provides stability for their real estate assets in the current unique economic environment.
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