Luxurban hotels inc. provides net revenue and ebitda guidance for 2022 and 2023

Miami--(business wire)--luxurban hotels inc. (or the “company”) (nasdaq: luxh), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, announced today net revenue and ebitda guidance for the years ending december 31, 2022 and 2023, and the engagement of a new credit card processing company that, among other benefits, will reduce processing fees by approximately 400 bps and result in the
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