Luxurban hotels declares dividend on 13.00% series a cumulative redeemable preferred stock

Miami--(business wire)--luxurban hotels inc. (or the “company”) (nasdaq: luxh, luxhp), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced that its board of directors has declared the initial monthly cash dividend for the company's 13.00% series a cumulative redeemable preferred stock covering the period from, and including, october 26, 2023 to, but not including,.
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