---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-002521"
form_type: "8-K"
ticker: null
cik: "0001893311"
company_name: "LUXURBAN HOTELS INC."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:08:44.965447+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LuxUrban Hotels FY 2023 revenue up 159% to $113.4M; net loss $78.5M with $61.1M non-cash charges

## Summary
- Net rental revenue $113.4M (+159% YoY); net loss $78.5M vs $9.4M loss prior year.
- EBITDA $25.3M (+78% YoY); Adjusted EBITDA $29.8M (+109%); one-time Wyndham transition impact noted.
- Non-cash financing costs $41.2M include $28.2M for Revenue Share Exchange Agreement with pre-IPO investors.
- Cash and equivalents $0.8M; total debt reduced to $4.3M from $14M.
- Q1 2024 net rental revenue guidance $27-30M; FY 2024 focus on higher-end properties and working capital.

## SEC filing metadata
- accession: 0001829126-24-002521
- form_type: 8-K
- cik: 0001893311
- company_name: LUXURBAN HOTELS INC.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/0001829126-24-002521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/luxurban_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-002521
- JSON: https://secwatch.observer/filing/0001829126-24-002521.json
- Plain text: https://secwatch.observer/filing/0001829126-24-002521.txt

## Key facts
- Earnings Releases
  LUXURBAN HOTELS INC. reported full year ended December 31, 2023 results: revenue $113.4 million, net income $78.5 million net loss.
  - Period: full year ended December 31, 2023
  - Revenue: $113.4 million
  - Net income: $78.5 million net loss
  - Result: reported results
  source text: LuxUrban Hotels Inc. Announces 2023 Financial Results Net Rental Revenue rose 159% to $113.4 million Net loss of $78.5 million included $61.1 million in non-cash charges and $24.6 million in non-recurring cash costs
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/0001829126-24-002521-index.htm
- Earnings Releases
  LUXURBAN HOTELS INC. reported three months ended December 31, 2023 results: revenue $27.5 million.
  - Period: three months ended December 31, 2023
  - Revenue: $27.5 million
  - Result: reported results
  source text: Net rental revenue was $27.5 million as compared to $12.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893311/000182912624002521/0001829126-24-002521-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.