LuxUrban Hotels files Chapter 11 bankruptcy on Sept 14, 2025

LUXURBAN HOTELS INC.

Filed voluntary Chapter 11 petitions in SDNY, Case No. 25-12000, on Sept 14, 2025.
Debtors to continue operations as debtors-in-possession under sections 1107 and 1108.
Company intends to restructure indebtedness and obligations through court-supervised process.
Chapter 11 filing triggered defaults under debt instruments; principal and interest accelerated.
Creditors' enforcement rights automatically stayed under Bankruptcy Code.

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