CorpHousing Group Inc. acquires and manages a portfolio of short-term rental properties in metropolitan cities in the United States. The company operates properties by leveraging technology to identify, acquire, manage, and market properties to business and vacation travelers under the consumer brand, LuxUrban. As of June 30, 2022, it managed a portfolio of 584 multi-family and hotel units located in metropolitan cities in California, New York, Florida, Washington, Colorado, Massachusetts, and Washington D.C. The company was formerly known as CorpHousing LLC. The company was founded in 2017 and is based in Miami, Florida.
Revenue of LuxUrban Hotels Inc. (LUXH)
Revenue in 2023 (TTM): $113.4 M
According to LuxUrban Hotels Inc.'s latest financial reports the company's current revenue (TTM) is $113.4 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of LuxUrban Hotels Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $113.4 M | $8.93 M | $-29,215,967 | $-78,523,377 | $-78,523,377 |
| 2022 | $43.83 M | $12.38 M | $-1,863,420 | $-9,390,353 | $-1,520,467 |
| 2021 | $21.38 M | $2.11 M | $-606,819 | $-2,233,384 | $-3,859,949 |
| 2020 | $8.27 M | $-2,958,784 | $-4,037,956 | $-4,615,725 | $-5,193,494 |
| 2019 | $5.43 M | $722.59 K | $-103,573 | $-477,599 | $-851,625 |