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LuxUrban Hotels Strategically Transitions to OTC Market to Accelerate Growth and Profitability

Provided By GlobeNewswire

Last update: Jan 16, 2025

MIAMI, Jan. 16, 2025 (GLOBE NEWSWIRE) -- LuxUrban Hotels Inc. (OTC: LUXH) (the “Company” or “LuxUrban”), recently transitioned from the Nasdaq to the OTC market as part of a deliberate strategy to enhance operational efficiency, reduce costs, and focus on key business priorities. This move is aligned with the company’s ongoing pivot to acquiring hotel assets and achieving sustainable profitability.

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