Brief: LuxUrban Hotels Signs A Non-Binding Letter Of Intent
20/11/2024 13:03
Nov 20 (Reuters) - Luxurban Hotels Inc LUXH.O :
* LUXURBAN HOTELS INC. SIGNS A NON-BINDING LETTER OF INTENT
FOR
PROPOSED JOINT VENTURE WITH LOCKWOOD DEVELOPMENT PARTNERS LLC
AND THE BRIGHT HOSPITALITY MANAGEMENT TO ELEVATE HOTEL
OPERATIONS AND GUEST EXPERIENCE
* LUXURBAN HOTELS INC - TO RECEIVE $7 MILLION INITIAL
CAPITAL
INFUSION
* LUXURBAN HOTELS INC - LOCKWOOD TO INVEST $7 MILLION
INITIALLY,
UP TO $35 MILLION POTENTIALLY
Source text: ID:nGNX86ZR0k
Further company coverage: LUXH.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Luxurban Hotels
See all newsBrief: Luxurban Hotels Inc Says On September 14, Filed For Chapter 11 Bankruptcy
Brief: Luxurban Hotels -On April 11 Robert Arigo, COO, Terminates Employment By Mutual Agreement - SEC Filing
Brief: Nasdaq To Delist Luxurban Hotels Securities Due To Non-Compliance
Brief: Luxurban Hotels Determined It Will Not Proceed At This Time With Potential JV Under Nonbinding Loi With Lockwood Development Partners Llc, Others
Brief: LuxUrban Hotels Signs A Non-Binding Letter Of Intent