LuxUrban Hotels utilize an asset light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the properties it leases. Co. manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles. Co. has various hotel rooms available for rent. Co. utilizes proprietary technology to identify, lease, manage, and market globally the hotel space it leases to business and vacation travelers through its online portal and third-party sales and distribution channels. The LUXH stock yearly return is shown above.
The yearly return on the LUXH stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the LUXH annual return calculation with any dividends reinvested as applicable (on ex-dates).
|