FBI files on Michael Jackson

LuxUrban Hotels Inc. Reiterates 2022 Full Year Net Rental Revenue and EBITDA Guidance

Retrieved on: 
Wednesday, January 18, 2023
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LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, announced today that it is reiterating full year 2022 net rental revenue and EBITDA guidance of $42-$46 million and $7-$9 million, respectively.

Key Points: 
  • LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, announced today that it is reiterating full year 2022 net rental revenue and EBITDA guidance of $42-$46 million and $7-$9 million, respectively.
  • Inclusive of The Tuscany and Townhouse Hotel, LuxUrban operates 15 short-term stay hotels, under long-term Master Lease Agreements (“MLA”), located in Miami, New York City, Washington, D.C., and New Orleans.
  • The Company’s future growth focuses primarily on seeking to create “win-win” opportunities for owners of dislocated hotels, including those impacted by COVID-19 travel restrictions, while providing LuxUrban Hotels favorable operating margins.
  • Guests at the LuxUrban Hotels properties are provided high quality service under the Company’s consumer brand, LuxUrbanTM.

LuxUrban Hotels Inc. Expands Presence in Miami Beach with Acquisition of The Townhouse Hotel

Retrieved on: 
Thursday, December 1, 2022
Commercial Building & Real Estate, Luxury, Construction & Property, Other Travel, Lodging, Retail, Destinations, Vacation, Travel, Form, COVID-19, City, Sebel Townhouse Hotel, George Washington Hotel (New York City), FBI files on Michael Jackson, Travel, MLA, Penthouse, Superior, Washington Hotel, Property management, Hotel

The Townhouse Hotel - which will be powered by the Companys consumer facing LuxUrban brand - is expected to commence operations in December 2022.

Key Points: 
  • The Townhouse Hotel - which will be powered by the Companys consumer facing LuxUrban brand - is expected to commence operations in December 2022.
  • Located just steps from the beach, the Townhouse Hotel is a 70-unit property located in Miamis South Beach.
  • The property offers freshly remodeled Standard, Superior and Penthouse accommodations reflecting a chic combination of European style and Miami Beach flair, and a warm and hospitable staff.
  • Guests at the LuxUrban Hotels properties are provided high quality service under the Companys consumer brand, LuxUrban.

CorpHousing Group Inc. Announces Planned Openings of The Lafayette Hotel Powered by LuxUrban™ in New Orleans and The Washington Powered by LuxUrban™ in New York City

Retrieved on: 
Monday, October 24, 2022
Residential Building & Real Estate, Lodging, Commercial Building & Real Estate, Construction & Property, Travel, Bourbon Street, FBI files on Michael Jackson, The Lafayette Hotel, Swim Club & Bungalows, Lafayette Hotel, Warehouse District (Salt Lake City), Technology, Company, Superdome, Form, CHG, Phrase, Heart, Travel, COVID-19, French, Central business district, Property management, Hotel, Lafayette

As previously announced, CHG acquired the Lafayette Hotel and The Washington via separate 15-year Master Lease Agreements (MLA).

Key Points: 
  • As previously announced, CHG acquired the Lafayette Hotel and The Washington via separate 15-year Master Lease Agreements (MLA).
  • The opening of the Lafayette Hotel powered by LuxUrban and The Washington powered by LuxUrban will bring to 12 the total number of active hotel properties in CHGs portfolio.
  • The Washington is a premier, 217-unit luxury hotel located in downtown Manhattan and is CHGs fourth property in New York City.
  • The hotel includes beautifully appointed rooms, a state-of-the-art fitness center, outdoor terrace, and rooftop that offers panoramic vistas of the New York City skyline.

CorpHousing Group Inc. Establishes Presence in New Orleans with 15-Year Master Lease Agreement for Historic Lafayette Hotel

Retrieved on: 
Monday, September 26, 2022
Residential Building & Real Estate, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, REIT, Travel, Professional Services, Other Professional Services, Other Travel, COVID-19, MLA, Club Med, Central business district, M2 High Speed Tractor, Company, Warehouse District (Salt Lake City), Lafayette Hotel, Bourbon Street, Top 10 Produce, Travel, Phrase, IPO, National, Technology, FBI files on Michael Jackson, Forest City Lovers, St. Charles Avenue, Wine, CHG, Restaurant, Ernest, Form, Heart, French, Conference, The Lafayette Hotel, Swim Club & Bungalows, The Outlet Collection at Riverwalk, Superdome, Property management, Hotel, Lafayette

The Lafayette Hotel is CHGs first property in New Orleans, joining the Companys portfolio properties in New York, Washington, DC, Miami, Denver, Boston, and Seattle.

Key Points: 
  • The Lafayette Hotel is CHGs first property in New Orleans, joining the Companys portfolio properties in New York, Washington, DC, Miami, Denver, Boston, and Seattle.
  • CHG will manage and market the Lafayette Hotel to business and vacation travelers under its LuxUrbanTM brand, with operations expected to commence in October 2022.
  • The Lafayette Hotel is located on the fashionable St. Charles Avenue Streetcar Line, within the heart of the Historical Arts and Warehouse Districts in the Central Business District.
  • Desi Vegas Steakhouse is also located inside of the Lafayette Hotel on St. Charles Avenue, offering patrons opportunity to wine and dine in downtown style.

CorpHousing Group Inc. Announces 15-Year Master Lease Agreement for The Tuscany Hotel in New York City

Retrieved on: 
Friday, September 23, 2022
Residential Building & Real Estate, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, REIT, Travel, Professional Services, Other Professional Services, Other Travel, COVID-19, City, MLA, Empire State Building, Chrysler, Company, Travel, Phrase, IPO, Tuscany Suites and Casino, Technology, FBI files on Michael Jackson, Rainforest, CHG, Leisure, Form, Chrysler Building, Property management

CorpHousing Group Inc. (CorpHousing, CHG, or the Company) (Nasdaq: CHG), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, today announced it has acquired long-term rights to The Tuscany Hotel in New York City via a 15-year Master Lease Agreement (MLA).

Key Points: 
  • CorpHousing Group Inc. (CorpHousing, CHG, or the Company) (Nasdaq: CHG), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, today announced it has acquired long-term rights to The Tuscany Hotel in New York City via a 15-year Master Lease Agreement (MLA).
  • CorpHousing plans to start operating The Tuscany during Q4 2022 and will market the property under its LuxUrbanTM brand.
  • The plush decor creates warmth and invokes classic New York paired with modern amenities, including complimentary Wi-Fi and rainforest showerheads in glass-enclosed showers.
  • CorpHousing Group (CHG) utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities.

Joshua Schulman Appointed as CEO of Michael Kors

Retrieved on: 
Tuesday, August 24, 2021
Fashion, Retail, Company, Tapestry, Inc., Capri Holdings, Bergdorf Goodman, Executive, Coach, Electric Bond and Share Company v. Securities and Exchange Commission, Nature, Acquisition, Holding, DNA, New, Director, FBI files on Michael Jackson, Jewellery, Forward-looking statement, NYSE, Michael Kors, Yves Saint Laurent, Board, CEO, Neiman Marcus, CPRI, Phrase, U.S. Securities and Exchange Commission, Fur clothing, Fashion, Management

Initially, Mr. Schulman will be responsible for all aspects of the Michael Kors brand globally, reporting directly to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings.

Key Points: 
  • Initially, Mr. Schulman will be responsible for all aspects of the Michael Kors brand globally, reporting directly to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings.
  • I am thrilled to have Josh join Capri Holdings as CEO of the Michael Kors brand.
  • I am delighted to join Capri as CEO of Michael Kors, commented Joshua Schulman.
  • I am honored and excited to assume the role of CEO of Capri Holdings next year, said Joshua Schulman.