LuxUrban Booted From 2 Manhattan Hotels 68311
From Wiki Planet
Embattled hotel chain LuxUrban Hotels' double penetration history of withholding rent from landlords has caught up to it, as its portfolio has shrunk to just a handful of properties.
The Miami-based hotel company, which master-leases properties that were struggling during the pandemic, a year ago said it operated 18 hotels in four states. Its portfolio now stands at six properties, all in New York City.
