LuxUrban Hotels Management
Management criteria checks 0/4
LuxUrban Hotels' CEO is Shanoop Kothari, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $1.70M, comprised of 13.2% salary and 86.8% bonuses, including company stock and options. directly owns 6.32% of the company’s shares, worth $2.22M. The average tenure of the management team and the board of directors is 1.4 years and 1.8 years respectively.
Key information
Shanoop Kothari
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 13.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 6.3% |
| Management average tenure | 1.4yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Take Care Before Jumping Onto LuxUrban Hotels Inc. (NASDAQ:LUXH) Even Though It's 26% Cheaper
Mar 19
Not Many Are Piling Into LuxUrban Hotels Inc. (NASDAQ:LUXH) Stock Yet As It Plummets 25%
Feb 03A Piece Of The Puzzle Missing From LuxUrban Hotels Inc.'s (NASDAQ:LUXH) 31% Share Price Climb
Nov 24LuxUrban Hotels Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 12CorpHousing Group establishes a 15-year agreement for Historic Lafayette Hotel in New Orleans
Sep 26Corphousing acquires rights to 217 units in downtown Manhattan
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$79m |
| Sep 30 2023 | n/a | n/a | -US$33m |
| Jun 30 2023 | n/a | n/a | -US$41m |
| Mar 31 2023 | n/a | n/a | -US$14m |
| Dec 31 2022 | US$2m | US$225k | -US$9m |
| Sep 30 2022 | n/a | n/a | -US$793k |
| Jun 30 2022 | n/a | n/a | US$2m |
| Mar 31 2022 | n/a | n/a | US$493k |
| Dec 31 2021 | US$225k | US$225k | -US$2m |
Compensation vs Market: Shanoop's total compensation ($USD1.70M) is above average for companies of similar size in the US market ($USD663.90K).
Compensation vs Earnings: Shanoop's compensation has increased whilst the company is unprofitable.
CEO
Shanoop Kothari (51 yo)
2.3yrs
Tenure
US$1,703,750
Compensation
Mr. Shanoop Kothari served as President at LuxUrban Hotels Inc. since January 2023 until March 01, 2024 and serves as its Chief Executive Officer and Acting CFO since March 01, 2024 and served as its Co-Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Accounting Officer | 2.3yrs | US$275.75k | no data | |
| Chief Development Officer | less than a year | US$566.65k | 0.46% $ 163.2k | |
| CEO & Acting CFO | 2.3yrs | US$1.70m | 6.32% $ 2.2m | |
| Co-Founder & Director | no data | US$791.85k | 38.53% $ 13.5m | |
| Chief Operating Officer | less than a year | no data | 0.60% $ 209.9k | |
| Chief Legal & Compliance Officer | 2.7yrs | no data | 0.18% $ 63.0k | |
| Head of Property Acquisitions & Partner | no data | no data | 4.4% $ 1.5m | |
| Corporate Secretary | less than a year | no data | no data |
1.4yrs
Average Tenure
51.5yo
Average Age
Experienced Management: LUXH's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Director | 2.3yrs | US$791.85k | 38.53% $ 13.5m | |
| Independent Director | 1.8yrs | US$180.00k | 0.25% $ 87.9k | |
| Independent Director | 2.9yrs | US$180.00k | 1.24% $ 435.7k | |
| Independent Non-Executive Chairman | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | US$180.00k | 0.25% $ 87.9k |
1.8yrs
Average Tenure
62yo
Average Age
Experienced Board: LUXH's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.