LuxUrban Hotels appoints Elan Blutinger non-executive Chairman of the Board

LuxUrban Hotels announced the appointment of Elan Blutinger as Non-Executive Chairman of the Board of Directors, effective April 22 . Mr. Blutinger, who joined the board in February 2024 as part of an overall strategy to strengthen industry representation across the enterprise, succeeds Brian Ferdinand, the Company’s founder, former Chief Executive Officer, and largest shareholder. Mr. Ferdinand will remain a director. Shanoop Kothari, the Company’s co-Chief Executive Officer, becomes the sole Chief Executive Officer under the Company’s previously announced transition plan. Blutinger is currently Managing Director of Alpine Consolidated a merchant bank he co-founded in 1996 through which he has founded, built, and led initial public offerings for multiple public technology and travel companies in the United States and United Kingdom. He has been both a founder and board member at a variety of companies, including Great Wolf Resorts, a family entertainment resorts company, which was acquired by Apollo Global Management in 2012; ResortQuest International, a provider of full-service vacation rentals in the US, which was acquired by Wyndham Hotels & Resorts in 2010; Hotels.com, which was sold to IAC/InteractiveCorp. in 2003; and Travel Services International, which was sold to Airtours PLC in 2000.