About Park Hotels & Resorts Inc. Common Stock (PK)
Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) that focuses on acquiring and managing a diverse portfolio of premium hospitality properties primarily in the United States and internationally. The company emphasizes owning and operating high-quality hotels and resorts, catering to both leisure and business travelers. Park Hotels & Resorts is committed to providing exceptional guest experiences and aims to drive value through strategic investments, property renovations, and operational efficiencies. The firm's portfolio includes several well-known hotel brands and assets located in key markets, positioning it to capitalize on the dynamic landscape of the hospitality industry. Read More
Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it has closed on the sale of the 316-room Hyatt Centric Fisherman’s Wharf located in San Francisco, CA for $80 million, or $253,000 per key. The sale price represents 64.0x 2024 EBITDA of the hotel. Proceeds from the sale will be used for ongoing return on investment (“ROI”) projects in Park’s portfolio and for other general corporate purposes.
Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2025 and provided an operational update.
Gaming and lodging stocks are under pressure as recession risks mount, BofA Securities reports. With tariffs weighing on GDP, analysts warn of a potential 3%–8% EBITDA hit. Hotel and timeshare sectors remain the most exposed, while REITs and Gaming OpCos face heightened earnings risk. Stocks are now trading at their lowest valuations since the COVID-19 and GFC downturns.
Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it will release its financial results for the first quarter 2025 before the stock market opens on Monday, May 5, 2025. Park will hold a conference call at 10:00 a.m. Eastern Time (ET) that same morning to discuss its earnings results, current operational environment and business outlook.
Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full-year ended December 31, 2024 and provided an operational update.
Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2024 cash distributions on its Common Stock.
Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the fourth quarter and full year 2024 after the stock market closes on Wednesday, February 19, 2025. Park will hold a conference call on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and outlook for 2025.
