PK - Here's Why Park Hotels Ryman Hospitality Properties and Host Hotels Are Soaring on Monday
The stock market is having its best day in several weeks on Monday, with the Dow Jones Industrial Average and S&P 500 index up by 2.9% and 2.6%, respectively, as of 10:30 a.m. EDT.
Hotel stocks, especially those with large, group-focused properties, were among the market's best performers. Park Hotels & Resorts (NYSE: PK) was sharply higher, by more than 17%, while Host Hotels & Resorts (NYSE: HST) and Ryman Hospitality Group (NYSE: RHP) were higher by 16% and 14%, respectively.
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