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PK News and Press, Park Hotels & Resorts Inc. From 08/16/22

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Company Name: Park Hotels & Resorts Inc.
Stock Symbol: PK
Market: NYSE
Website: pkhotelsandresorts.com

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PK - Park Hotels & Resorts cut to Market Perform at BMO on portfolio composition

Park Hotels & Resorts ( NYSE: PK ) shares slipped 1% in Tuesday premarket trading after BMO Capital Markets analyst Ari Klein downgraded the REIT to Market Perform from Outperform as the composition of its portfolio, albeit recovering, is expected to experience uncertain...

PK - Baron Real Estate Income Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Income Fund (the “Fund”) declined 18.43% (Institutional Shares) in the second quarter of ...

PK - Park Hotels & Resorts Inc. (PK) Q2 2022 Earnings Call Transcript

Image source: The Motley Fool. Park Hotels & Resorts Inc. (NYSE: PK) Q2 2022 Earnings Call Aug 04, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Park Hotels & Resorts Inc. (PK) Q2 2022 Earnings Call Trans...

PK - Park Hotels & Resorts Inc. (PK) CEO Tom Baltimore on Q2 2022 Results - Earnings Call Transcript

Park Hotels & Resorts Inc. (PK) Q2 2022 Earnings Conference Call August 04, 2022 11:00 AM ET Company Participants Ian Weissman - Senior Vice President of Corporate Strategy Tom Baltimore - Chairman & Chief Executive Officer Sean Dell'Orto - Chief Financia...

PK - Park Hotels & Resorts reports Q2 earnings beat; issues Q3 FFO guidance below estimates

Park Hotels & Resorts press release ( NYSE: PK ): Q2 FFO of $0.61 beats by $0.14 . Revenue of $695M (+115.2% Y/Y) beats by $37.62M . Adjusted EBITDA was $207M, an increase of 153.1%, compared to the first quarter of 2022; Pro-forma Hotel Adjusted EBITDA...

PK - Park Hotels & Resorts Inc. Reports Second Quarter 2022 Results

TYSONS, Va., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June 30, 2022 and provided an operational update. Second quarter financial highlight...

PK - 6 REITs to Sell Now

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today I’m looking at REITs to sell now, as they have little or no income and their prospects for investors are not that good as a result. Moreover, it may take some time for these REITs, or real estate investment tru...

PK - Hotel REITs: Summer Of Revenge Travel

Despite recessionary levels of consumer confidence and surging transportation costs, U.S. consumers have continued to travel this summer at rates approaching pre-pandemic levels, powering hotel RevPAR to all-time record highs. Dubbed the 'Summer of Revenge Travel', several years of pe...

PK - IGR: Investing In The Right Segments, Diversifying Around The Globe

IGR's global diversification helps in mitigating portfolio risk and enables the fund to generate consistent performance over a longer time horizon. IGR pays monthly dividends with a considerable high yield, and the pay-out remains steady despite its price fluctuation. IGR invests ...

PK - Pebblebrook Hotel Trust a new best idea short at Hedgeye

Pebblebrook Hotel Trust (NYSE:PEB) was added as new best idea short at Hedgeye with the potential for the hotel REIT to see 20% downside from current levels. Pebblebrook (PEB) is likely to see margin pressure as the industry deals with higher labor costs and cost inflation, according to Hedge...

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