PK News and Press, Park Hotels & Resorts Inc. From 11/02/22

TYSONS, Va., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the third quarter ended September 30, 2022 and provided an operational update. Third quarter financial highli...

Summary Hotel REITs have held up surprisingly well throughout the recent market turmoil and remain one of the top-performing property sectors this year following a solid summer of operating performance. Several years of pent-up leisure demand from COVID delays helped to offset a s...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The potential for high returns and stable income streams have made real estate investment trusts, or REITs, a popular investment vehicle. However, not all REITs are created equal, especially with a potential recession hangi...

Summary COVID hit Hotel REITs extra hard, but this year has seen a great deal of leisure travel within the U.S. As a result, Hotel REITs are the fourth-best performing REIT sector of 2022 thus far. The forecast for earnings growth is outstanding, all across the Hotel REIT sect...

Summary Travelers clearly appear to be taking advantage of increased workplace flexibility to take that extra vacation, or to substitute the traditional business meeting with a Zoom call in a faraway location. Throughout the industry, companies with more leisure exposure have gene...

TYSONS, Va., Sept. 09, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a third quarter cash dividend of $0.01 per share of common stock. The dividend will be paid in cash o...

Summary Park Hotels & Resorts' financial position has greatly improved since the corona crisis. I give Park Hotels & Resorts a sell rating because of the large amount of debt on their balance sheet. Refinancing would be an ideal option, but I suspect Park Hotels will n...

In August my family sold our hotel stock, Park Hotels & Resorts (NYSE: PK) , and we bought more shares of a South American e-commerce play, DLocal (NASDAQ: DLO) . This trade is likely unique to my family. Probably nobody else in the universe has sold shares of Park Hotel...

TYSONS, Va., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2022 after the stock market closes on November 2, 2022. Park will hold a conference call on Thursda...

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...