PK News and Press, Park Hotels & Resorts Inc. From 12/22/22

TYSONS, Va., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an update on fourth quarter operating trends and the Company’s capital allocation activity. Recent Highlights: Ho...

Park Hotels & Resorts ( NYSE: PK ) stock finished Wednesday's session 6.8% lower as lodging REITs bucked the broader market rally. Indeed, all three major U.S. stock indices wrapped up the session in the green , though market participants largely dumped hotel REITs, adding...

Summary U.S. equity markets retreated this week as investors positioned for the upcoming FOMC meeting while a chorus of analysts and executives expressed doubt on the likelihood of a "soft landing." Posting its worst week since mid-September, the S&P 500 slid 3.3% on the week - slum...

Park Hotels & Resorts ( NYSE: PK ) declares $0.12/share quarterly dividend , 1100% increase from prior dividend of $0.01. Forward yield 4.04% Payable Jan. 17; for shareholders of record Dec. 30; ex-div Dec. 29. The regular quarterly dividend of $12/share r...

TYSONS, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a fourth quarter cash dividend of $0.25 per share of common stock. The dividend will be paid in cash on Janu...

TYSONS, Va., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) today announced that it has successfully amended and restated its existing $901 million revolving credit facility to increase total capacity to $950 million, extend the maturity from Dec...

Summary Vulcan Value Partners are value investors - business analysts with a long-term time horizon focused on purchasing publicly traded companies that are competitively entrenched at significant discounts to intrinsic worth. All five strategies trailed their respective benchmark...

Park Hotels & Resorts Inc. (PK) Q3 2022 Earnings Conference Call November 03, 2022 11:00 PM ET Company Participants Ian Weissman - Senior Vice President of Corporate Strategy Tom Baltimore - Chairman & Chief Executive Officer Sean Dell'Orto - Chief Financ...

Park Hotels & Resorts press release ( NYSE: PK ): Q3 AFFO of $0.42 beats by $0.03 . Revenue of $662M (+56.5% Y/Y) beats by $6.35M . GAAP EPS of $0.15 Pro-forma RevPAR was $171.27, an increase of $65.34, or 61.7%, from the same period in 2021 and a decre...

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...