PK News and Press, Park Hotels & Resorts Inc. From 10/26/23

TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), by and through its special servicer, filed a lawsui...

2023-10-23 12:16:41 ET More on travel and leisure stocks MGM Resorts: A High-Risk High-Reward Opportunity MGM Resorts: Impact Of Ransomware Attack Marriott: Nothing Spectacular The Las Vegas Strip is fading all those concerns of a consumer slowdown Th...

2023-10-18 16:42:18 ET Summary Park Hotels & Resorts Inc. looks undervalued and is gaining operational momentum. The REIT's second-quarter financial results show growth in revenue per available room and occupancy, indicating increasing demand. Our valuation model suggests ...

2023-10-16 11:42:52 ET Summary Park Hotels & Resorts received a hold/neutral rating today, agreeing with the consensus from the SA quant system. Key positive points include room demand and revenue growth, while challenges include a recent net loss and negative FY23 outlook on ...

2023-10-06 17:32:19 ET Summary Sharply higher long-term borrowing costs for real estate during late summer have been a huge headwind for REIT operations and investment valuations. The demand for commercial real estate, especially office space, is being questioned with the appearan...

TYSONS, Va., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2023 after the stock market closes on November 1, 2023. Park will hold a conference call on Thursday, No...

TYSONS, Va., Sept. 08, 2023 (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 $0.15 per share of common stock. The dividend will be paid in cash on Octo...

2023-09-08 01:07:35 ET Summary Ackman's 13F portfolio value increased to $10.82B this quarter, with the number of positions remaining steady at 7. The top three positions, Chipotle Mexican Grill, Restaurant Brands, and Lowe's Companies, account for 49% of the portfolio value. ...

2023-09-02 12:57:11 ET Summary US hotel REIT sector sees stronger operating results in Q2 due to growing business travel demand. American Hotel Income Properties (AHOTF) is undervalued compared to its peers, with a high dividend yield and trading at a discount to NAV. AHOTF sh...

2023-08-17 04:42:35 ET Summary Host Hotels & Resorts is a hotel REIT focused on upper upscale rooms. The company has shown a strong recovery since the pandemic and the guidance suggests HST will perform well going forward. I present my bullish analysis of the stock. ...