PK News and Press, Park Hotels & Resorts Inc. From 06/05/22

Following their best week since November 2020, U.S. equity markets slipped this past week as China's apparent emergence from COVID lockdown lifted global benchmark interest rates and commodities prices. Persistently elevated energy prices - the 'fuel' of stagflation - remain the most ...

Ryman Hospitality Properties is undergoing a couple of big changes that warrant the attention of its investors. Though complicated, the deals are focused on optimizing value for shareholders. At present, shares look cheap, but this also requires appropriate context. For furt...

Sunstone Hotel Investors (NYSE:SHO) to acquire Park's (PK) 25% interest in the joint venture that owns the leasehold interest in the 1,190-room Hilton San Diego Bayfront for $102M in cash and will effectively assume Park's $55M share of the existing mortgage loan on the Hotel. The purcha...

TYSONS, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) announced that it has entered into a definitive agreement with affiliates of Sunstone Hotel Investors, Inc. (“Sunstone”) (NYSE:SHO) for Park to sell its 25% interest ...

Bill Ackman’s 13F portfolio value decreased from $10.78B to $10.39B this quarter. Pershing Square decreased Hilton Worldwide Holdings this quarter. The largest three 13F positions are Lowe's Companies, Chipotle Mexican Grill, and Hilton Worldwide. They together account for ...

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 2.89% (Institutional Shares) in the first quarter of 20...

March’s REIT recovery was short-lived, as the REIT sector plunged -5.85% in April. Large cap (-3.30%) and mid-cap (-5.39%) REITs outperformed, whereas small caps (-7.37%) and micro caps (-9.20%) suffered deeper April losses. Only 19.88% of REIT securities had a positive tot...

Host Hotels & Resorts (NASDAQ:HST) and Park Hotels & Resorts each received more favorable outlooks from S&P Global Ratings on Friday on the expectation that business and group travel are recovering from the pandemic. Park Hotels & Resorts' (PK) rating outlook changed to positi...

Park Hotels & Resorts has seen some impressive results lately, especially in early 2022. Occupancy rates are on the rise and its revenue and cash flow picture continues to improve as a result. PK stock still makes for an attractive opportunity for investors to explore since th...

Image source: The Motley Fool. Park Hotels & Resorts Inc. (NYSE: PK) Q1 2022 Earnings Call May 02, 2022 , 11:00 a.m. ET Operator Continue reading For further details see: Park Hotels & Resorts Inc. (PK) Q1 2022 Earnings Call Trans...