PARK HOTELS & RESORTS INC (PK)

US7005171050 - REIT

16.24  -0.08 (-0.49%)

After market: 16.24 0 (0%)

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PARK HOTELS & RESORTS INC

NYSE:PK (5/20/2024, 7:04:00 PM)

After market: 16.24 0 (0%)

16.24

-0.08 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap3.42B
Shares
PE36.09
Fwd PE18.79
Dividend Yield4.88%
Analysts
IPO
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PK Daily chart

Company Profile

Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. The company is headquartered in Tysons Corner, Virginia and currently employs 91 full-time employees. The company went IPO on 2016-12-13. The firm has a diverse portfolio of hotels and resorts with underlying real estate value. The firm operates through the consolidated hotels segment. The firm holds investments in entities that have ownership or leasehold interests in about 46 hotels, consisting of premium-branded hotels and resorts with over 29,000 rooms, of which approximately 88% are luxury and upper upscale and are located in the United States markets and its territories. Its portfolio includes hotels mostly in major urban and convention areas, such as New York City, Washington, D.C., Chicago, San Francisco, Boston, New Orleans and Denver; and premier resorts in key leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; as well as hotels in select airports and suburban locations. The company affiliates with brands, such as Hilton, Marriott and Hyatt, and the Company partners with both brand and third-party operators.

Company Info

PARK HOTELS & RESORTS INC

1775 Tysons Blvd Fl 7

Tysons Corner VIRGINIA 22102

P: 15713025757

CEO: Thomas J. Baltimore

Employees: 91

Website: https://www.pkhotelsandresorts.com/

PK News

News Image5 days ago - Park Hotels & Resorts Inc.Park Hotels & Resorts Announces Final Results of Tender Offer

TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) announced today the expiration of and the final results...

News Image5 days ago - Park Hotels & Resorts Inc.Park Hotels & Resorts Inc Announces Closing of $550 Million of 7.000% Senior Notes Due 2030

TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its...

News Image8 days ago - InvestorPlace3 Cheap REITs to Buy Now: May 2024

Investors are avoiding real estate due to higher rates, but these cheap REITs to buy are the perfect contrarian plays.

News Image8 days ago - Market News VideoMonday 5/13 Insider Buying Report: PK, KMPR
News Image19 days ago - Park Hotels & Resorts Inc.Park Hotels & Resorts Inc. Announces Upsizing and Pricing of Senior Notes Offering

TYSONS, Va., May 02, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the “Operating Company”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the “Issuers”), priced an offering of $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”) at a price equal to 100% of face value. The Notes will pay interest semi-annually in arrears, at a rate of 7.000% per year, and will mature on February 1, 2030. The Notes will be guaranteed by Park, PK Domestic REIT Inc. and certain subsidiaries of the Operating Company that guarantee the Company’s senior credit facilities and existing senior notes. 

News Image19 days ago - Park Hotels & Resorts Inc.Park Hotels & Resorts Inc. Announces Tender Offer for Any and All of Its 7.500% Senior Notes Due 2025

TYSONS, Va., May 02, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) announced today that its subsidiaries, Park Intermediate...

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