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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/26/2024 | Outperform → Peer Perform | Wolfe Research | |
| 5/15/2024 | $20.00 | In-line → Outperform | Evercore ISI |
| 3/22/2024 | $14.00 → $20.00 | Neutral → Buy | Citigroup |
| 1/2/2024 | $14.00 → $21.00 | Hold → Buy | Jefferies |
| 12/14/2023 | $11.00 → $16.00 | Underweight → Neutral | JP Morgan |
| 11/6/2023 | $16.00 → $19.00 | Equal Weight → Overweight | Barclays |
| 10/23/2023 | $13.00 | Hold | HSBC Securities |
| 10/3/2023 | $13.00 | Neutral | Wedbush |
TYSONS, Va., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced its reinstated and updated full-year 2024 earnings guidance following the recent ratification of labor agreements between operators and labor unions at four of Park's hotels – the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort (Honolulu), the 604-room Hilton Boston Logan Airport (Boston), the 850-room DoubleTree Hotel Seattle Airport (Seattle) and the 396-room Hilton Seattle Airport & Conference Center (Seattle). "I am thrilled that our operators, who have been negotiating with the local unions representing the affected employees at the hotels, have succes
TYSONS, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the third quarter ended September 30, 2024 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change(1) 2024 2023 Change(1)Comparable RevPAR$189.73 $183.64 3.3% $188.08 $180.33 4.3%Comparable Occupancy 78.1% 75.6% 2.5% pts 75.7% 73.5% 2.2% ptsComparable ADR$242.88 $242.89 —% $248.57 $245.34 1.3% Comparable Total RevPAR$294.65 $283.
TYSONS, Va., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park") (NYSE:PK) today announced that it plans to report financial results for the third quarter 2024 after the stock market closes on Tuesday, October 29, 2024. Park will hold a conference call on Wednesday, October 30, 2024, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps: Telephone:Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & R
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
Truist Securities analyst Patrick Scholes maintains Park Hotels & Resorts (NYSE:PK) with a Buy and lowers the price target from $21 to $20.
Wedbush analyst Richard Anderson reiterates Park Hotels & Resorts (NYSE:PK) with a Neutral and maintains $17 price target.
Barclays analyst Anthony Powell maintains Park Hotels & Resorts (NYSE:PK) with a Overweight and raises the price target from $21 to $22.
TYSONS, Va., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced its reinstated and updated full-year 2024 earnings guidance following the recent ratification of labor agreements between operators and labor unions at four of Park's hotels – the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort (Honolulu), the 604-room Hilton Boston Logan Airport (Boston), the 850-room DoubleTree Hotel Seattle Airport (Seattle) and the 396-room Hilton Seattle Airport & Conference Center (Seattle). "I am thrilled that our operators, who have been negotiating with the local unions representing the affected employees at the hotels, have succes
TripAdvisor's newly launched "Review Summaries" evaluates/analyzes user impressions of hotel conditions UNITE HERE, the hotel workers' union, has updated their website monitoring Park Hotels and Resorts (NYSE:PK) to include content from TripAdvisor's AI-Driven Review Summaries. The analysis feature, which the TripAdvisor Machine Learning Team crafted using prompt engineering, generative AI, and Large Language Models, launched for select hotels in January of 2024. Park Hotels Capex Problems now includes excerpts from TripAdvisor's overall summary of certain Park-owned hotels and TripAdvisor's ratings of particular attributes. Examples of these summaries include: The Hilton Hawaiian Vill
TYSONS, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the third quarter ended September 30, 2024 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change(1) 2024 2023 Change(1)Comparable RevPAR$189.73 $183.64 3.3% $188.08 $180.33 4.3%Comparable Occupancy 78.1% 75.6% 2.5% pts 75.7% 73.5% 2.2% ptsComparable ADR$242.88 $242.89 —% $248.57 $245.34 1.3% Comparable Total RevPAR$294.65 $283.
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
10-Q - Park Hotels & Resorts Inc. (0001617406) (Filer)
8-K - Park Hotels & Resorts Inc. (0001617406) (Filer)
10-Q - Park Hotels & Resorts Inc. (0001617406) (Filer)
TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced the appointment of Terri D. McClements as a new independent director to its Board of Directors (the "Board"), effective immediately. With Ms. McClements' appointment to the Board, the Board now has ten members, nine of whom are independent. Ms. McClements is a seasoned business leader, having spent her career in accounting, operational and executive leadership roles. Ms. McClements, a licensed certified public accountant, retired in 2023 as a partner with PricewaterhouseCoopers LLP ("PwC") where she spent over three decades in various roles. Most recently, Ms. McClements served as
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 lawsuit against the borrower entities related to the cessation of payments on the Loan. In connection with the lawsuit, the trustee requested the appointment of a receiver to take control of the hotels securing the Loan – the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco. Once appointed by the court, the receiver will have complete and exclusive control and possession of the hotels and will maintain Hilton and
Wolfe Research downgraded Park Hotels & Resorts from Outperform to Peer Perform
Evercore ISI upgraded Park Hotels & Resorts from In-line to Outperform and set a new price target of $20.00
Citigroup upgraded Park Hotels & Resorts from Neutral to Buy and set a new price target of $20.00 from $14.00 previously