Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.
IPO Year: 2016
Exchange: NYSE
Website: pkhotelsandresorts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/23/2025 | $10.00 | Underweight | Analyst |
| 5/30/2025 | $11.00 | Buy → Hold | Truist |
| 5/16/2025 | $13.00 | Outperform → In-line | Evercore ISI |
| 5/16/2025 | $24.00 | Outperform → In-line | Evercore ISI |
| 4/30/2025 | $11.00 | Neutral → Underperform | BofA Securities |
| 4/9/2025 | $10.00 | Buy → Hold | Jefferies |
| 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 |
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
Analyst initiated coverage of Park Hotels & Resorts with a rating of Underweight and set a new price target of $10.00
Truist downgraded Park Hotels & Resorts from Buy to Hold and set a new price target of $11.00
Evercore ISI downgraded Park Hotels & Resorts from Outperform to In-line and set a new price target of $13.00
Evercore ISI downgraded Park Hotels & Resorts from Outperform to In-line and set a new price target of $24.00
BofA Securities downgraded Park Hotels & Resorts from Neutral to Underperform and set a new price target of $11.00
Jefferies downgraded Park Hotels & Resorts from Buy to Hold and set a new price target of $10.00
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
Jefferies upgraded Park Hotels & Resorts from Hold to Buy and set a new price target of $21.00 from $14.00 previously
8-K - Park Hotels & Resorts Inc. (0001617406) (Filer)
SCHEDULE 13G - Park Hotels & Resorts Inc. (0001617406) (Subject)
10-Q - Park Hotels & Resorts Inc. (0001617406) (Filer)
8-K - Park Hotels & Resorts Inc. (0001617406) (Filer)
SCHEDULE 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
8-K - Park Hotels & Resorts Inc. (0001617406) (Filer)
S-8 - Park Hotels & Resorts Inc. (0001617406) (Filer)
DEFA14A - Park Hotels & Resorts Inc. (0001617406) (Filer)
DEFA14A - Park Hotels & Resorts Inc. (0001617406) (Filer)
DEF 14A - Park Hotels & Resorts Inc. (0001617406) (Filer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
4 - Park Hotels & Resorts Inc. (0001617406) (Issuer)
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it will release its financial results for the second quarter 2025 after the stock market closes on Thursday, July 31, 2025. Park will hold a conference call on Friday, August, 1, 2025 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 & Resorts' Second Quarter 2025 Earnings Conference Call. I
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it has closed on the sale of the 316-room Hyatt Centric Fisherman's Wharf located in San Francisco, CA for $80 million, or $253,000 per key. The sale price represents 64.0x 2024 EBITDA of the hotel. Proceeds from the sale will be used for ongoing return on investment ("ROI") projects in Park's portfolio and for other general corporate purposes. "Despite a challenging transaction market, I am very pleased with the progress we've made toward achieving our strategic objective of disposing $300 million to $400 million of non-core hotel assets in 2025. This initiative reflects our continued commitment to improving the overall qu
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the first quarter ended March 31, 2025 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 March 31, 2025 2024 Change(1) Comparable RevPAR $ 177.67 $ 178.94 (0.7 )% Comparable Occupancy 69.2 % 71.3 % (2.1) % pts Comparable ADR $ 256.62 $ 250.75 2.3 % Co
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it will release its financial results for the first quarter 2025 before the stock market opens on Monday, May 5, 2025. Park will hold a conference call at 10:00 a.m. Eastern Time (ET) that same morning 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 & Resorts' First Quarter 2025 Earnings Conference Call. It is recommended
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the fourth quarter and full-year ended December 31, 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 December 31, Year Ended December 31, 2024 2023 Change(1) 2024 2023 Change(1) Comparable RevPAR(2) $ 179.02 $ 181.52 (1.4 )% $ 186.78 $ 181.57 2.9 % Comparable Occup
Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced the tax reporting information for its 2024 cash distributions on its Common Stock. The distributions, totaling $1.40 per share, were paid as follows: $0.25 on April 15, 2024; $0.25 on July 15, 2024; $0.25 on October 15, 2024; and $0.65 on January 15, 2025. For income tax purposes, the dividends for 2024, totaling $1.40 per share, are classified as: (i) $1.285731 (91.8379%) Total ordinary dividends, and (ii) $0.114269 (8.1621%) Total capital gain distribution. The following table summarizes the income tax treatment of the Company's 2024 dividends: 2024 Dividend Tax Reporting Information (Form 1099-DIV) P
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it plans to report financial results for the fourth quarter and full year 2024 after the stock market closes on Wednesday, February 19, 2025. Park will hold a conference call on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and outlook for 2025. 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 & Resorts' Fourth Quarter and Full Year 2024 Earnings Conference Cal
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
TYSONS, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today provided an update on fourth quarter operating trends. Unless otherwise stated, all operating results are presented on a Comparable hotel basis. "I am incredibly pleased with the strength of our portfolio as we end the year with preliminary November 2024 RevPAR pacing ahead of expectations and preliminary full-year 2024 RevPAR trending towards the upper end of our previously disclosed guidance range. Specifically, preliminary November 2024 RevPAR is expected to be just 3.9% lower over the prior year period, however, excluding the impact of recently resolved strike activity i
TYSONS, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") announced today that the Company has declared a fourth quarter dividend of $0.65 per share of common stock which includes Park's regular quarterly dividend of $0.25 coupled with a $0.40 top off dividend based on 2024 operating results. The dividend will be paid in cash on January 15, 2025 to stockholders of record as of December 31, 2024. The fourth quarter dividend, together with the regular cash dividends declared for the first three quarters of 2024, represent an annual yield of 9.0% based on the closing stock price as of November 25, 2024. In total, Park will have returned $3
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
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)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
SC 13G - Park Hotels & Resorts Inc. (0001617406) (Subject)
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)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
SC 13G/A - Park Hotels & Resorts Inc. (0001617406) (Subject)
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it will release its financial results for the second quarter 2025 after the stock market closes on Thursday, July 31, 2025. Park will hold a conference call on Friday, August, 1, 2025 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 & Resorts' Second Quarter 2025 Earnings Conference Call. I
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it has closed on the sale of the 316-room Hyatt Centric Fisherman's Wharf located in San Francisco, CA for $80 million, or $253,000 per key. The sale price represents 64.0x 2024 EBITDA of the hotel. Proceeds from the sale will be used for ongoing return on investment ("ROI") projects in Park's portfolio and for other general corporate purposes. "Despite a challenging transaction market, I am very pleased with the progress we've made toward achieving our strategic objective of disposing $300 million to $400 million of non-core hotel assets in 2025. This initiative reflects our continued commitment to improving the overall qu
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the first quarter ended March 31, 2025 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 March 31, 2025 2024 Change(1) Comparable RevPAR $ 177.67 $ 178.94 (0.7 )% Comparable Occupancy 69.2 % 71.3 % (2.1) % pts Comparable ADR $ 256.62 $ 250.75 2.3 % Co
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it will release its financial results for the first quarter 2025 before the stock market opens on Monday, May 5, 2025. Park will hold a conference call at 10:00 a.m. Eastern Time (ET) that same morning 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 & Resorts' First Quarter 2025 Earnings Conference Call. It is recommended
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today announced results for the fourth quarter and full-year ended December 31, 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 December 31, Year Ended December 31, 2024 2023 Change(1) 2024 2023 Change(1) Comparable RevPAR(2) $ 179.02 $ 181.52 (1.4 )% $ 186.78 $ 181.57 2.9 % Comparable Occup
Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced the tax reporting information for its 2024 cash distributions on its Common Stock. The distributions, totaling $1.40 per share, were paid as follows: $0.25 on April 15, 2024; $0.25 on July 15, 2024; $0.25 on October 15, 2024; and $0.65 on January 15, 2025. For income tax purposes, the dividends for 2024, totaling $1.40 per share, are classified as: (i) $1.285731 (91.8379%) Total ordinary dividends, and (ii) $0.114269 (8.1621%) Total capital gain distribution. The following table summarizes the income tax treatment of the Company's 2024 dividends: 2024 Dividend Tax Reporting Information (Form 1099-DIV) P
Park Hotels & Resorts Inc. (NYSE:PK) ("Park") today announced that it plans to report financial results for the fourth quarter and full year 2024 after the stock market closes on Wednesday, February 19, 2025. Park will hold a conference call on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results and outlook for 2025. 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 & Resorts' Fourth Quarter and Full Year 2024 Earnings Conference Cal
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
TYSONS, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today provided an update on fourth quarter operating trends. Unless otherwise stated, all operating results are presented on a Comparable hotel basis. "I am incredibly pleased with the strength of our portfolio as we end the year with preliminary November 2024 RevPAR pacing ahead of expectations and preliminary full-year 2024 RevPAR trending towards the upper end of our previously disclosed guidance range. Specifically, preliminary November 2024 RevPAR is expected to be just 3.9% lower over the prior year period, however, excluding the impact of recently resolved strike activity i
TYSONS, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") announced today that the Company has declared a fourth quarter dividend of $0.65 per share of common stock which includes Park's regular quarterly dividend of $0.25 coupled with a $0.40 top off dividend based on 2024 operating results. The dividend will be paid in cash on January 15, 2025 to stockholders of record as of December 31, 2024. The fourth quarter dividend, together with the regular cash dividends declared for the first three quarters of 2024, represent an annual yield of 9.0% based on the closing stock price as of November 25, 2024. In total, Park will have returned $3