Park Hotels Announces $80M Sale of Hyatt Centric Fisherman's Wharf [Yahoo! Finance]
Park Hotels & Resorts Inc. (PK)
Last park hotels & resorts inc. earnings: 2/26 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
pkhotelsandresorts.com
Company Research
Source: Yahoo! Finance
The sale price reflects a multiple of 64.0 times the hotel's 2024 EBITDA. Proceeds from this transaction will be utilized for ongoing return on investment (ROI) projects in Park's portfolio and for other general corporate purposes. Although the transaction market presents challenges, Thomas J. Baltimore, Jr., chairman and CEO of Park Hotels' expresses satisfaction regarding the advancement made in reaching its strategic goal of disposing of $300 million to $400 million of non-core hotel assets in 2025. This initiative demonstrates its ongoing dedication to enhancing the overall quality of its iconic portfolio as it persistently reinvests into its strong ROI pipeline, while also improving its liquidity position and financial flexibility. Since 2017, Park Hotels has sold or disposed of 46 hotels for more than $3 billion, thereby transforming its portfolio and strengthening its long-term growth. The company remains highly focused on allocating capital to unlock the embedded value in
Show less
Read more
Impact Snapshot
Event Time:
PK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PK alerts
High impacting Park Hotels & Resorts Inc. news events
Weekly update
A roundup of the hottest topics
PK
News
- Park Hotels & Resorts Inc. (NYSE: PK) had its price target raised by analysts at Wells Fargo & Company from $10.00 to $11.00. They now have an "equal weight" rating on the stock.MarketBeat
- Park Hotels & Resorts Inc. (NYSE: PK) is now covered by analysts at JPMorgan Chase & Co.. They set an "underweight" rating and a $10.00 price target on the stock.MarketBeat
- Park Hotels & Resorts: Deep Value, High Yield [Seeking Alpha]Seeking Alpha
- Park Hotels & Resorts Inc Could Be A Value Trap, Hold [Seeking Alpha]Seeking Alpha
- Park Hotels & Resorts Inc. Announces Second Quarter 2025 Earnings Conference Call on August 1, 2025 [Yahoo! Finance]Yahoo! Finance
PK
Earnings
- 5/5/25 - Beat
PK
Sec Filings
- 6/25/25 - Form 4
- 6/25/25 - Form 4
- 6/25/25 - Form 4
- PK's page on the SEC website