Big Tech Has Surprising Rival for Market Supremacy: Hotel REITs [Yahoo! Finance]
Park Hotels & Resorts Inc. (PK)
Last park hotels & resorts inc. earnings: 2/26 04:15 pm
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pkhotelsandresorts.com
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Source: Yahoo! Finance
Most Read from Bloomberg A $2 Billion Airport Will Test Modi's Mission, Adani's Ambitions Apple Buys Canadian AI Startup as It Races to Add Features Bitcoin Extends Retreat From Record as ‘Bubble' Talk Escalates Millennium Trader Scored $40 Million Windfall in Egypt FX Plunge SpaceX Starship Nears Orbit, But Is Lost Before Return to Earth Since equities hit a low on Oct. 27, shares of hotel and lodging landlords are up 29%, topping the 23% rise in the S&P 500 Index and the 19% gain in the broader real estate industry. The biggest gainer, Park Hotels & Resorts Inc., has soared 53% over that stretch, beating every one of the Magnificent Seven technology stocks except Nvidia Corp. The advance in lodging REITs has been spurred by a steady return of corporate travel and the prospects that the Federal Reserve will start lowering interest rates this year. That's particularly important to the industry, which is so sensitive to the cost of borrowing. What's more, the rally can
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PK
News
- Park Hotels & Resorts Inc. (NYSE: PK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.25 Per ShareGlobeNewswire
- Park Hotels & Resorts Inc. (NYSE: PK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Park Hotels & Resorts Inc. (NYSE: PK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Park Hotels & Resorts Inc. (NYSE: PK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
PK
Earnings
- 2/27/24 - Beat
PK
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- PK's page on the SEC website