Park Hotels & Resorts to sell 5 non-core hotels [Yahoo! Finance]
Park Hotels & Resorts Inc. (PK)
Last park hotels & resorts inc. earnings: 2/26 04:15 pm
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Source: Yahoo! Finance
Park Hotels & Resorts has sold, or entered into agreements or letters of intent to sell, five non-core hotels , amounting to anticipated gross proceeds of about $198 million, according to a Tuesday release. Closed 2025 transactions include the May sale of the 316-room Hyatt Centric Fisherman's Wharf in San Francisco, as well as the sale of an unconsolidated joint venture interest in the 559-room Capital Hilton DC in November. The three remaining transactions are expected to close by early 2026, per the release. Additionally, by the end of this year, Park will also have exited three non-core hotels on expiring ground leases. Those include the 266-key Embassy Suites Kansas City Plaza in Missouri, the 850-key DoubleTree Hotel Seattle Airport in Washington and the 245-key DoubleTree Hotel Sonoma Wine Country in California. Collectively, the hotels generated minimal EBITDA in 2025, Park said in the release. For the eight hotels, estimated 2025 average RevPAR and adjusted hotel EBITD
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News
- Is Park Hotels and Resorts a Value Opportunity After Prolonged Share Price Weakness? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Park Hotels Announces Non-Core Dispositions, Provides Operating Update [Yahoo! Finance Canada]Yahoo! Finance Canada
- Park Hotels & Resorts (NYSE:PK) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Park Hotels & Resorts Announces the Sale of Additional Non-Core Hotels and Provides Update on Non-Core Hotel Disposition Activity and Recent Operating TrendsBusiness Wire
- Park Hotels & Resorts (NYSE:PK) was given a new $12.00 price target on by analysts at Truist Financial Corporation.MarketBeat
PK
Earnings
- 10/30/25 - Miss
PK
Sec Filings
- 12/9/25 - Form 8-K
- 12/2/25 - Form SCHEDULE
- 12/1/25 - Form SCHEDULE
- PK's page on the SEC website