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Park Hotels and Resorts Inc   (PK)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 
Price: $17.1400 $0.03 0.175%
Day's High: $17.15 Week Perf: -1.04 %
Day's Low: $ 17.06 30 Day Perf: 12.32 %
Volume (M): 41 52 Wk High: $ 17.78
Volume (M$): $ 700 52 Wk Avg: $13.70
Open: $17.03 52 Wk Low: $10.70



 Market Capitalization (Millions $) 3,779
 Shares Outstanding (Millions) 220
 Employees 80
 Revenues (TTM) (Millions $) 2,698
 Net Income (TTM) (Millions $) 106
 Cash Flow (TTM) (Millions $) -189
 Capital Exp. (TTM) (Millions $) 339

Park Hotels And Resorts Inc
With a varied portfolio of historic and market-leading hotels and resorts with considerable underlying real estate value, we are the second biggest publicly listed lodging real estate investment trust. We started out as a Delaware corporation called Hilton Hotels Corporation, and we were a component of one of Hiltons business areas.
Our goal is to be the foremost lodging REIT, focusing on providing superior risk-adjusted returns to investors through active asset management and a strategic external development strategy, all while keeping a strong and flexible balance sheet.
Our management agreements usually include a two-tiered pricing structure, with a basic management charge and an incentive management fee for our hotel managers. Our hotels charge a base management fee that ranges from 2% to 4% of gross hotel revenues or receipts, depending on the terms of the agreement. The incentive management fee is usually a percentage of a specific performance metric, such as operational income, cash flow, or other performance indicators, as stipulated in the agreements, with some agreements only allowing incentive fees when particular financial criteria have been met. We also pay our hotel managers some service fees and compensate them for the salaries and wages of their workers who work at our hotels, as well as certain additional expenditures.


   Company Address: 1775 Tysons Boulevard Tysons 22102 VA
   Company Phone Number: 302-5757   Stock Exchange / Ticker: NYSE PK
   PK is expected to report next financial results on April 30, 2024.


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHH        1.07% 
H   -0.25%    
HLT        0.23% 
MAR   -0.87%    
MTN   -1.33%    
WH   -3.24%    
• View Complete Report
   



Park Hotels And Resorts Inc

Park Hotels And Resorts Inc Sees Significant Share Price Surge Despite Revenue Decline2.



Park Hotels and Resorts Inc, a prominent player in the Hotels & Tourism industry, has witnessed a notable surge in its shares over the past three months. This increase in share value reflects the company's positive financial performance despite a decline in revenue. Let's explore the key factors that have influenced Park Hotels? recent performance and assess their potential impact on the company moving forward.
1. Shares Gain Momentum:
Park Hotels and Resorts Inc shares have shown a remarkable improvement of 15.82% over the past three months. In the preceding 30 days, shares rose by 5.9%. This consistent upward trend indicates growing investor confidence in the company's future prospects.

Product Service News

A Glimpse into Park Hotels & Resorts' Diverse Earnings Landscape Amidst Evolving Market Dynamics

Published Wed, Dec 20 2023 9:42 PM UTC

Park Hotels & Resorts Inc., a prominent player in the hospitality sector, has recently unveiled updated operational data for Q4, highlighting significant trends that may shape the company's future performance. The third quarter of the year witnessed Park Hotels & Resorts' corporate clients reducing their revenues costs by 0.39% annually and trimming sequentially by 2.23%. De...

Dividend

Park Hotels & Resorts Declares Fourth Quarter Dividend, Providing a Boost to Shareholders in Light of Positive Growth Trends

Published Thu, Nov 30 2023 11:42 PM UTC



TYSONS, Va., Nov. 30, 2023 - Park Hotels & Resorts Inc. (NYSE: PK) has recently announced the declaration of its fourth-quarter dividend, demonstrating the company's commitment to providing value to its shareholders. This dividend includes the regular quarterly dividend of $0.15 per share of common stock, along with a top-off dividend of $0.78 based on the outstand...

Park Hotels And Resorts Inc

Park Hotels And Resorts Inc's Declining Income: An Alarming Signal of Profitability Concerns

As an investor, it is important to carefully analyze financial results in order to make informed decisions. The recent financial report of Park Hotels And Resorts Inc reveals some interesting findings that can help us understand the company's performance.
Starting with the revenue, Park Hotels And Resorts Inc experienced a slight elevation of 2.568% in the most recent fiscal period compared to the previous year. Although this may indicate growth, it was not enough to prevent a significant reduction in income, which decreased by -13.33%. This decline is quite substantial and raises concerns about the company's profitability.

Dividend

Park Hotels & Resorts Declares Third Quarter Dividend, Continuing Positive Growth Trend

Published Fri, Sep 8 2023 8:16 PM UTC


Park Hotels & Resorts Inc. (NYSE: PK), a leading hospitality company, has recently announced the declaration of a third quarter cash dividend of $0.15 per share of common stock. This news comes as a further testament to Park's commitment to its shareholders and reflects the company's strong financial performance.
The dividend will be paid in cash on October 16, 2023...






 

Park Hotels And Resorts Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Park Hotels And Resorts Inc does not provide revenue guidance.

Earnings Outlook
Park Hotels and Resorts Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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