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Park Hotels Announces Non-Core Dispositions, Provides Operating Update
ZACKS· 2025-12-10 22:46
Key Takeaways PK has sold or agreed to sell five non-core assets worth about $198M, with more exits planned.Strong Hawaii, New York, Denver and Orlando results lifted preliminary November comparable RevPAR.Excluding a renovation suspension, core hotels posted October and November RevPAR gains of 3.8% and 5.5%.Park Hotels & Resorts Inc. (PK) recently announced that from the beginning of the year through Dec. 9, 2025, it has sold or entered into agreements to sell five non-core assets for an estimated value o ...