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Park Hotels Completes Assets Disposition to Focus on Core Portfolio
ZACKS· 2025-11-25 23:05
Key Takeaways PK completed the disposition of Hilton San Francisco Union Square and Parc 55 hotels.The move supports PK's 2025 plan to sell $300-$400 million of non-core assets to focus on core operations.PK had no economic interest due to receivership, and the sale removes legacy assets from its statements.Park Hotels & Resorts Inc. (PK) recently announced the completion of the disposition of the Hilton San Francisco Hotels. The hotels include Hilton San Francisco Union Square, comprising 1,921 rooms, and ...