Park Hotels & Resorts Stock News

Park Hotels & Resorts (PK) delivered FFO and revenue surprises of 900% and 14.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Hotels are hot despite inflation picking up.

Hotels are hot despite inflation picking up.

Gainers HighPeak Energy, Inc. (NASDAQ: HPK) shares gained 31.76% to close at $28.83 on Wednesday, after CNBC’s Jim Cramer said the mid-cap company is an aggressive play on elevated oil prices. AVZ

TYSONS, Va., April 13, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an operational update.

Upgrades For Cal-Maine Foods Inc (NASDAQ:CALM), Consumer Edge Research upgraded the previous rating of Equal-Weight to Overweight. For the third quarter, Cal-Maine Foods had an EPS of $0.81, compared

TYSONS, Va., March 23, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2022 before the sto

TYSONS, Va., March 23, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2022 before the stock

Park Hotel & Resorts manages a diverse portfolio of hotels and resorts and is the second-largest publicly traded lodging REIT in the United States.

Park Hotels & Resorts Inc. (NYSE:PK) declares $0.01/share quarterly dividend, 97.8% decrease from prior dividend of $0.45.Forward yield 0.21%Payable April 15; for shareholders of record…

Park Hotels & Resorts Inc. said Friday it was reinstating a dividend, as the real estate investment trust focusing on hotels and resorts said it has seen a "broad-based recovery" in demand in February. The company said it will pay a quarterly dividend of 1 cent a share on April 15 to shareholders of record on March 31. The REIT said pro forma revenue per available room (RevPAR) in February was $118.07, up 204.3% from a year ago and 44.3% higher than January 2022, while the average daily rate of $223.63 was 45.7% higher than a year ago and 9.2% above the January ADR. "Strong leisure demand in Hawaii, Miami and Key West helped to drive overall performance and occupancy continued to build across our urban portfolio of hotels, improving sequentially by 15 percentage points to 40%, while average rate increased nearly 20% during the month of February -- further signs of a business recovery beginning to take shape," said Park Chief Executive Thomas Baltimore. The stock, which was still inactive in premarket trading, has gained 1.9% over the past three months while the S&P 500 has lost 9.6%.

TYSONS, Va., March 11, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an operational update and announced the reinstatement of its div

Park Hotels & Resorts Inc. PK, +0.59% said Friday it was reinstating a dividend, as the real estate investment trust focusing on hotels and resorts said it has seen a "broad-based recovery" in demand

On February 25, the board of Park Hotels & Resorts (PK) authorized and approved a share repurchase program of up to $300M of the currently outstanding shares of the company''s common…