Park Hotels & Resorts Inc

NYSE:PK   11:48:33 AM EDT
18.34
+0.91 (+5.22%)
Divestitures / Spin-offs, Mergers / Acquisitions

Park Hotels & Resorts Executes Definitive Contracts To Sell Two Of Its San Francisco Hotels

Published: 07/13/2021 10:21 GMT
Park Hotels & Resorts Inc (PK) - Park Hotels & Resorts Inc - Sale for Total Proceeds of $303.5 Million.
Park Hotels & Resorts Inc - Now Expects to Break-even at Corporate Level in June-an Improvement From $15 Million Burn Rate Achieved in May.
Park Hotels & Resorts Inc - Transactions Will Bring Total Number of Assets Sold Or Disposed of Since Spinning Off From Hilton in January 2017 to 29.