Park Hotels & Resorts Update on Recent Operating Trends and Capital Allocation Highlights
Park Hotels & Resorts(PK)2023-12-21 10:41
TYSONS, Va., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) today provided an update on fourth quarter operating trends. "I am incredibly pleased with the strength of our portfolio as operating trends remained very solid in both October and November. Results were once again driven by improvements across our urban portfolio which delivered year-over-year 10% Comparable RevPAR growth during the first two months of the quarter. Business travel accelerated in Bo ...