AllAnalyst Report
Morningstar•March 27, 2024
Morningstar•March 27, 2024Park Hotels & Resorts Inc.: Hotel Recovery Is Slowing but Still Producing Solid Growth for Park Hotel's Portfolio
Summary
Park Hotels & Resorts owns upper-upscale and luxury hotels with 23,428 rooms across 39 hotels in the United States. Park also has interests through joint ventures in another 2,665 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all it
Upgrade to begin using premium research reports and get so much more.
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
UpgradeActions
Download Full ReportRelated Reports
- Analyst Report: Wyndham Hotels & Resorts, Inc.Apr 25, 2024 •
WH
- Daily Spotlight: GDP Growth Slows to 1.6%Apr 25, 2024 •
MAR
- Analyst Report: Pebblebrook Hotel TrustApr 24, 2024 •
PEB
- CAR: Lowering target price to $108.00Apr 24, 2024 •
CAR
- EPR: Raising target price to $43.00Apr 24, 2024 •
EPR
Analyst Profile
Kevin Brown
Equity AnalystKevin Brown is an equity analyst on the finance team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers apartment, healthcare, and hotel REITs and real estate service companies in the United States.Before joining Morningstar in 2018, Brown worked at an asset-management company focused on global real estate, spending nine years covering healthcare and hotel REITs.Brown holds a bachelor’s degree in economics from Dartmouth College. He also holds the Chartered Financial Analyst® designation.