Park Hotels & Resorts Inc. reports recurring developments for a publicly traded lodging REIT with premium-branded hotels and resorts in prime city center and resort locations. Company updates commonly cover quarterly and annual results, RevPAR performance, group and corporate demand, Hotel Adjusted EBITDA, and the operating impact of renovations at properties such as Royal Palm South Beach Miami and Hilton Hawaiian Village Waikiki Beach Resort.
Park news also includes non-core hotel disposition activity, capital improvement projects within its core portfolio, dividend tax treatment for common stock distributions, earnings conference calls, corporate responsibility reporting, and governance or leadership updates. Completed asset sales and receivership-related hotel transitions are framed through their effects on the lodging portfolio, balance sheet, and financial statements.
Park Hotels & Resorts Inc. (NYSE: PK) has appointed Nancy M. Vu as Senior Vice President, General Counsel, and Secretary, effective October 23, 2020. Vu, who previously served as Deputy General Counsel, will now lead the legal department. She joined Park in 2016 during its spin-off from Hilton and has played a critical role in major transactions. Her promotion follows the appointment of Thomas C. Morey as Executive Vice President and Chief Investment Officer. Park is a leading publicly traded lodging REIT with a portfolio of 60 hotels and resorts, totaling over 33,000 rooms.
Park Hotels & Resorts Inc. (NYSE: PK) has announced plans to report its financial results for the third quarter of 2020 after market close on November 5, 2020. A conference call will be held on November 6, 2020, at 11:00 a.m. ET to discuss earnings and operational conditions. Participants can join via telephone or webcast, with details available on Park's website. The company, the second-largest publicly traded lodging REIT, operates a portfolio of 60 premium-branded hotels and resorts with over 33,000 rooms.