Core Insights - Park Hotels & Resorts Inc. (PK) has sold or entered into agreements to sell five non-core assets for approximately $198 million, achieving an average multiple of 43X [1] - The company plans to exit three additional non-core assets by the end of the year, which include the Embassy Suites Kansas City Plaza, DoubleTree Hotel Seattle Airport, and DoubleTree Hotel Sonoma Wine Country, all of which yielded minimal EBITDA in 2025 [2] - Park Hotels aims to dispose of remaining marketable non-core assets within 12 months as part of a strategic plan to sell off non-core assets worth $300-$400 million in 2025 for portfolio optimization [3] Operating Performance - Despite a temporary government shutdown affecting air traffic in November, Park Hotels reported that it did not materially impact its comparable revenue per available room (RevPAR) results [4] - Preliminary November comparable RevPAR improved nearly 2%, driven by strong performance in Hawaii, New York, Denver, and Orlando, with increases of approximately 19%, 10%, 8%, and 6% respectively [5] - The Hawaiian Village Waikiki Beach Resort hotel saw significant RevPAR growth of 20% and 26% in October and November, contributing 300 basis points to the portfolio's comparable RevPAR growth [6] Strategic Outlook - Park Hotels is streamlining its portfolio by divesting non-core, low-performing assets while core markets continue to show solid RevPAR gains [7] - The company is strengthening its balance sheet and positioning itself for focused, long-term growth through planned asset sales [7] - Shares of Park Hotels have gained 0.4% over the past month, contrasting with a 1.3% decline in the industry [8]

TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc. ("Park†or the "Company†) (NYSE:PK) today provided an update on its non-core disposition activity and fourth quarter operating trends. Non-Core Asset Disposition Update: Operational Highlights: "I am very pleased with the meaningful progress we have made in executing our strategic priority to reshape the portfolio by divesting underperforming Non-Core hotels and further enhancing overall portfolio quality and long-term growth profile. Although the tr ...

INVESTOR PRESENTATION DECEMBER 2025 PARK HOTELS & RESORTS To be the preeminent lodging REIT, focused on consistently delivering superior, risk- adjusted returns to stockholders through active asset management and a thoughtful growth strategy, while maintaining a strong and flexible balance sheet MISSION INVESTMENT STRATEGY GUIDING PRINCIPLES Upper-Upscale & Luxury Full-Service Premier Urban and Resort Destinations Affiliation with Dominant Global Brands Active Asset Management Prudent Capital Allocation Mai ...

Core Insights - Park Hotels & Resorts Inc. (PK) has completed the sale of Hilton San Francisco Hotels, which includes Hilton San Francisco Union Square with 1,921 rooms and Parc 55 San Francisco with 1,024 rooms [1][7] - This sale aligns with the company's strategic plan to divest $300-$400 million in non-core assets by 2025, allowing it to concentrate on core operations and enhance balance sheet strength for future growth [2][7] - The hotels were previously under court-ordered receivership, which secured a $725 million non-recourse CMBS Loan, resulting in Park Hotels having no economic interest in the properties [3][7] Strategic Portfolio-Rebalancing Efforts - Park Hotels has been actively reshaping its portfolio to maximize shareholder returns, having sold 46 assets for over $3 billion since 2017 [4] - The company also sold the 316-room Hyatt Centric Fisherman's Wharf in May 2025 for $80 million, further supporting its strategic rebalancing efforts [4] - PK's shares have increased by 2.1% month-to-date, outperforming the industry average of 1.3% [4]

Core Viewpoint - Park Hotels & Resorts Inc. announced the completion of the sale of two major properties in San Francisco, securing a significant non-recourse loan in the process [1] Group 1: Company Actions - The court-appointed receiver completed the sale of the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco, collectively referred to as the Hilton San Francisco Hotels [1] - The sale secured a $725 million non-recourse CMBS Loan, known as the SF Mortgage Loan [1] Group 2: Financial Implications - The transaction reflects a strategic move by the company to manage its asset portfolio and financial obligations effectively [1]

Core Insights - Investors are increasingly turning to dividend-yielding stocks during market turbulence and uncertainty, as these companies typically have high free cash flows and offer substantial dividend payouts [1] Company Summaries Alexandria Real Estate Equities Inc (NYSE:ARE) - Dividend Yield: 10.66% - RBC Capital analyst Michael Carroll maintained a Sector Perform rating and reduced the price target from $98 to $65 on Nov. 3, 2025, with an accuracy rate of 60% [7] - JP Morgan analyst Anthony Paolone maintained a Neutral rating and lowered the price target from $117 to $95 on May 20, 2025, with an accuracy rate of 65% [7] - Recent quarterly results were mixed, reported on Oct. 27 [7] Park Hotels & Resorts Inc (NYSE:PK) - Dividend Yield: 9.97% - UBS analyst Robin Farley maintained a Neutral rating and increased the price target from $10 to $11 on Oct. 6, 2025, with an accuracy rate of 77% [7] - Truist Securities analyst Patrick Scholes downgraded the stock from Buy to Hold and cut the price target from $16 to $11 on May 30, 2025, with an accuracy rate of 64% [7] - Recent third-quarter results were mixed, reported on Oct. 30 [7] RLJ Lodging Trust (NYSE:RLJ) - Dividend Yield: 8.23% - Truist Securities analyst Gregory Miller maintained a Hold rating and raised the price target from $7 to $8 on Sept. 5, 2025, with an accuracy rate of 67% [7] - Keybanc analyst Austin Wurschmidt maintained an Overweight rating and reduced the price target from $14 to $12 on March 24, 2025, with an accuracy rate of 61% [7] - Recent quarterly results were mixed, reported on Nov. 5 [7]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Summaries Alexandria Real Estate Equities Inc (NYSE:ARE) - Dividend Yield: 10.66% - RBC Capital analyst Michael Carroll maintained a Sector Perform rating and reduced the price target from $98 to $65 on Nov. 3, 2025, with an accuracy rate of 60% [7] - JP Morgan analyst Anthony Paolone maintained a Neutral rating and lowered the price target from $117 to $95 on May 20, 2025, with an accuracy rate of 65% [7] - Recent quarterly results were mixed, reported on Oct. 27 [7] Park Hotels & Resorts Inc (NYSE:PK) - Dividend Yield: 9.97% - UBS analyst Robin Farley maintained a Neutral rating and increased the price target from $10 to $11 on Oct. 6, 2025, with an accuracy rate of 77% [7] - Truist Securities analyst Patrick Scholes downgraded the stock from Buy to Hold and cut the price target from $16 to $11 on May 30, 2025, with an accuracy rate of 64% [7] - Recent third-quarter results were mixed, reported on Oct. 30 [7] RLJ Lodging Trust (NYSE:RLJ) - Dividend Yield: 8.23% - Truist Securities analyst Gregory Miller maintained a Hold rating and raised the price target from $7 to $8 on Sept. 5, 2025, with an accuracy rate of 67% [7] - Keybanc analyst Austin Wurschmidt maintained an Overweight rating and reduced the price target from $14 to $12 on March 24, 2025, with an accuracy rate of 61% [7] - Recent quarterly results were mixed, reported on Nov. 5 [7]

Core Insights - Albert Anthony is a Croatian-American business author and analyst contributing to Seeking Alpha and other financial platforms, with a focus on Real Estate Investment Trusts (REITs) [1] - He has a background in business information systems and experience at Charles Schwab, which supports his analytical capabilities in equities research [1] - Anthony operates his own boutique equities research firm, Albert Anthony & Company, remotely from Texas, and is actively involved in the REIT investment space [1] Company Background - Albert Anthony & Company is a Texas-registered business that provides market commentary and research based on publicly available data [1] - The firm does not manage client funds or provide personalized financial advisory services, focusing instead on general market insights [1] Professional Credentials - Anthony holds a B.A. in Political Science and is certified in Microsoft Fundamentals and CompTIA Project+ [1] - He is currently pursuing further certifications in Capital Markets & Securities Analyst (CMSA) and business intelligence/data analysis through the Corporate Finance Institute [1] Media Presence - Anthony has a growing presence on YouTube, where he discusses REITs and shares insights from his investment portfolio [1] - He has participated in numerous business and innovation conferences, enhancing his visibility in the financial community [1]

Core Insights - Albert Anthony is a Croatian-American business author and analyst contributing to Seeking Alpha and other financial platforms, with a focus on Real Estate Investment Trusts (REITs) [1] - He has a background in business information systems and experience at Charles Schwab, which supports his analytical capabilities in equities research [1] - Anthony operates his own boutique equities research firm, Albert Anthony & Company, remotely from Texas, and is actively involved in the REIT investment space [1] Company Background - Albert Anthony & Company is a Texas-registered business that provides market commentary and research based on publicly available data [1] - The firm does not manage client funds or provide personalized financial advisory services, focusing instead on general market insights [1] Author's Qualifications - Anthony holds a B.A. in Political Science and is certified in Microsoft Fundamentals and CompTIA Project+ [1] - He is pursuing ongoing certifications in Capital Markets & Securities Analyst (CMSA) and business intelligence/data analysis through the Corporate Finance Institute [1] Media Presence - Anthony has a growing presence on YouTube, where he discusses REITs and shares insights from his investment portfolio [1] - He has participated in numerous business and innovation conferences, enhancing his visibility in the financial community [1]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Company Ratings and Analyst Insights - Park Hotels & Resorts Inc (NYSE:PK) has a dividend yield of 9.91%. UBS analyst Robin Farley maintained a Neutral rating and raised the price target from $10 to $11 on October 6, 2025, with an accuracy rate of 79%. Truist Securities analyst Patrick Scholes downgraded the stock from Buy to Hold and cut the price target from $16 to $11 on May 30, 2025, with an accuracy rate of 65% [7] - RLJ Lodging Trust (NYSE:RLJ) has a dividend yield of 8.75%. Truist Securities analyst Gregory Miller maintained a Hold rating and raised the price target from $7 to $8 on September 5, 2025, with an accuracy rate of 67%. Keybanc analyst Austin Wurschmidt maintained an Overweight rating but reduced the price target from $14 to $12 on March 24, 2025, with an accuracy rate of 60% [7] - Easterly Government Properties Inc (NYSE:DEA) has a dividend yield of 8.37%. Jefferies analyst Joe Dickstein downgraded the stock from Buy to Hold and cut the price target from $26 to $20 on October 13, 2025, with an accuracy rate of 65%. RBC Capital analyst Michael Carroll maintained an Underperform rating and reduced the price target from $27.5 to $22 on June 2, 2025, with an accuracy rate of 60% [7]