Park Hotels Completes Assets Disposition to Focus on Core Portfolio

Key Takeaways PK completed the disposition of Hilton San Francisco Union Square and Parc 55 hotels.The move supports PK's 2025 plan to sell $300-$400 million of non-core assets to focus on core operations.PK had no economic interest due to receivership, and the sale removes legacy assets from its statements.Park Hotels & Resorts Inc. (PK) recently announced the completion of the disposition of the Hilton San Francisco Hotels. The hotels include Hilton San Francisco Union Square, comprising 1,921 rooms, and ...