Park Hotels & Resorts: Well-Covered Dividend And Undervalued Shares

Park Hotels & Resorts Inc. (NYSE:PK) was spun-off by Hilton Worldwide Holdings Inc. (HLT) in 2017 and headquartered in Tysons, VA, owns and manages hotels and resorts in the U.S. Investors who are looking for exposure to the U.S. hotel industry may be interested in this REIT as it appears to be a good addition to a dividend portfolio considering the outlook for the industry in 2024. The dividend is well covered, the business is conservatively financed exhibiting strong liquidity, and the stock is trading at ...