Park Hotels & Resorts(PK) - 2022 Q4 - Earnings Call Transcript

Hey, thanks. Good morning. Tom Baltimore Good morning, Duane. Duane Pfennigwerth Hey, nice to see you. Just on labor cost inflation, I wonder if your relative flexibility and geography, so essentially operating in higher-cost urban markets where rates were already high makes you less exposed to labor rate increases versus your peers. Is having less flexibility on labor, actually, a good thing right now? Tom Baltimore It's a great question, and I think you are spot on. One, we have a labor piece. We've been ...