The Latest Breaking News from Park

Leading lodging REIT Park Hotels & Resorts (PK) has benefited from the increasing demand for travel and leisure over the past year. But as several macroeconomic headwinds continue to hinder economic growth, will PK be able to maintain its growth trajectory this year? Read on to learn our view.

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Park Hotels & Resorts Inc (NYSE:PK) reported first-quarter FY21 sales growth of 190% year-on-year to $479 million, beating the consensus of $422.93 million. Pro-forma revenue per available room (RevPAR) increased 181.7% to $116.42 and decreased 32.8% from the same period in 2019. The operating expenses rose 66% Y/Y to $478 million. Park Hotels…

The Scottish Gamekeepers Association (SGA) say protesters oppose the Cairngorms National Park Authority’s five-year Partnership Plan which suggests a tree planting and deer culling programme

'I found a team that are very together and enjoy each other’s company - it must have been really hard, when they were losing a lot of games of cricket'

Iranian refugee Hossein Latifi is one of 10 people released from Melbourne’s Park hotel, as advocates estimate around 30 remain in detention across Australia

The acting, by Imogen Stubbs and Eric Underwood among others, is formidable but Bruce Norris’s 2010 play lacks depth

It delivers 50,000 bottles per day to the likes of Tesco, Sainsbury’s, Asda and Aldi