Park Hotels & Resorts: San Francisco Headwinds Overshadowing Strong Recovery (NYSE:PK)


Hawaii beach Honolulu city travel landscape of Waikiki beach and Diamond Head mountain peak at sunset, Oahu island, USA vacation.

Maridav

Investment Thesis

Last March, I initiated coverage of lodging REIT Park Hotels & Resorts (NYSE:PK) with a Buy rating and a fair value based on a NAV of approximately $21 per share. With shares trading at $11.4 back then and less



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