Park is one of the largest publicly-traded lodging real estate investment trusts ("REIT") with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 40 premium-branded hotels and resorts with approximately 25,000 rooms primarily located in prime city center and resort locations.
Financial Forecast | Park Hotels & Resorts faces projected declines in sales, EBITDA, and net income, with a significant drop in free cash flow from $202M to $66M between FY2024 and FY2025. |
Market Headwinds | Explore the challenges of high exposure to international inbound travel and labor cost pressures, potentially impacting occupancy rates and profitability for Park Hotels & Resorts. |
RevPAR Resilience | Delve into Park's strong revenue per available room growth in key markets like New Orleans, offsetting broader market pressures and demonstrating the company's strategic positioning. |
Analyst Perspectives | Analyst targets range from Underperform to Outperform, with Evercore ISI setting a $17.00 price target, reflecting diverse views on Park's potential as an early cycle outperformer. |
Metrics to compare | PK | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipPKPeersSector | |
---|---|---|---|---|
P/E Ratio | 35.7x | −2.1x | 9.0x | |
PEG Ratio | −0.44 | −0.19 | 0.01 | |
Price/Book | 0.6x | 0.8x | 0.9x | |
Price / LTM Sales | 0.8x | 0.8x | 3.9x | |
Upside (Analyst Target) | 8.2% | 2.0% | 12.7% | |
Fair Value Upside | Unlock | 31.5% | 0.5% | Unlock |