Park Hotels & Resorts Sells Five Non-Core Hotels for $198 Million

Reuters

12/09

Park Hotels & Resorts Sells Five Non-Core Hotels for $198 Million

Park Hotels & Resorts Inc. announced the sale or agreements to sell five non-core hotels for approximately $198 million in gross proceeds at an average multiple of nearly 43x. Completed transactions include the sale of the Hyatt Centric Fisherman's Wharf and a joint venture interest in the Capital Hilton DC. Three additional hotel sales are expected to close by early 2026, as the company continues its strategy to divest underperforming non-core properties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Park Hotels & Resorts Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251209177418) on December 09, 2025, and is solely responsible for the information contained therein.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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