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Park Hotels & Resorts takes action to mitigate COVID-19 impact

Park Hotels & Resorts Inc. announced it is has taken various actions, independently and in coordination with its hotel management companies, to...

Park Hotels & Resorts appoints Thomas C. Morey as Executive Vice...

Park Hotels & Resorts Inc. announced the appointment of Thomas C. Morey as Executive Vice President & Chief Investment Officer. Mr. Morey...

Park Hotels announces sale of Le Meridien New Orleans

Park Hotels & Resorts Inc. announced that it has closed on the sale of the 410-room Le Meridien New Orleans located in New...

Park Hotels sells hotel in Los Angeles for $117m

Park Hotels & Resorts Inc. has sold the 182-room Ace Hotel Downtown Los Angeles, located in Los Angeles, CA, for $117.0 million.

Park Hotels announces sale of Conrad Dublin

Park Hotels & Resorts and its joint venture partners have closed on the sale of their interests in the company that owns...

Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn

Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust. The announcement follows...

Park Hotels secures $950M loan for Chesapeake acquisition

Park Hotels & Resorts Inc. announced that it entered into a $950 million unsecured delayed draw term loan agreement (“Term Facility”) in order to...

Park Hotels to acquire Chesapeake Lodging Trust in a $2.7b deal

Park Hotels & Resorts Inc. has signed a merger agreement with Chesapeake Lodging Trust to acquire all the outstanding shares of Chesapeake...

Park Hotels & Resorts Inc sells Pointe Hilton Squaw Peak Resort...

Park Hotels & Resorts Inc. has sold the 563-room Pointe Hilton Squaw Peak Resort, located in Phoenix, AZ, for f $51.4 million.

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