Tag: Park Hotels Resorts

Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...

Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key. The assets consist...

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

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

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

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

Park Hotels & Resorts and its joint venture partners have closed on the sale of their interests in the company that owns the 192-room...

Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust. The announcement follows approval of the transaction by Chesapeake’s...

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

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