Photo by elenabs/iStock via Getty Images
Park Hotels & Resorts, Inc. (NYSE: PK), the second-largest publicly traded lodging real estate investment trust (REIT), continues to endure the devastating impact of the pandemic on its operations. Belonging to the hospitality industry, which is one of the heavily stricken sectors by the global spread of the virus, its figures were expected to show contraction in every aspect. This is mainly due to the effect of the different lockdown and stay-at-home orders…
