Is Park Hotels and Resorts a Value Opportunity After Prolonged Share Price Weakness?
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Wondering if Park Hotels & Resorts at around $10.90 is a value trap or a contrarian opportunity? You are not alone, and that is exactly what we are going to unpack here.
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The stock has inched up about 2.0% over the last week and 1.2% over the last month, but it is still down 20.9% year to date and 21.4% over the last year. This hints that sentiment is still cautious despite a 19.7% gain over three years.
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Recent headlines have focused on the slow but ongoing recovery in business and leisure travel, as well as asset sales and portfolio optimization moves across the hotel REIT space. All of these factors feed directly into how investors think about Park Hotels & Resorts future cash flows. Broader real estate market volatility and…
