Park Hotels provides investor update; highlights 33% NAV discount, Q4 Hotel EBITDA $85M

Park Hotels & Resorts Inc.

Internal NAV estimate implies 33% discount to consensus; stock trades at 10.7x 2019 pro-forma Adjusted EBITDA.
Q4 2021 pro-forma Hotel Adjusted EBITDA of $85M, up 2.4% sequentially; RevPAR at 62% of 2019 levels.
53 of 54 hotels open; December RevPAR reached 78% of 2019, driven by ADR at 108% of 2019.
Board approved $250M stock buyback; $1.6B liquidity with $690M cash and $901M undrawn revolver.
Identifies $100M-$135M EBITDA upside from cost savings, ROI projects, and Chesapeake synergies.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.