Topic - Hotel Portfolio Transaction

Park Hotels & Resorts Inc. Announces the Sales of Three Non-Core Assets for $166M
June, 25 2019
The three hotels, the 507-room Hilton Atlanta Airport in Atlanta, Georgia; the 317-room Hilton New Orleans Airport in New Orleans, Louisiana; and the 274-room Embassy Suites Parsippany in Parsippany, New Jersey, are located in non-core airport and suburban markets and had a combined 2018 RevPAR of $109, or approximately 37% below Park’s 2018 portfolio average. continue reading →