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30.10.25 - 21:12
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Park Hotels & Resorts Inc. Reports Third Quarter 2025 Results (Business Wire)
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TYSONS, Va.--(BUSINESS WIRE)--$PK #earnings--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the third quarter ended September 30, 2025 and provided an operational update.
Third Quarter Highlights Include:
Comparable RevPAR was $180.93, a decrease of (6.1)% compared to the same period in 2024, or a (4.9)% decrease when excluding the Royal Palm South Beach Miami, a Tribute Portfolio Resort (“Royal Palm”), which suspended operations in mid-May 2025 for a comprehensive renovation;
Net loss and net loss attributable to stockholders were $(14) million and $(16) million, respectively;
Adjusted EBITDA was $130 million;
Diluted loss per share was $(0.08);
Diluted Adjusted FFO per share was $0.35;
In September 2025, amended and restated the Company's existing credit agreement to increase the senior unsecured revolving credit facility (“Revolver”) from $950 million to $1 billion and extend its maturity to September 2029, in addition to obtaining a senior ...
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21.10.25 - 22:12
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Iron Mountain Announces the Election of Christie Kelly to the Board of Directors (Business Wire)
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PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain (NYSE: IRM), a global leader in information management services, today announced the election of Christie Kelly to the Board of Directors, effective October 21, 2025.
Ms. Kelly brings decades of leadership experience in finance and strategy. From 2021 to 2023, she served as Executive Vice President, Chief Financial Officer, and Treasurer of Realty Income Corporation, a leading triple-net lease REIT.
Previously, Ms. Kelly was Executive Vice President, Chief Financial Officer, at Jones Lang LaSalle and at Duke Realty Corporation. She has also held senior leadership positions at Lehman Brothers and General Electric.
Ms. Kelly serves on the boards of Park Hotels & Resorts, Kite Realty Group Trust, and Legence Corporation, and also serves on the private board of Gilbane. She holds a Bachelor of Arts in Economics from Bucknell University.
Pamela Arway, Iron Mountain Board Chairperson, said: “On behalf of our Board, I am pleased to welcome Ms. Kelly. Her extensi...
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25.09.25 - 01:00
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The Live Conversation: Hong Kong-Asean Summit 2025 (SCMP)
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The Hong Kong-Asean Summit 2025, held at The Fullerton Ocean Park Hotel Hong Kong on Tuesday, 9 September, saw more than 300 business leaders, policymakers, and industry experts gather to discuss how the city can expand its role as a super-connector between mainland China and Asean nations. With a focus on economic integration and innovation, the summit provided key insights into the opportunities and challenges that are shaping one of the world's fastest-growing regions.
Daryl Ng Win Kong,......
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17.09.25 - 22:21
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Park Hotels & Resorts Inc. Completes Recast of $2 Billion Credit Facilities (Business Wire)
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TYSONS, Va.--(BUSINESS WIRE)--$PK--Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) today announced that it has successfully amended and restated its existing credit agreement (as amended and restated, the “Credit Agreement”) to (i) increase total capacity under a senior secured revolving credit facility from $950 million to $1 billion (the “Revolving Facility”), (ii) extend the termination date of the Revolving Facility from December 1, 2026 to September 17, 2029, and (iii) add a new senior unsecured delayed draw term loan facility of up to $800 million, available in up to three draws for up to one year after closing, with a scheduled maturity date of January 2, 2030 (the “2025 Term Facility”). The Credit Agreement also provides for a senior unsecured term loan in the original principal amount of $200 million incurred on May 16, 2024 (the “2024 Term Loan”, and together with the Revolving Facility and the 2025 Term Facility, the “Credit Facilities”), bringing the aggregate capacity un...
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04.09.25 - 22:21
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Park Hotels & Resorts Inc. Announces Third Quarter 2025 Earnings Conference Call on October 31, 2025 (Business Wire)
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TYSONS, Va.--(BUSINESS WIRE)--$PK #earnings--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it will release its financial results for the third quarter 2025 after the stock market closes on Thursday, October 30, 2025. Park will hold a conference call on Friday, October 31, 2025 at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook.
The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps:
Telephone:
Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & Resorts' Third Quarter 2025 Earnings Conference Call. It is recommended that participants dial 10 minutes ahead of the scheduled start time.
Webcast:
Please log on to www.pkhotelsandresorts.com 10 minutes prior to the call to register. A replay of the webcast will also be archived on the Investor Relations section of Park's ...
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