Real Estate Series Part III: Park Hotels & Resorts
Americas finest hotels at attractive yields and NAV discounts
Summary
My positive long term view on the hotel real estate sector
US hotel REITs offer compelling entry points for luxury and upper upscale
Park Hotels and Resorts: 9.7% FFO yield; 37% estimated NAV discount
Investment Case: What it takes for a 3x over 5ys
Disclaimer: This writeup is not investment advice. I am sharing my research insights and positioning …