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Park Hotels & Resorts Q2 2023 Results
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Park Hotels & Resorts Inc. reports strong Q2 2023 results, including a 5% increase in Comparable RevPAR, driven by key urban and resort markets, group business growth, and capital allocation initiatives.
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How might the capital allocation initiatives and decision to cease payments on a non-recourse CMBS loan affect Park Hotels & Resorts' long-term growth and shareholder value?
How might the decision to cease payments on a non-recourse CMBS loan impact Park Hotels & Resorts' financial stability and portfolio?
What factors contributed to the strong performance in key urban and resort markets?
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