Real Estate News

Real Estate Entrepreneur Robbie Antonio Announces New Spec Home Developments Planned for Connecticut Markets

Real estate businessman Robbie Antonio today unveiled his upcoming plans for spec home development projects throughout popular housing markets of Connecticut, USA. Tapping into the massive shifts in market trends, the spec home projects are set to develop within areas that have recently experienced significant interest from new movers seeking move-in-ready homes.

Park Hotels & Resorts Provides Update on Operating Trends

TYSONS, Va., April 13, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an operational update.

Recent Highlights

Occupancy for March 2022 for Park’s 48 consolidated hotels was 63.0%, a sequential improvement of over 10 percentage points from February 2022;Repurchased 3.4 million shares of common stock at an average price of $17.99 per share, or $61 million, during the first quarter of 2022; andAccelerated plans to reopen Park’s remaining suspended hotel, the 1,024-room Parc 55 San Francisco – a Hilton Hotel, with a target reopening date of May 19, 2022, based on improving demand trends in the San Francisco market.

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