Asset DispositionPK sold the Hyatt Centric Fisherman's Wharf San Francisco for $80M at 64.0x EBITDA, showing progress on their $350M disposition program.
Capital Allocation StrategyContinued belief in the merits of PK’s capital allocation strategies with earnings upside from its renovated assets, the Royal Palm project, and additional ROI opportunities.
Share Price PotentialExpected share price return is 27.5%, suggesting a significant potential upside.