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Park Hotels & Resorts Inc. (PK) CEO Tom Baltimore on Q1 2022 Results - Earnings Call Transcript

May 02, 2022 2:23 PM ETPark Hotels & Resorts Inc. (PK)
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Park Hotels & Resorts Inc. (NYSE:PK) Q1 2022 Earnings Conference Call May 2, 2022 11:00 AM ET

Company Participants

Ian Weissman - Senior Vice President, Corporate Strategy

Tom Baltimore - Chairman and Chief Executive Officer

Sean Dell'Orto - Chief Financial Officer

Conference Call Participants

Smedes Rose - Citi

Floris Van Dijkum - Compass Point

Anthony Powell - Barclays Capital

Chris Woronka - Deutsche Bank

Dany Asad - Bank of America

Ari Klein - BMO Capital Markets

Jay Kornreich - SMBC

Bill Crow - Raymond James

Stephen Grambling - Goldman Sachs

Neil Malkin - Capital One

Robin Farley - UBS

Patrick Scholes - Truist

Christopher Darling - Green Street

David Katz - Jefferies


Greetings, and welcome to Park Hotels & Resorts' First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Ian Weissman, Senior Vice President, Corporate Strategy. Thank you. You may begin.

Ian Weissman

Thank you, Operator, and welcome everyone to the Park Hotels & Resorts first quarter 2022 earnings call.

Before we begin, I would like to remind everyone that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expressed, and we are not obligated to publicly update or revise these forward-looking statements. Actual performance, outcomes, and results may differ materially from those expressed in forward-looking statements. Please refer to the documents files by Park with SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the

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