Park Hotels & Resorts Inc. (PK) Q3 2022 Earnings Call Transcript

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Park Hotels & Resorts Inc. (NYSE:PK) Q3 2022 Earnings Conference Call November 3, 2022 11:00 PM ET

Company Participants

Ian Weissman - Senior Vice President of Corporate Strategy

Tom Baltimore - Chairman & Chief Executive Officer

Sean Dell'Orto - Chief Financial Officer

Conference Call Participants

Smedes Rose - Citi

Dany Asad - Bank of America

Dori Kesten - Wells Fargo

Anthony Powell - Barclays

Duane Pfennigwerth - Evercore ISI

Chris Woronka - Deutsche Bank

Neil Malkin - Capital One Securities

Robin Farley - UBS

Patrick Scholes - Truist

Bill Crow - Raymond James

Jay Kornreich - SMBC

Chris Darling - Green Street


Ladies and gentlemen, greetings and welcome to the Park Hotels & Resorts Inc. Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief 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 VP, Corporate Strategy. Please go ahead, sir.

Ian Weissman

Thank you, operator, and welcome everyone to the Park Hotels & Resorts third 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 future performance, outcomes and results may differ materially from those expressed in forward-looking statements.

Note also that all comparisons to prior year periods are on a pro forma basis. Please refer to the documents filed by Park with the SEC, specifically the most recent reports on Form 10-K

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