Summary: Park Hotels & Resorts is one of the largest hotel REITs, managing properties licensed from names such as Hilton and DoubleTree. To invest in Park Hotels & Resorts, investors can register an account with a reputable online stock trading platform such as eToro.
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About Park Hotels & Resorts
Park Hotels & Resorts (NYSE: PK) is a real estate investment trust (REIT) owning and managing mid-range hotel properties licensed from renowned brands like Hilton and Hyatt Regency. It is in charge of a wide range of hotels in popular tourist destinations like Honolulu, Key West, and California, as well as a number of other locations worldwide, enjoying a reputation as one of the most recognizable names in the tourism and hotel industries.
How to buy Park Hotels & Resorts stock: Step-by-step
Park Hotels & Resorts is traded on the New York Stock Exchange (NYSE) under the ticker PK, so its stock is available to retail investors. Moreover, the company is an S&P 400 and Russell 1000 component, being one of the largest companies traded on the exchange.
To invest in Park Hotels & Resorts, follow these simple steps:
Step 1: Choose a broker
To buy Park Hotels & Resorts stock, you have to find a reputable brokerage that lists the PK stock.
Our go-to platform for REIT investments is eToro, a well-regulated multi-asset platform featuring:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
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Copy top-performing traders in real time, automatically.
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eToro USA is registered with FINRA for securities trading.
To explore other brokerage platforms, consider factors such as:
- Trading costs (commissions, spreads, etc);
- Platform accessibility (intuitive interfaces, mobile apps, etc.);
- Asset availability (ensure the broker lists the stock you wish to invest in);
- Security and regulation (look for a broker regulated by a known financial authority)
- Reputation (read user reviews and check the broker’s position in the industry).
Note
1. Marriott International (NYSE: MAR);
2. Vici Properties (NYSE: VICI);
3. MGM Resorts International (NYSE: MGM);
4. Hilton Grand Vacations Inc. (NYSE: HGV);
5. Apple Hospitality REIT (NYSE: APLE).
Step 2: Register an account and deposit funds
When you choose a brokerage, you can proceed to open and fund your account. In short, you will have to provide personal and banking information and confirm your identity, as well as transfer some funds to your account through your preferred payment method (bank transfer, wire, PayPal, etc.).
Note
Step 3: Place your order
With funds in your account, you can buy Park Hotels & Resorts stock. To do that, simply:
- Log in to your account;
- Search for the Park Hotels & Resorts stock on the broker’s trading platform (either by looking up its ticker symbol or the company’s name);
- Choose the type of order you want to place;
- Specify the number of shares you want to buy or the dollar amount you wish to invest;
- Review your order details;
- Confirm the order.
Note
Step 4: Monitor your investment
REIT investments come with the advantage of a passive investment, meaning you won’t have to actively manage any properties yourself. Nonetheless, monitoring your portfolio’s performance remains crucial for maintaining flexibility in your trading strategy and maximizing the chances of profitability. Naturally, that involves staying informed about current stock prices and performance and the financial health of the company.
For starters, you can keep an eye on:
- Annual reports;
- Dividend updates;
- Industry trends;
- Company newsletter.
Note
1. Office REITs
2. High-dividend REITs;
3. Apartment REITs;
4. Data center REITs.
Park Hotels & Resorts stock price today
How to buy Park Hotels & Resorts stock safely
Like any other investment, REITs necessitate a well-crafted strategy that can handle inherent and frequent market fluctuations. Several errors stand out among the most common mistakes investors make in the realm of REITs:
- Neglecting research: One of the most common and critical mistakes is failing to conduct comprehensive research before investing. Neglecting to analyze the company, its financials, growth prospects, and the competence of its management team can lead to unwise investment decisions;
- Not diversifying: Placing your entire investment capital into a single REIT significantly increases investment risk. Instead, it’s wiser to diversify your portfolio by investing in various assets;
- Ignoring interest: REITs are often sensitive to fluctuations in interest rates, which can impact their profitability and stock prices;
- Expecting quick wealth: Real estate is typically considered a long-term investment. Frequent buying and selling can lead to higher transaction costs and taxes.
Pros and cons of investing in REITs
Pros
- Diversified revenue: Park Hotels & Resorts operates a wide range of establishments licensed from some of the most profitable companies in the industry;
- Dividends: As a REIT, Park Hotels & Resorts is obliged to distribute a significant part of its taxable income as dividends;
- Ease of access: Investing in REITs gives you exposure to real estate without having to manage any property yourself.
Cons
- Economic risk: The hotel REIT market is sensitive to economic fluctuations, interest rate changes, and various geopolitical events that affect tourism;
- Competitive market: In highly competitive REIT markets such as California and Key West, companies can find it hard to secure a client base.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Park Hotels & Resorts stock
Where can I buy Park Hotels & Resorts stock?
You can buy Park Hotels & Resorts stock on regulated online stock trading platforms such as eToro.
Does Park Hotels & Resorts pay dividends?
Yes, Park Hotels & Resorts does pay dividends, as REITs are required by law to distribute 90% of their taxable income to shareholders.
Where is Park Hotels & Resorts stock listed?
The common Park Hotels & Resorts stock is listed on the New York Stock Exchange (NYSE).
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
