Investor Presentaiton
Pillars of our Corporate Strategy
4|
Aggressive Asset Management
Continually improve property level operating performance
Consistently implement revenue management initiatives to optimize market pricing /
segment mix
Prudent Capital Allocation
Allocate capital effectively by leveraging scale, liquidity and M&A expertise to create
value throughout all phases of the lodging cycle
Employ an active capital recycling program-expanding our presence in target markets
with a focus on brand and operator diversification, while reducing exposure to slower
growth assets/markets
Target value enhancement projects with strong unlevered ROI yields
Strong and Flexible Balance Sheet
Preserve a strong and flexible balance sheet, with a targeted leverage ratio of 3x to 5x
Maintain strong liquidity across lodging cycle and access to multiple types of financing
Aspire to achieve investment grade rating
PARK HOTELS & RESORTSView entire presentation