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Apeejay Surrendra Park Hotels Gets Yes Securities 'Buy' Initiation, Sees 42% Upside

Park Hotels is well placed to play the long-term industry upcycle through its existing and upcoming assets, adds Yes Securities

<div class="paragraphs"><p>Apeejay Surrendra Park Hotels' stock currently trades at one-year fwd EV/Ebitda of ~12x. (Photo Source: Company website)</p></div>
Apeejay Surrendra Park Hotels' stock currently trades at one-year fwd EV/Ebitda of ~12x. (Photo Source: Company website)
Park Hotels has a well-diversified portfolio through dedicated brands across segments. Brands include The Park, The Park Collection, Zone by the Park, Zone Connect and Stop by Zone, which caters to respective set of target guests. Further, company is geographically welldiversified with presence across key Tier-1/metro markets as well as top leisure destinations.
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