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30.04.26 - 22:21
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Park Hotels & Resorts Inc. Reports First Quarter 2026 Results (Business Wire)
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TYSONS, Va.--(BUSINESS WIRE)--$PK--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2026 and provided an operational update and an update on its Non-Core hotel disposition initiative.
First Quarter Highlights Include:
Comparable RevPAR was $191.05, an increase of 2.2% compared to the same period in 2025, or a 5.5% increase when excluding the Royal Palm South Beach Miami, a Tribute Portfolio Resort (“Royal Palm”), which suspended operations in mid-May 2025 for a comprehensive renovation;
Core RevPAR was $210.52, an increase of 1.5% compared to the same period in 2025, or a 5.4% increase when excluding the Royal Palm;
Net income and net income attributable to stockholders were $12 million and $11 million, respectively;
Adjusted EBITDA was $143 million;
Diluted earnings per share was $0.05; and
Diluted Adjusted FFO per share was $0.45.
Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer, stated, “I am very p...
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13.03.26 - 21:21
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Park Hotels & Resorts Inc. Announces First Quarter 2026 Earnings Conference Call on May 1, 2026 (Business Wire)
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TYSONS, Va.--(BUSINESS WIRE)--$PK--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2026 after the stock market closes on Thursday, April 30, 2026. Park will hold a conference call on Friday, May 1, 2026, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook.
The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps:
Telephone:
Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & Resorts' First Quarter 2026 Earnings Conference Call. It is recommended that participants dial 10 minutes ahead of the scheduled start time.
Webcast:
Please log on to www.pkhotelsandresorts.com 10 minutes prior to the call to register. A replay of the webcast will also be archived on the Investor Relations section of Park's website.
About Pa...
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19.02.26 - 22:21
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Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2025 Results and Announces Appointment of Sean M. Dell′Orto as Chief Operating Officer (Business Wire)
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TYSONS, Va.--(BUSINESS WIRE)--$PK--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full-year ended December 31, 2025 and provided an operational update and an update on its Non-Core hotel disposition initiative.
Fourth Quarter Highlights Include:
Comparable RevPAR was $182.49, an increase of 0.8% compared to the same period in 2024, or a 2.8% increase when excluding the Royal Palm South Beach Miami, a Tribute Portfolio Resort (“Royal Palm”), which suspended operations in mid-May 2025 for a comprehensive renovation;
Core RevPAR was $210.15, an increase of 3.2% compared to the same period in 2024, or a 5.7% increase when excluding the Royal Palm;
Net loss and net loss attributable to stockholders were $(204) million and $(205) million, respectively, which included $248 million of impairment expense recognized during the fourth quarter of 2025 primarily related to Park's Non-Core hotels;
Adjusted EBITDA was $152 million;
Diluted ...
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