Park Hotels & Resorts Stock Price, News & Analysis

Park Hotels & Resorts (NYSE:PK) has successfully amended and expanded its credit facilities to $2 billion in total capacity. The restructuring includes increasing the senior secured revolving credit facility from $950 million to $1 billion with extension to September 2029, and adding a new $800 million senior unsecured delayed draw term loan facility maturing in January 2030.

The agreement also maintains a $200 million senior unsecured term loan from May 2024. Park plans to use the 2025 Term Facility to repay two significant debts in 2026: a $123 million secured mortgage loan for Hyatt Regency Boston and a $1.275 billion secured mortgage loan for Hilton Hawaiian Village Waikiki Beach Resort.

Park Hotels & Resorts (NYSE:PK), one of the largest publicly traded lodging REITs, has scheduled its Q3 2025 earnings conference call for October 31, 2025, at 11:00 a.m. ET. The company will release its financial results after market close on October 30, 2025.

The conference call will be accessible via telephone at (877) 451-6152 (domestic) or (201) 389-0879 (international). A webcast will be available on www.pkhotelsandresorts.com. Park currently manages a portfolio of 39 premium-branded hotels and resorts with approximately 25,000 rooms in prime city center and resort locations.

Park Hotels & Resorts (NYSE:PK) reported Q2 2025 results with Comparable RevPAR of $195.68, down 1.6% year-over-year (only 0.6% decrease excluding Royal Palm South Beach Miami). The company posted a net loss of $2 million and Adjusted EBITDA of $183 million. Key developments include the sale of Hyatt Centric Fisherman's Wharf for $80 million (64.0x 2024 EBITDA) and plans to permanently close Embassy Suites Kansas City Plaza.

Urban portfolio performance improved with a 3% increase in Comparable RevPAR, driven by business travel recovery in key markets. Notable performers included the JW Marriott San Francisco (+17% RevPAR) and Waldorf Astoria Orlando (+24% RevPAR). The company maintains strong liquidity of $1.3 billion, including $950 million available under its revolving credit facility.

Park initiated a $103 million renovation at Royal Palm South Beach Miami, expected to generate 15-20% ROI, with reopening planned for May 2026.

Park Hotels & Resorts (NYSE: PK), a leading publicly-traded lodging REIT, has scheduled its second quarter 2025 earnings conference call for August 1, 2025, at 11:00 a.m. ET. The company will release its financial results after market close on July 31, 2025. Investors can access the call via telephone at (877) 451-6152 (domestic) or (201) 389-0879 (international), or through a webcast on the company's website. Park Hotels & Resorts manages a premium portfolio of 39 hotels and resorts, comprising approximately 25,000 rooms in prime locations. The company's diverse collection of iconic and market-leading properties represents significant underlying real estate value in city centers and resort destinations.

Park Hotels & Resorts (NYSE: PK) has announced the sale of the 316-room Hyatt Centric Fisherman's Wharf in San Francisco for $80 million, or $253,000 per key. The sale price represents 64.0x the hotel's 2024 EBITDA. The transaction is part of Park's strategic initiative to dispose of $300-400 million in non-core hotel assets in 2025. The proceeds will be used for ongoing return on investment projects and general corporate purposes. Since 2017, Park has sold 46 hotels for over $3 billion, demonstrating its commitment to portfolio optimization. The company continues to focus on capital allocation to maximize shareholder returns and enhance its liquidity position.

Park Hotels & Resorts (NYSE: PK) reported mixed Q1 2025 results with Comparable RevPAR slightly declining by 0.7% to $177.67. The company posted a net loss of $57 million, compared to net income of $29 million in Q1 2024. Key metrics showed: - ADR increased 2.3% to $256.62 - Occupancy decreased 2.1 percentage points to 69.2% - Adjusted EBITDA declined 11.1% to $144 million The company maintained strong liquidity of $1.2 billion and returned $95 million to shareholders through dividends and share repurchases. Park is executing strategic priorities including: - Planning $300-$400 million in non-core asset disposals - Investing $100 million in Royal Palm South Beach Miami renovation - Spending nearly $80 million on capital improvements - Maintaining quarterly dividend of $0.25 per share

Park Hotels & Resorts (NYSE: PK) has scheduled its first quarter 2025 earnings conference call for May 5, 2025. The company will release its financial results before the stock market opens, followed by a conference call at 10:00 a.m. ET to discuss earnings results, operational environment, and business outlook.

Participants can join via telephone by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international). A webcast will be available on www.pkhotelsandresorts.com, with replay access through the Investor Relations section.

Park is one of the largest publicly traded lodging REITs, managing a portfolio of 40 premium-branded hotels and resorts with approximately 25,000 rooms in prime city center and resort locations.

Park Hotels & Resorts (NYSE: PK) reported strong Q4 and full-year 2024 performance, with Comparable RevPAR growth of 4.2% for the full year when adjusting for strike impact. The company experienced exceptional results at Bonnet Creek and Key West properties, highlighting successful renovation outcomes.

Key developments include: disposal of three non-core assets in 2024, including two joint venture hotels for $200 million; return of over $400 million to shareholders, including 8.0 million shares repurchased at $14.44 per share average; and declaration of $1.40 total dividends in 2024.

The company announced a $100 million transformative renovation at Royal Palm South Beach Miami, scheduled to begin late spring 2025. Despite expected renovation disruption of 110 basis points to 2025 Comparable RevPAR, the company projects 2025 Comparable RevPAR growth between 0.0% and 3.0%. Group Revenue Pace for 2025 is up nearly 6% year-over-year.

Park Hotels & Resorts (NYSE:PK) has announced the tax treatment details for its 2024 cash distributions on Common Stock. The company distributed a total of $1.40 per share throughout the year, paid in four installments: $0.25 each on April 15, July 15, and October 15, 2024, plus $0.65 on January 15, 2025.

For tax purposes, the distributions are classified as: 91.8379% ($1.285731) ordinary dividends and 8.1621% ($0.114269) capital gain distribution. Of the ordinary dividends, $0.292918 are qualified dividends, and $0.992813 are Section 199A dividends.

Park is one of the largest publicly traded lodging REITs, managing a portfolio of 40 premium-branded hotels and resorts with approximately 25,000 rooms, primarily in prime city center and resort locations.