Welcome to our dedicated page for Park Hotels & Resorts news (Ticker: PK), a resource for investors and traders seeking the latest updates and insights on Park Hotels & Resorts stock.
Park Hotels & Resorts Inc. reports recurring developments for a publicly traded lodging REIT with premium-branded hotels and resorts in prime city center and resort locations. Company updates commonly cover quarterly and annual results, RevPAR performance, group and corporate demand, Hotel Adjusted EBITDA, and the operating impact of renovations at properties such as Royal Palm South Beach Miami and Hilton Hawaiian Village Waikiki Beach Resort.
Park news also includes non-core hotel disposition activity, capital improvement projects within its core portfolio, dividend tax treatment for common stock distributions, earnings conference calls, corporate responsibility reporting, and governance or leadership updates. Completed asset sales and receivership-related hotel transitions are framed through their effects on the lodging portfolio, balance sheet, and financial statements.
Park Hotels & Resorts (NYSE: PK) reported second quarter 2026 Comparable RevPAR of $216.87, up 5.8% year-over-year, and Core RevPAR of $233.49, up 6.0%, or 7.1% excluding the renovated Royal Palm. Net income was $50 million versus a prior-year loss, with net income attributable to stockholders of $47 million. Adjusted EBITDA rose 8.6% to $198 million, and diluted EPS was $0.24, while diluted Adjusted FFO per share increased to $0.70.
Park exited four Non-Core hotels for approximately $65 million of gross proceeds, representing 13.7x 2025 EBITDA including anticipated capex, and reopened the Royal Palm after a more than $100 million renovation. The company arranged a new $700 million delayed draw mortgage loan, drew $200 million on an existing delayed draw term loan, and reported $2.6 billion of liquidity to address $1.3 billion of debt maturing in the third quarter. Park paid a $0.25 per-share cash dividend for the second quarter and declared a third quarter dividend at the same level.
Park Hotels & Resorts (NYSE: PK) announced the reopening of the Royal Palm South Beach Miami, a Tribute Portfolio Resort, after completing a more than $100 million comprehensive renovation of the oceanfront property.
According to Park, the project is part of its disciplined capital allocation strategy and focus on high-return redevelopment. Management stated it expects this investment to nearly double the hotel’s EBITDA upon stabilization. Since 2018, Park has invested over $430 million in ROI-driven projects across its core portfolio, which it reports have generally generated returns above 15%–20% once stabilized.
The upgraded Royal Palm now offers 404 fully renovated guestrooms and suites, including 11 newly added rooms, redesigned lobby and arrival areas, four new food and beverage concepts, refreshed indoor and outdoor public spaces, enhanced pool and beachfront amenities, and modernized, expanded meeting and event facilities totaling about 20,000 square feet. Park highlights this reopening as another milestone in enhancing the quality and earnings power of its portfolio, alongside prior redevelopments in Orlando, Key West, Santa Barbara, Hawaii and New Orleans.
Park Hotels & Resorts (NYSE: PK) will report second quarter 2026 financial results after market close on Thursday, August 6, 2026. A related earnings conference call is scheduled for Friday, August 7, 2026 at 11:00 a.m. ET, accessible via telephone and webcast.
Park is a large publicly traded lodging REIT with 31 premium-branded hotels and resorts totaling nearly 22,000 rooms in prime city center and resort locations.
Park Hotels & Resorts (NYSE: PK) reported Q1 2026 results: Comparable RevPAR $191.05 (+2.2% YoY; +5.5% ex‑Royal Palm), Core RevPAR $210.52 (+1.5% YoY; +5.4% ex‑Royal Palm), Net income $12M, Adjusted EBITDA $143M, Diluted EPS $0.05, and Diluted Adjusted FFO $0.45. Spent $83M on capex; sold two Non‑Core hotels for ~$31M gross proceeds. Announced $700M delayed draw loan secured by Bonnet Creek complex and declared Q2 dividend $0.25 per share.
Park Hotels & Resorts (NYSE: PK) will report first quarter 2026 financial results after market close on April 30, 2026. The company will host an earnings conference call on May 1, 2026 at 11:00 a.m. ET to discuss results, operations and outlook.
Telephone access and a live webcast will be available; a replay will be archived in the Investor Relations section at www.pkhotelsandresorts.com.
Park Hotels & Resorts (NYSE: PK) reported fourth-quarter 2025 Comparable RevPAR of $182.49 (+0.8% YoY; +2.8% ex‑Royal Palm) and Core RevPAR of $210.15 (+3.2% YoY; +5.7% ex‑Royal Palm).
Q4 net loss was $(204) million (incl. $248M impairments); Adjusted EBITDA was $152 million; FY2025 net loss was $(277) million (incl. $318M impairments) and Adjusted EBITDA was $609 million. Park sold Non‑Core hotels for over $132 million and spent nearly $300 million on capital improvements in 2025.
Park Hotels & Resorts (NYSE:PK) reported the 2025 tax treatment for its cash distributions on common stock totaling $1.00 per share, paid in four quarterly installments of $0.25 on 04/15/2025, 07/15/2025, 10/15/2025 and 01/15/2026.
For 2025 the company classifies the $1.00 per share as $0.759540 (75.9540%) total ordinary dividends and $0.240460 (24.0460%) total capital gain distribution. The 1099-DIV table shows per-quarter amounts: ordinary dividends $0.189885, qualified dividends $0.006291, capital gain distribution $0.060115, and Section 199A dividends $0.183594, summing to the totals above.
Park Hotels & Resorts (NYSE: PK) will report Q4 and full-year 2025 results after market close on Thursday, February 19, 2026 and will host an earnings conference call on Friday, February 20, 2026 at 12:00 PM ET. The call will cover results, the operational environment, and business outlook.
Participants may join by telephone at (877) 451-6152 or (201) 389-0879 (international), or via webcast at www.pkhotelsandresorts.com. A replay of the webcast will be archived in the Investor Relations section.
Park describes its portfolio as 35 premium-branded hotels and resorts with approximately 23,000 rooms in city-center and resort locations.
Park Hotels & Resorts (NYSE: PK) issued its eighth annual Corporate Responsibility Report covering 2024 activities and 2025 achievements. The report highlights environmental data limited assurance for 2024 and the 2019 baseline, a Prime rating from ISS ESG, multiple Newsweek recognitions in 2025, and Park’s first hotel LEED certification for Tapa Tower at Hilton Hawaiian Village in 2025. Park reported a GRESB Real Estate score of 87, a six-point increase over 2024, ranking in the top 17% of publicly listed Americas participants, and maintained a GRESB Public Disclosure score of A. The report aligns with TCFD, SASB, UN SDGs and GRI frameworks and notes participation in GRESB for six consecutive years.
Park Hotels & Resorts (NYSE:PK) updated its non-core hotel disposition activity and recent operating trends on December 9, 2025. Year-to-date the company has sold or signed agreements/LOIs for eight Non-Core hotels for anticipated gross proceeds of approximately $198 million at an average multiple of nearly 43x. Three remaining transactions are expected to close by early 2026; three additional expiring-ground-lease hotels exited by year-end. Estimated 2025 average RevPAR and Adjusted Hotel EBITDA margin for the eight hotels are $124 and 7%, respectively. Park reaffirmed full-year 2025 outlook; preliminary November Comparable RevPAR rose ~2% excluding the Royal Palm South Beach Miami renovation, with notable strength in Hawaii, New York, Denver and Orlando.