Every 10-Q that Park Hotels & Resorts (PK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PK filings page.
Park Hotels & Resorts Inc. generated solid profitability in the quarter ended June 30, 2026. Total revenues were $680 million versus $672 million a year earlier, while net income was $50 million and net income attributable to stockholders was $47 million, or $0.24 per diluted share, compared with a loss of $(0.02) per share in 2025.
For the first six months of 2026, revenues were $1.30 billion, with net income of $62 million versus a $(59) million loss a year earlier. Hotel Adjusted EBITDA rose to $208 million in Q2 and $359 million year‑to‑date, driven mainly by Core hotels in markets such as Hawaii, Orlando, New York and Santa Barbara, partially offset by weakness in Miami and New Orleans and the renovation-related closure of the Royal Palm.
The portfolio repositioning continued: two Non‑Core hotels were sold for approximately $31 million, a joint‑venture interest was sold for $29 million, and additional Non‑Core assets were impaired by $27 million. Liquidity remained strong with $264 million in cash, $1 billion of revolver capacity, undrawn commitments under an $800 million delayed‑draw term loan and a $700 million Bonnet Creek Mortgage Loan, supporting plans to refinance the $1.275 billion HHV Mortgage Loan maturing in late 2026. Quarterly dividends of $0.25 per share were declared for each of the first three quarters of 2026.
Park Hotels & Resorts Inc. reported a solid turnaround for the quarter ended March 31, 2026. Total revenues were $622 million, slightly below $630 million a year earlier, but the company moved from a net loss of $57 million to net income of $12 million, driven largely by a drop in impairment charges from $70 million to $5 million.
Net income attributable to stockholders was $11 million, or $0.05 per diluted share, compared with a loss of $(0.29) per share in 2025. Hotel Adjusted EBITDA was stable at $151 million, while Core Hotel Adjusted EBITDA dipped slightly to $141 million. Nareit FFO attributable to stockholders was $79 million and Adjusted FFO was $90 million, or $0.45 per diluted share.
Operating cash flow was $59 million versus $86 million a year ago, reflecting lower cash earnings and working capital movements. Park invested $83 million in capital expenditures, including major renovations at key properties, and ended the quarter with $156 million of cash and $34 million of restricted cash. Debt stood at about $3.8 billion, including the $1.275 billion HHV Mortgage Loan and over $2 billion of senior notes.
The company highlighted significant liquidity, with nearly $1 billion available under its revolver, an undrawn $800 million 2025 Delayed Draw Term Loan, and a new $650–$700 million Bonnet Creek Mortgage Loan facility maturing in 2029. Management plans to use these delayed draw loans and proceeds from planned Non-Core hotel sales to refinance roughly $1.4 billion of mortgage debt maturing in the second half of 2026 and notes that no major maturities follow until late 2028. The REIT continues to focus on its higher-end Core portfolio, is progressing on divesting 12 remaining Non-Core hotels, and paid a quarterly dividend of $0.25 per share, with another $0.25 dividend declared for the second quarter.
Park Hotels & Resorts (PK) reported Q3 2025 results. Total revenues were $610 million, down from $649 million a year ago, and net loss attributable to stockholders was $16 million (basic and diluted loss per share $0.08). Hotel Adjusted EBITDA was $141 million versus $168 million last year.
Results reflected softer Hawaii and Miami performance and higher depreciation tied to renovations, including approximately $56 million related to the full-scale renovation at the Royal Palm South Beach Miami. Year‑to‑date, the company recorded a $70 million impairment tied to the Hyatt Centric Fisherman’s Wharf, which was sold in May 2025 for gross proceeds of $80 million. Gains on derecognition of assets were $16 million in the quarter from the San Francisco CMBS default mechanism.
Liquidity remained solid with cash and cash equivalents of $278 million. In September 2025, Park amended its credit facilities, lifting Revolver capacity to $1 billion, adding a new $800 million senior unsecured delayed draw term loan, and extending the Revolver maturity to September 17, 2029. Contractual debt maturities include $1,550 million in 2026. The receiver for the Hilton San Francisco Hotels has court approval to sell those assets, with closing expected by November 21, 2025.