Park Hotels & Resorts

Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Park Hotels & Resorts excels in 2022, eyes growth in RevPAR and operational efficiency

Park Hotels & Resorts' 2022 performance demonstrated resilience and strategic focus, with a strong balance sheet and guidance for growth in 2023. While challenges exist in certain markets, opportunities for improvement through asset management and operational enhancements are on the horizon.

Park Hotels & Resorts excels in Q1, eyes group demand growth

Park Hotels & Resorts reported a successful Q1 with strong financial metrics and optimistic outlook for the future. The company is increasing full-year guidance, focusing on group demand, expense management, and capital recycling through asset sales. Despite challenges like capital investments and tax implications, Park Hotels & Resorts remains confident in its recovery and growth strategies.

Park Hotels & Resorts Reports Solid Q2 Performance Amid San Francisco Challenges

Despite challenges in San Francisco and moderated EBITDA expectations, the overall performance was solid, especially in Hawaii. The company is focused on optimizing its portfolio and improving liquidity through asset sales.

Park Hotels & Resorts excels in Q3, eyes strategic growth

Park Hotels & Resorts delivered a solid Q3 performance with improved RevPAR and balance sheet metrics.
The company is focused on cost savings, strategic projects, and reshaping the portfolio for enhanced shareholder value.
Opportunities lie in acquisitions, market growth, and strong demand in key markets like Hawaii and New York.
Challenges include managing exposure in specific markets and reducing leverage to target levels for financial stability.

Park Hotels & Resorts excels in Q4, eyes robust 2024 growth

Park Hotels & Resorts had a strong Q4 2023, with positive outlook for 2024. The company's balance sheet is healthy, and it aims for continued growth through strategic investments and returning capital to shareholders.

Park Hotels & Resorts excels in Q1, eyes strategic growth

Park Hotels & Resorts reported a robust Q1 performance with revenue growth driven by strong group demand and strategic investments.
The company's focus on cost management, portfolio optimization, and revenue diversification positions it well for sustained growth and value creation.
Challenges include managing renovation impacts, labor costs, and asset sales alignment, while opportunities lie in leveraging market trends and portfolio reshaping.
Overall, Park Hotels & Resorts remains optimistic about sustained growth, supported by positive outlook, increased guidance, and ongoing operational enhancements.

Park Hotels & Resorts reports strong Q2 performance and eyes growth opportunities

Park Hotels & Resorts had a productive quarter, focusing on balance sheet improvements, capital allocation, and strong performance in key markets. Despite challenges like renovation disruptions and weaker inbound travel, the company maintains a positive outlook with strategic growth plans and asset management strategies.

Park Hotels & Resorts reports solid Q3 performance and growth opportunities

Park Hotels & Resorts demonstrated resilience amidst disruptions, focusing on growth opportunities and strategic asset management.
Challenges from natural disasters and labor strikes were mitigated by strong performance in key markets and proactive portfolio reshaping.
With a solid foundation and growth initiatives in place, Park Hotels & Resorts is poised for continued success and value creation.

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Park Hotels & Resorts has seen a sequential improvement in its latest Q3 operating performance. I see continued improvement in Q4, but the road to profitability will be challenging.

Park Hotels & Resorts: Don't Check-In Just Yet

Park Hotels & Resorts Inc. (PK) CEO Tom Baltimore on Q3 2020 Results - Earnings Call Transcript

Park Hotels & Resorts (PK) delivered FFO and revenue surprises of -18.87% and -25.32%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Park Hotels & Resorts (PK) Reports Q3 Loss, Lags Revenue Estimates

TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts reports Third Quarter 2020 results.

Park Hotels & Resorts Inc. Reports Third Quarter 2020 Results

The Covid-19 pandemic has wreaked havoc on the hotel industry. Thom Geshay, president of Davidson Hotels & Resorts, shares predictions of what it will take, and when, for a full recovery.

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TYSONS, Va.--(BUSINESS WIRE)---- $PK #pk--Park Hotels & Resorts announces appointment of Nancy M. Vu as Senior Vice President, General Counsel and Secretary.

Park Hotels & Resorts Inc. Announces Appointment of Nancy M. Vu as Senior Vice President, General Counsel and Secretary

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TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts announces third quarter earnings conference call on November 6, 2020.

Park Hotels & Resorts Announces Third Quarter 2020 Earnings Conference Call on November 6, 2020

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TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc.

Park Hotels & Resorts Inc. Announces Closing of $725 Million of 5.875% Senior Secured Notes Due 2028

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Park Hotels & Resorts Inc. Provides Business Update

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Park Hotels & Resorts Dives Deep Into the Red in Q2

Park Hotels & Resorts, Inc. (PK) CEO Thomas Baltimore on Q2 2020 Results - Earnings Call Transcript

Park Hotels & Resorts Inc. Reports Second Quarter 2020 Results and Provides Operational Update

Few companies will bear the brunt of the Covid-19 pandemic like Park Hotels & Resorts. With nearly half the portfolio closing at the peak of pandemic, full year revenue is likely to suffer massively.

Park Hotels & Resorts – Time To Check In?

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News for Park Hotels & Resorts Stock (PK)