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PK · Park Hotels & Resorts Inc.

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$16.17 -0.08 (-0.49%) At close · Nov 13
Market Cap
$3.27B
Shares
202.08M
Volume · Nov 13 2.45M Avg daily vol (3M) 3.84M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$16.17 Open$16.24 Day$16.05–16.50 52W close$9.84–16.99 Avg vol 30d4.2M Short int27.5M · 13.6% of shares · 5.9d Short vol72% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 5

Up next

Feb 19, 2027 Est · unconfirmed · in 14 wks

Latest documents

2026
Nov 5
Earnings call
RevPAR and adjusted EBITDA guidance raised after 8.4% growth

Park Hotels and Resorts reported third-quarter RevPAR growth of 8.4% and raised full-year RevPAR guidance to 5.5 percent to 6 percent, adjusted EBITDA guidance to $635 million to $645 million, and adjusted FFO guidance to $2 to $2.05 per share.

4 source passages
Greetings and welcome to the Park Hotels and Resorts 3rd Quarter 2026 earnings conference call. Overall, we were very pleased with our third quarter results, which once again exceeded expectations, with REBPAR increasing 8.4% to $201, and hotel-adjusted EBITDA increasing 8% year-over-year, with hotel-adjusted EBITDA margin expanding by 50 basis points to 25.7%. Accordingly, we are raising our full-year REPPAR outlook by 200 basis points at the midpoint to a new range of 5.5 percent to 6 percent, which implies a fourth quarter growth rate between 5.5 percent to 7.5 percent. From an earnings perspective, we are increasing adjusted EBITDA guidance by approximately $13 million at the midpoint to a new range of $635 million to $645 million, while adjusted FFO guidance increases by approximately $0.08 per share at the midpoint to a new range of $2 to $2.05 per share. Open the document at this passage
Nov 5
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Core Hotel Adjusted EBITDA and Adjusted FFO rose

Park Hotels & Resorts Inc. reported Core Hotel Adjusted EBITDA of $455 million versus $435 million and Adjusted FFO attributable to stockholders of $309 million versus $291 million for the nine months ended September 30, 2026.

Revenue $602M ▼ 1.3% Net loss $18M Diluted EPS -$0.10
Read from the MD&A section
9 source passages
Park Hotels & Resorts Inc. For the nine months ended September 30, 2026, we recognized impairment losses of approximately $5 million related to the Hilton Seattle Airport & Conference Center, which was sold in April 2026, approximately $2 million related to the Hilton Short Hills, which was sold in July 2026, and approximately $13 million related to The Wade, which was sold in October 2026, as the respective gross proceeds were less than the net book value of each Non-Core hotel. All values are in US Dollars. Three Months EndedSeptember 30, Nine Months EndedSeptember 30, 2026 2025 Core Hotel Adjusted EBITDA | 132 | 125 | 455 | 435 Adjusted FFO attributable to stockholders | 79 | 70 | 309 | 291 Open the document at this passage
Nov 4
Current report 8-K
Comparable RevPAR rises 8.4% as full-year outlook strengthens

Park Hotels & Resorts Inc. reported third-quarter Comparable RevPAR of $201.02, up 8.4%, Adjusted EBITDA of $135 million and a $(18) million net loss attributable to stockholders. It raised its full-year 2026 outlook for Comparable RevPAR growth and Adjusted EBITDA.

Financial results Read from the first part of this long document
4 source passages
Comparable RevPAR was $201.02, an increase of 8.4% compared to the same period in 2025; Net loss and net loss attributable to stockholders were $(15) million and $(18) million, respectively; Adjusted EBITDA was $135 million, an increase of 4.0% compared to the same period in 2025; Park is increasing its full-year 2026 outlook to reflect strong third quarter results and demand trends expected for the fourth quarter. Open the document at this passage
Sep 30
Current report 8-K
Ended a material agreement

Park Hotels & Resorts Inc. used $700 million from its delayed-draw Bonnet Creek mortgage financing and a $600 million term loan draw to repay in full and terminate its $1.275 billion Hilton Hawaiian Village Waikiki Beach Resort mortgage loan, which was scheduled to mature November 1, 2026.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$2.53B
Trailing 12 months
Net income (TTM)
−$168.00M
Trailing 12 months
Revenue growth YoY
-1.3%
Year over year
Operating margin
1.2%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
3.3%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$3.63B
Latest balance sheet
Dividend yield
6.2%
Trailing 12 months
Shares change YoY
+0.5%
Year over year · more shares
Price change (1Y)
+54.6%
Trailing year
Short interest
13.6%
Latest settlement · 5.9 days to cover
View all 125 metrics

AI Brief

Q3 FY26 earnings call · Nov 5, 2026
Q3 FY26

TL;DR. Park raised full-year Comparable RevPAR, Adjusted EBITDA and Adjusted FFO guidance, supported by nearly 11% preliminary October growth, Royal Palm’s expected contribution, asset recycling and extended debt maturities. GAAP profitability, several property results, costs, storms, interest expense and Safehold litigation remained headwinds.

Bullish
  • + Preliminary October Comparable RevPAR increased nearly 11%, supporting the raised fourth-quarter outlook. new
  • + Royal Palm reopened after a more than $110 million renovation and is expected to add at least 200 basis points to Comparable RevPAR growth and double EBITDA upon stabilization. new
  • + The non-core disposition strategy reduced lower-growth exposure and generated substantial proceeds at strong valuation multiples. new
  • + Refinancing extended Park’s debt maturities while the company retained approximately $1.3 billion of liquidity. new
Bearish
  • − Hotel operating expenses increased 5%, while lower out-of-room group spending limited food-and-beverage growth to 2% and left banquet revenue relatively flat. new
  • − The timing of dispositions for three Safehold hotels cannot be determined because of ongoing litigation. new

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Fair Quant / Vol Low
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +20%
above
Price vs 50-day avg +3%
above
RSI (14) 50
neutral
MACD trend Negative
52-week position 89%
near high
Momentum
relative strength
Very Strong
1-month return +2%
trailing
6-month return +35%
trailing
YTD return +55%
this year
Relative strength +34%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $16 › 200d $13 — 50d above 200d
Institutional flow Accumulating
359 of 401 funds reported for Sep 30 · net +7.0M sh shares · +51 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
13.62% of shares out · ▼ -14.0% MoM · 5.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
401 holders — near 3-yr high, broad support
Squeeze score 73
high risk · 0–100
Fundamentals
Fair
Revenue growth +2%
Y/Y
EPS growth −242%
Y/Y
Free cash flow $102.0M
Buyback $275.0M
remaining
Balance sheet $3.6B
net debt
Quant / Vol
risk profile
Low
Volatility 31%
annualized · 1-yr
Max drawdown −13%
past year
ATR 3.1%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 4 of last 5
Latest guidance · from the Earnings Call filed Aug 7, 2026
CapEx · full-year $230M – $260M
REVPAR · full-year 3% – 4.5%
Adjusted EBITDA · full-year Non-GAAP $617M – $637M
Expense · full-year 3% – 4%
Adjusted FFO per share · full-year Non-GAAP $1.90 – $2.00
Previous outlook earlier release · from the 8-K filed Aug 6, 2026

Still-open targets the latest release did not restate under the same label.

RevPAR · Full-Year 2026 $198 – $201
RevPAR change vs. 2025 · Full-Year 2026 3% – 4.5%
Earnings per share – Diluted · Full-Year 2026 $0.35 – $0.45
Adjusted FFO per share – Diluted · Full-Year 2026 $1.90 – $2.00
Guided vs delivered · last 5 settled
(Loss) earnings per share – Diluted Full-Year 2025
guided $-0.30 – $-0.05
$-1.43 Miss −717.1%
Earnings per share – Diluted Full-Year 2024
guided $0.69 – $0.83
$1.01 Beat +32.9%
(Loss) earnings per share – Diluted Full-Year 2023
guided $-0.55 – $-0.28
$0.44 Beat +206.0%
Total Revenues Full-Year 2023
guided $2,538 – $2,776
$2.7B Beat +101542993.7%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 2 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+20% Bullish
Price vs 50-day avg
+3% Bullish
RSI (14)
50 Neutral
MACD trend
Negative Bearish
52-week position
89% Bullish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $16 › 200d $13 — 50d above 200d
Institutional flow Accumulating
359 of 401 funds reported for Sep 30 · net +7.0M sh shares · +51 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
13.62% of shares out · ▼ -14.0% MoM · 5.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
401 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $10 Now $16 · 89% Range high $17
vs 200-day avg +20% vs 50-day avg +3%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted EBITDA non-GAAP $341M Six months ended June 30, 2026 —
Adjusted FFO attributable to stockholders non-GAAP $230M Six months ended June 30, 2026 —
Adjusted FFO per share – Diluted non-GAAP $1.15 Six months ended June 30, 2026 —
Comparable Hotel Adjusted EBITDA non-GAAP $356M Six months ended June 30, 2026 —
GAAP → non-GAAP reconciliation
GAAP Net (loss) income -156M
+275M Depreciation and amortization expense
-8M Interest income
+207M Interest expense
+26M Interest expense associated with hotels in receivership
+11M Income tax expense (benefit)
+4M Interest expense, income tax and depreciation and amortization included in equity in earnings from investments in affiliates
-18M (Gain) loss on sales of assets, net
-26M Gain on derecognition of assets
+20M Share-based compensation expense
+276M Impairment and casualty loss
+12M Other items
-7M Less: Adjusted EBITDA from hotels disposed of
-4M Less: Adjusted EBITDA from investments in affiliates disposed of
-13M Less: Adjusted EBITDA from investments in affiliates
+55M Add: All other
= Comparable Hotel Adjusted EBITDA 654M
Comparable Hotel Adjusted EBITDA margin non-GAAP 29.1% Six Months Ended June 30, 2026 —
Comparable RevPAR $216.87 Q2 2026 —
Core ADR $288.1 2Q26 —
Core Hotel Adjusted EBITDA non-GAAP $323M Six months ended June 30, 2026 —
Core Hotel Adjusted EBITDA margin non-GAAP 30.2% Six Months Ended June 30, 2026 —
Core Occupancy 81% 2Q26 —
Core RevPAR $233.49 Q2 2026 —
EBITDA non-GAAP $299M Six Months Ended June 30, 2026 —
Grand Total Hotels 21,326 as of August 6, 2026 —
Nareit FFO attributable to stockholders non-GAAP $211M Six Months Ended June 30, 2026 —
Nareit FFO per share – Diluted non-GAAP $1.05 Six Months Ended June 30, 2026 —
Net Debt non-GAAP $3.74B June 30, 2026 —
GAAP → non-GAAP reconciliation
GAAP Debt 3.92B
+17M Add: unamortized deferred financing costs and discount
+105M Add: Park's share of unconsolidated affiliates debt, excluding unamortized deferred financing costs
-264M Less: cash and cash equivalents
-38M Less: restricted cash
= Net Debt 3.74B
RevPAR (Total Comparable Hotels) $216.87 Q2 2026 —
Total Consolidated Core Hotels 15,789 as of August 6, 2026 —
Total Consolidated Non-Core Hotels 4,113 as of August 6, 2026 —
Total Core Hotels 17,213 as of August 6, 2026 —
Total Unconsolidated Core Hotel 1,424 as of August 6, 2026 —
TTM Comparable Adjusted EBITDA non-GAAP $612M June 30, 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Hotel & Motel — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
PK
Park Hotels & Resorts Inc.
this stock
$3.27B +54.6% +2.3% — 13.6%
HST
Host Hotels & Resorts, Inc.
$17.47B +43.8% -0.8% 18.6 5.8%
RHP
Ryman Hospitality Properties, Inc.
$9.32B +42.8% +3.1% 32.6 3.8%
APLE
Apple Hospitality REIT, Inc.
$4.59B +64.2% +19.0% 24.6 5.6%
DRH
DiamondRock Hospitality Co
$2.95B +60.7% -0.8% 18.2 5.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
420
% held
110.6%
Reported
359 of 401
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
314
View
Short & Settlement
Short Interest Falling
Shares short
27.5M
Days to cover
5.9d
Change
-4.5M sh
View
Short Volume
Short vol %
72%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
25.5K
Value
$397.5K
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
40.3%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Lisa McClain
Amount
$1.0K–$15.0K
Traded
Jun 17, 2025
View
Financials
Financials
Revenue (FY)
$2.5B
Net income (FY)
$-283.0M
EPS diluted
$-1.43
View
Buybacks
Authorized
$300.0M
Remaining
$275.0M
Spent Remaining
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 5, 2026
This year
15

Park Hotels & Resorts Inc. reported Core Hotel Adjusted EBITDA of $455 million versus $435 million and Adjusted FFO attributable to stockholders of $309 million versus $291 million for the nine months ended September 30, 2026.

View
Proposed Sales
Value
$19.9K
Shares
1.3K
Filed
May 9, 2024
View
Earnings & Events
Webcasts
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Park Hotels & Resorts Inc. Report…
Published
Nov 4, 2026
View

Performance

5D 20D 120D MTD YTD
PK +2.7% +1.6% +34.8% -2.6% +54.6%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +0.1% +2.8% +34.3% -2.4% +44.0%

Capital returns

Latest dividend
$0.25 / share · ex Sep 30, 2026
Declared · upcoming
$0.25 / share · ex Dec 31, 2026
Cut 61.5%
Paid (TTM)
$1.00 / share · 4 payouts
Dividend yield (TTM, derived)
6.18%
Full dividend history
Buyback program · as of Mar 31, 2026
Authorized
$300.00M
Spent (derived)
$25.00M
Remaining
$275.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1617406 CUSIP 700517105 13F (30d) 317 filings 293 filers Visit website Investor relations