Park Hotels & Resorts Q1 Earnings Call Highlights [Yahoo! Finance]
Park Hotels & Resorts Inc. (PK)
Last park hotels & resorts inc. earnings: 2/26 04:15 pm
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pkhotelsandresorts.com
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Source: Yahoo! Finance
excluding the Royal Palm and resort RevPAR up , and management raised full-year RevPAR and profitability guidance (adjusted EBITDA to $587–$617M and AFFO to $1.74–$1.90 per share). Major renovation projects are central to the recovery: the Royal Palm South Beach is on track to reopen in early June with expected returns of 15–20% and EBITDA to more than double to ~ $28M at stabilization, while 2026 capital spending is guided to $230–$260M including a ~ $96M Ali'i Tower renovation in Hawaii (Royal Palm will modestly drag Q2 by nearly $3M Park is recycling capital and shoring up the balance sheet with ~ $2 billion liquidity at quarter-end and $31M of YTD non-core sales, plus planned financings (a ~ $700M delayed-draw mortgage and an $800M term loan) to address maturities that will increase annualized interest expense by about $28M ; the company reiterated its quarterly dividend of per share. Interested in Park Hotels & Resorts Inc.? Here are five stocks we like better. 3 Dividend
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News
- Park Hotels & Resorts Inc. Announces Second Quarter 2026 Earnings Conference Call on August 7, 2026 [Yahoo! Finance]Yahoo! Finance
- Park Hotels & Resorts Inc. Announces Second Quarter 2026 Earnings Conference Call on August 7, 2026Business Wire
- Park Hotels & Resorts (PK) had its price target raised by Wells Fargo & Company from $10.00 to $12.00. They now have an "equal weight" rating on the stock.MarketBeat
- Park Hotels & Resorts (PK) was given a new $12.00 price target by Barclays PLC.MarketBeat
- Park Hotels & Resorts (PK) had its price target raised by Truist Financial Corporation from $12.00 to $13.00. They now have a "hold" rating on the stock.MarketBeat
PK
Earnings
- 4/30/26 - Beat
PK
Sec Filings
- 5/14/26 - Form SCHEDULE
- 5/12/26 - Form SCHEDULE
- 5/8/26 - Form SCHEDULE
- PK's page on the SEC website