Park Hotels & Resorts Inc. Reports Third Quarter 2026 Results
Business Wire•04/11/2026•16:15 ET
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Key Highlights
- ➤Comparable RevPAR reached $201.02, increasing 8.4% year-over-year
- ➤Diluted Adjusted FFO per share rose 11.2% to $0.39
- ➤Adjusted EBITDA increased 4.0% year-over-year to $135 million
- ➤Park repaid the $1.275 billion Hilton Hawaiian Village mortgage loan
- ➤Park raised its outlook, citing preliminary October Comparable RevPAR growth near 11%
Expert Statements
Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of Park Hotels & Resorts Inc.
“I am very pleased with our third quarter results, with Core RevPAR increasing over 8% year-over-year, driven by continued strength in both group and leisure demand segments across our portfolio.”
Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of Park Hotels & Resorts Inc.
“We are excited about the reopening of the Royal Palm in South Beach following a comprehensive renovation that transformed all 393 existing guestrooms, added 11 new guestrooms, expanded and modernized the meeting space, and enhanced all public spaces, including a redesigned lobby, four new food and beverage concepts and an upgraded pool.”
Park Hotels & Resorts Inc. Reports Third Quarter 2026 Results
Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the third quarter ended September 30, 2026 and provided an operational update and an update on its Non-Core hotel disposition initiative.
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