Park Hotels & Resorts (PK) reported strong financial results for Q4 2025, driven by significant non-core asset sales of over $120 million, portfolio restructuring, and a 3.2% increase in Q4 Core Portfolio RevPAR. The company anticipates a cautious yet positive outlook for 2026, with an expected RevPAR growth of flat to 2% and Adjusted EBITDA between $580 million and $610 million, despite potential macroeconomic volatility and union renegotiation in New York. Major renovations at Royal Palm and Hilton Hawaiian Village are underway, positioning the company for long-term growth and enhanced shareholder value.
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Park Hotels PK Q4 2025 Earnings Call Transcript
Park Hotels & Resorts (PK) reported strong financial results for Q4 2025, driven by significant non-core asset sales of over $120 million, portfolio restructuring, and a 3.2% increase in Q4 Core Portfolio RevPAR. The company anticipates a cautious yet positive outlook for 2026, with an expected RevPAR growth of flat to 2% and Adjusted EBITDA between $580 million and $610 million, despite potential macroeconomic volatility and union renegotiation in New York. Major renovations at Royal Palm and Hilton Hawaiian Village are underway, positioning the company for long-term growth and enhanced shareholder value.