Park Hotels & Resorts owns upper-upscale and luxury hotels, with 21,042 rooms across 33 hotels in the United States. Park also has interests through joint ventures in another 1,712 rooms in two US hotels. Park was spun out of Hilton Worldwide Holdings at the start of 2017, so most of its hotels are still under the Hilton brand. The company has sold all its international hotels and many of its lower-quality US hotels to focus on high-quality assets in domestic gateway markets.
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The chart shows the growth of an initial investment of $10,000 in Park Hotels & Resorts Inc. Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Park Hotels & Resorts Inc. Common Stock (PK) has returned -1.33% so far this year and 16.59% over the past 12 months. Looking at the last ten years, PK has achieved an annualized return of -9.21%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Park Hotels & Resorts Inc. Common Stock (PK) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.70% | 4.43% | -4.27% | -1.79% | ||||||||
| 2025 | -4.66% | -6.62% | -13.66% | -7.10% | 3.60% | -1.35% | 4.82% | 12.86% | -4.65% | -6.20% | 6.92% | -2.24% |
| 2024 | -2.52% | 9.72% | 4.73% | -8.04% | -4.23% | -6.61% | 0.53% | 0.86% | -7.18% | -1.28% | 11.79% | -9.63% |
| 2023 | 23.93% | -6.14% | -11.02% | -1.87% | 2.94% | -1.23% | 5.99% | -4.82% | -5.23% | -6.26% | 28.40% | 3.45% |
| 2022 | -4.66% | 2.84% | 4.10% | -0.35% | -9.25% | -26.89% | 15.23% | -9.44% | -18.23% | 13.84% | -3.97% | -8.60% |
| 2021 | -3.19% | 29.62% | -4.81% | 2.91% | -7.89% | -1.67% | -10.50% | 2.90% | -0.67% | -4.44% | -10.44% | 10.22% |
| 2020 | -15.65% | -17.08% | -56.92% | 31.17% | 11.07% | 1.12% | -17.47% | 15.73% | 7.65% | -2.07% | 63.04% | 2.08% |
| 2019 | 17.42% | 3.58% | -1.86% | 2.66% | -14.30% | -0.11% | -5.20% | -9.77% | 6.94% | -7.52% | 1.24% | 9.48% |
| 2018 | 0.14% | -9.85% | 4.20% | 6.40% | 12.07% | -5.52% | 2.42% | 7.38% | -1.41% | -11.59% | 5.91% | -15.98% |
| 2017 | -0.74% | -5.41% | -0.47% | 0.35% | 0.16% | 5.23% | -0.77% | -1.26% | 3.22% | 4.46% | 1.35% | -1.54% |
The charts below present risk-adjusted performance metrics for Park Hotels & Resorts Inc. Common Stock (PK) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of PK compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Park Hotels & Resorts Inc. Common Stock volatility is 1.77%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.70B | 9.16B | 9.42B | 9.73B | 9.74B | 10.59B | 11.29B | 9.36B | 9.71B |
| Equity Attributable To Parent (USD) | 3.13B | 3.65B | 3.81B | 4.34B | 4.45B | 4.89B | 6.50B | 5.63B | 6.01B |
| Equity Attributable To Noncontrolling Interest (USD) | -55.00M | -51.00M | -46.00M | -48.00M | -49.00M | -50.00M | -45.00M | -46.00M | -49.00M |
| Equity (USD) | 3.08B | 3.59B | 3.77B | 4.29B | 4.40B | 4.84B | 6.45B | 5.59B | 5.96B |
| Long-term Debt (USD) | 3.86B | 3.87B | 3.79B | 4.64B | 4.71B | 5.16B | 3.89B | 2.96B | 2.97B |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 4.62B | 5.57B | 5.65B | 5.44B | 5.34B | 5.74B | 4.84B | 3.78B | 3.75B |
| Liabilities (USD) | 4.62B | 5.57B | 5.65B | 5.44B | 5.34B | 5.74B | 4.84B | 3.78B | 3.75B |
| Intangible Assets (USD) | 41.00M | 41.00M | 42.00M | 43.00M | 44.00M | 45.00M | 46.00M | 27.00M | 41.00M |
| Fixed Assets (USD) | 6.96B | 7.40B | 7.46B | 8.30B | 8.51B | 9.19B | 9.59B | 7.98B | 8.31B |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 7.70B | 9.16B | 9.42B | 9.73B | 9.74B | 10.59B | 11.29B | 9.36B | 9.71B |
| Assets (USD) | 7.70B | 9.16B | 9.42B | 9.73B | 9.74B | 10.59B | 11.29B | 9.36B | 9.71B |
Matthew 25 Management increased its stake in Park Hotels & Resorts (PK) by 373,500 shares for $4.22 million in Q3, despite the stock declining 27% over the past year. The fund is betting on the company's cash flow durability and asset-backed value, viewing it as a cyclical hedge to its growth-heavy portfolio. Park Hotels faces near-term headwinds with declining RevPAR and margin compression, but maintains strong liquidity of $2.1 billion and a 9% dividend yield.
Park Hotels & Resorts Inc. (PK) announced a fourth quarter dividend of $0.65 per share, including a $0.40 top-off dividend based on 2024 operating results. The company also repurchased nearly 6 million shares in 2024, returning $375 million to shareholders.
Park Hotels & Resorts Inc. has reinstated and updated its full-year 2024 earnings guidance after operators and unions finalized long-term labor agreements at four of its hotels, ending a nearly six-week strike.
Park Hotels & Resorts' two Hawaii hotels, the Hilton Hawaiian Village and Hilton Waikoloa Village, sustained no material damage from Hurricane Hone. Both hotels maintained power and continued to welcome guests with all customary services and amenities available.
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TYSONS, Va., June 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) today announced that it plans to report financial results for the second quarter 2024 after the stock market closes on Wednesday, July 31, 2024. Park will hold a conference call on Thursday, August 1, 2024, at 12:00 p.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook.
TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) announced today the expiration of and the final results for the previously announced offer to purchase for cash (the “Tender Offer”) commenced by Park’s subsidiaries, Park Intermediate Holdings LLC, a Delaware limited liability (the “Company”), PK Domestic Property LLC, a Delaware limited liability company, and PK Finance Co-Issuer Inc., a Delaware corporation (collectively, the “Issuers”), for any and all of their outstanding 7.500% Senior Notes due 2025 (the “Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on May 13, 2024 (the “Expiration Time”).