AI brief of an SEC Form 8-K · Park Hotels & Resorts (PK)

Park Hotels & Resorts swings to Q1 loss of $57 million and cuts 2025 outlook

Negative Impact 4 of 5 guidance Written later

Park Hotels & Resorts reported a first-quarter 2025 net loss of $57 million, or $0.29 per diluted share, compared with net income attributable to stockholders of $28 million, or $0.13 per diluted share, a year earlier. The company also lowered its full-year 2025 outlook, with projected net income now ranging from a $8 million loss to $52 million, down from $87 million to $147 million in its February outlook.

Key points

  • Q1 2025 net loss of $57 million, or $0.29 per diluted share, versus net income attributable to stockholders of $28 million, or $0.13, in Q1 2024.
  • Total revenues were $630 million, down from $639 million, and Comparable RevPAR fell 0.7% to $177.67.
  • Impairment and casualty loss was $70 million in Q1 2025, compared with $6 million in Q1 2024.
  • Full-year 2025 Adjusted FFO per share outlook lowered to $1.79 to $2.09 from $1.90 to $2.20; quarterly dividend of $0.25 per share declared for the second quarter.

The filing

CompanyPark Hotels & Resorts (PK)
Form8-K, current report
Filed with the SECMay 5, 2025, 6:33 AM ET
Accession number0001617406-25-000034

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.