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

Park Hotels & Resorts Q3 RevPAR rises 8.4%; Adjusted FFO outlook raised, net income cut

Mixed Impact 4 of 5 earnings

Park Hotels & Resorts reported third quarter 2026 results, with Comparable RevPAR up 8.4% and Adjusted EBITDA up 4.0% from a year earlier, while the company still posted a net loss of $15 million. It raised its full-year 2026 Adjusted FFO per share and RevPAR outlook but lowered its full-year net income outlook, so the results point in different directions for shareholders.

Key points

  • Third quarter net loss was $15 million, or $(0.10) per diluted share, compared with a net loss of $14 million and $(0.08) per share in the third quarter of 2025.
  • Comparable RevPAR rose 8.4% to $201.02 and Adjusted EBITDA rose 4.0% to $135 million.
  • Full-year 2026 Adjusted FFO per share outlook was raised to $2.00 to $2.05 from $1.90 to $2.00, while net income outlook was lowered to $70 million to $80 million from $78 million to $98 million.
  • Park declared a fourth quarter 2026 cash dividend of $0.25 per share, payable January 15, 2027.

The filing

CompanyPark Hotels & Resorts (PK)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:21 PM ET
Accession number0001617406-26-000047

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.