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Park Hotels & Resorts Inc. Reports First Quarter 2025 Results

1. PK's Q1 2025 RevPAR decreased by 0.7% from Q1 2024. 2. Occupancy rates dropped to 69.2%, down 2.1% from last year.

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-1.3%S&P 500
$10.2605/05 06:42 AM EDTEvent Start
$9.97505/06 01:25 PM EDTLatest Updated
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FAQ

Why Bearish?

The declines in RevPAR and occupancy indicate weakening operational performance, reminiscent of earlier downturns during industry recessions that negatively affected stock prices. Historical instances, such as similar downturns during 2020, often led to significant stock price declines for hotel operators.

How important is it?

The financial results directly relate to PK's operational performance, significantly affecting investor perception and stock price. Continuous declines in key metrics could suggest long-term issues if not addressed effectively.

Why Short Term?

The immediate impact of decreased RevPAR and occupancy will likely be felt in quarterly earnings, influencing investor sentiment in the upcoming quarters. This is consistent with past trends where quarterly results directly impacted stock performance.

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HLTMARSHOAHL
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2025 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data)   Three Months Ended March 31,     2025       2024     Change(1) Comparable RevPAR $ 177.67     $ 178.94     (0.7 )% Comparable Occupancy   69.2 %     71.3 %   (2.1).

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