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Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2024 Results and Announces Transformative Renovation at the Royal Palm South Beach Miami

1. Park Hotels & Resorts reported Q4 2024 results showing year-over-year growth. 2. RevPAR increased significantly, indicating strong demand in the hospitality sector.

Earnings
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-0.39%S&P 500
$13.0902/19 04:47 PM EDTEvent Start
$13.0302/20 11:32 PM EDTLatest Updated
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FAQ

Why Bullish?

The RevPAR increase suggests strong operational performance, reminiscent of 2021's recovery.

How important is it?

Earnings results significantly influence stock price; strong performance forecasts future profitability.

Why Short Term?

Positive quarterly results generally drive immediate investor interest, reflecting short-term gains.

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MARHLTWYN
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full-year ended December 31, 2024 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 December 31,   Year Ended December 31,     2024       2023     Change(1)     2024       2023     Change(1) Comparable RevPAR(2.

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