Park Hotels & Resorts (PK) AI Stock Analysis

• Market Cap: $2.16B
• Dividend Yield: 12.95%
• Average Volume (3M): 3.51M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: -3.57%
• EPS Growth: -104.55%
• Country: US
• Employees: 91
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Hotel & Motel
• EPS (TTM): -0.08
• Shares Outstanding: 199,898,280
• 10 Day Avg. Volume: 4,338,360
• 30 Day Avg. Volume: 3,514,020
• PEG Ratio: 0.10
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 14.42
• Enterprise Value/Market Cap: 3.06
• Enterprise Value/Revenue: 2.61
• Enterprise Value/Gross Profit: 9.40
• Enterprise Value/Ebitda: 11.33
• 1Y Price Target: $11.69
• Price Target Upside: 8.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9
• EPS Forecast (FY): -0.33
• Revenue Forecast (FY): $2.54B

• Rating: 56 Neutral
• Price Target: $10.50 ▼(-2.87% Downside)

Park Hotels & Resorts faces significant challenges with its financial performance and technical indicators, which weigh heavily on its overall score. The negative P/E ratio and short-term earnings call concerns further impact the score. However, the high dividend yield and positive corporate events provide some support, suggesting potential for long-term improvement.

Positive Factors

Portfolio Transformation

The strategic sale of non-core assets allows Park Hotels to focus on high-performing properties, potentially improving profitability and market position.

Enhanced Liquidity

Increased liquidity from the extended credit facility provides financial flexibility, supporting strategic investments and debt management.

Strategic Reinvestments

High ROI reinvestments in core assets can drive long-term growth and improve operational efficiency, enhancing competitive advantage.

Negative Factors

Declining Revenue Growth

Negative revenue growth indicates challenges in maintaining market share and could impact long-term financial stability and investor confidence.

Negative Profit Margins

Sustained negative profit margins reflect operational inefficiencies and could hinder the company's ability to generate sustainable profits.

Cash Flow Challenges

Negative free cash flow growth limits the company's ability to fund operations and investments, posing risks to long-term financial health.

Park Hotels & Resorts Business Overview & Revenue Model

Company Description

Park Hotels & Resorts (PK) is a leading real estate investment trust (REIT) focused on the ownership, operation, and acquisition of premium hotels and resorts. The company primarily operates in the hospitality sector, managing a diverse portfolio of properties that cater to both business and leisure travelers. With a range of high-quality brands under its umbrella, Park Hotels & Resorts offers services that include lodging, dining, and event spaces, making it a key player in the hospitality industry.

How the Company Makes Money

Park Hotels & Resorts generates revenue primarily through the operation of its hotel properties, which includes room rentals, food and beverage sales, and event hosting services. The company's revenue model is heavily reliant on the occupancy rates of its hotels, as well as the average daily rate (ADR) charged to guests. Key revenue streams include direct bookings from guests, group and corporate event bookings, and partnerships with travel agencies and online travel platforms that facilitate reservations. Additionally, the company benefits from brand affiliations with major hotel chains, which can enhance visibility and attract a wider customer base. Seasonal travel trends and economic conditions also play a significant role in influencing the company's earnings.

Park Hotels & Resorts Financial Statement Overview

Summary

Park Hotels & Resorts is experiencing mixed financial performance. While there are signs of recovery in cash flow, the company faces challenges with declining revenue and profitability margins. The increasing debt levels pose a risk to financial stability, and the company needs to focus on improving operational efficiency and revenue growth to enhance its financial health.

Income Statement

Park Hotels & Resorts has faced challenges with declining revenue growth, as evidenced by a negative revenue growth rate in the TTM period. The gross profit margin has decreased from previous years, indicating pressure on profitability. However, the company has managed to maintain a positive net profit margin, albeit lower than in previous years, suggesting some level of cost control. The EBIT and EBITDA margins have also declined, reflecting operational challenges.

Balance Sheet

The balance sheet shows a relatively high debt-to-equity ratio, which has increased over the years, indicating higher financial leverage and potential risk. The return on equity has decreased significantly in the TTM period, reflecting lower profitability. The equity ratio remains stable, suggesting a balanced asset structure, but the increasing debt levels pose a risk to financial stability.

Cash Flow

The cash flow statement indicates a strong recovery in free cash flow growth in the TTM period, which is a positive sign. The operating cash flow to net income ratio is healthy, suggesting efficient cash generation relative to net income. However, the free cash flow to net income ratio has decreased compared to previous years, indicating potential challenges in sustaining cash flow levels.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.54B	2.60B	2.70B	2.50B	1.36B	852.00M
Gross Profit	704.00M	745.00M	746.00M	693.00M	227.00M	-161.00M
EBITDA	584.00M	696.00M	683.00M	689.00M	89.00M	-939.00M
Net Income	-12.00M	212.00M	97.00M	162.00M	-459.00M	-1.44B
Balance Sheet
Total Assets	8.83B	9.16B	9.42B	9.73B	9.74B	10.59B
Cash, Cash Equivalents and Short-Term Investments	278.00M	402.00M	717.00M	906.00M	688.00M	951.00M
Total Debt	215.00M	4.79B	4.71B	4.85B	4.98B	5.37B
Total Liabilities	5.50B	5.57B	5.65B	5.44B	5.34B	5.74B
Stockholders Equity	3.38B	3.65B	3.81B	4.34B	4.45B	4.89B
Cash Flow
Free Cash Flow	122.00M	202.00M	218.00M	241.00M	-191.00M	-524.00M
Operating Cash Flow	373.00M	429.00M	503.00M	409.00M	-137.00M	-438.00M
Investing Cash Flow	-145.00M	-166.00M	-217.00M	87.00M	394.00M	119.00M
Financing Cash Flow	-437.00M	-573.00M	-475.00M	-320.00M	-475.00M	914.00M

Park Hotels & Resorts Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.81
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PK, the sentiment is Positive. The current price of 10.81 is above the 20-day moving average (MA) of 10.59, above the 50-day MA of 10.66, and above the 200-day MA of 10.50, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 53.22 is Neutral, neither overbought nor oversold. The STOCH value of 76.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PK.

Park Hotels & Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HST	77 Outperform	$12.58B	17.24	11.04%	4.90%	6.45%	3.79%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DRH	65 Neutral	$1.89B	35.40	3.98%	5.09%	0.95%	-8.40%
APLE	64 Neutral	$2.88B	16.51	5.41%	8.31%	0.57%	-13.58%
XHR	64 Neutral	$1.41B	26.64	4.58%	3.62%	4.29%	141.01%
SHO	57 Neutral	$1.75B	1,001.09	0.88%	3.91%	3.04%	-98.77%
PK	56 Neutral	$2.16B	-143.94	-0.36%	12.95%	-3.57%	-104.55%

Park Hotels & Resorts Corporate Events

Park Hotels & Resorts Updates Investor Strategy

On December 9, 2025, Park Hotels & Resorts released an updated investor presentation highlighting its strategy to dispose of non-core hotels, which is expected to enhance the growth and quality of its core portfolio. The company has made significant strides in reshaping its portfolio, focusing on its core hotels, which are projected to deliver higher revenue per available room (RevPAR) and profit margins. This strategic move is anticipated to improve the company’s valuation and provide substantial earnings upside, benefiting stakeholders by potentially increasing returns and reducing leverage.

Park Hotels & Resorts Enhances Credit Facility

On September 17, 2025, Park Hotels & Resorts Inc. announced the successful amendment and restatement of its existing credit agreement, increasing the total capacity of its senior secured revolving credit facility to $1 billion and adding a new senior unsecured delayed draw term loan facility of up to $800 million. This financial restructuring, which extends the maturity dates of the credit facilities, enhances Park’s liquidity and flexibility, allowing it to address upcoming debt maturities and maintain a strong balance sheet, thereby supporting its strategic objectives.