Park Hotels & Resorts delivered a 41% total return in four months, validating my prior 'Buy' rating. PK raised full-year 2026 guidance for the second consecutive quarter, with AFFO now expected at $1.90–$2.00/share and robust RevPAR growth. Non-core asset disposals are progressing slower than anticipated, but PK's balance sheet risk has eased with a $700M delayed-draw facility.
Park Hotels & Resorts: A Leaner Portfolio Starts Paying Off
Park Hotels & Resorts NYSE: PK reported second-quarter results that exceeded its expectations, driven by stronger group and leisure demand, particularly at resort properties in Hawaii, Florida and Key West. The company raised its full-year RevPAR, adjusted EBITDA and adjusted funds from operations guidance following the performance and a strong start to the third quarter.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 11,481 | $121,197.71 | $172,903.86 | $51,706.15 | 42.66% |
Curtis Ellergodt Rothschild Investment LLC | 81 | $865.09 | $1,219.86 | $354.77 | 41.01% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 17,240 | $245,670 | $254,462.4 | $8,792.4 | 3.58% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 1,400 | $14,644 | $20,650 | $6,006 | 41.01% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 39 | $417.27 | $559.26 | $141.99 | 34.03% |
| Hotel & Resort REITs Industry | Real Estate Sector | Thomas Jeremiah Baltimore Jr. CEO | NYSE Exchange | 700517105 CUSIP |
| US Country | 90 Employees | 30 Sep 2026 Last Dividend | - Last Split | 4 Jan 2017 IPO Date |
Park is a preeminent player in the hospitality sector, distinguished as one of the largest publicly traded lodging Real Estate Investment Trusts (REITs). It boasts a diverse inventory of market-leading hotels and resorts, underlined by considerable real estate value. The company is recognized for its portfolio of 43 premium-branded hotels and resorts, encompassing over 26,000 rooms. These properties are strategically situated primarily in prime city center and resort locales, affording Park a competitive edge in the hospitality industry.
Park's portfolio includes premium-branded hotels that offer accommodations and services tailored to the needs of discerning business and leisure travelers. These hotels are situated in key urban and city center locations, providing guests with convenient access to major business districts, cultural attractions, and entertainment venues.
Complementing its urban hotel offerings, Park also owns and operates resorts located in prime vacation destinations. These resorts cater to travelers seeking leisure and recreational activities, including golf, spa services, and beachfront access. The resort properties are designed to provide a comprehensive vacation experience, combining luxury accommodations with a wide range of on-site amenities.