Park repays $1.275B loan for Hilton Hawaiian Village Resort
Park Hotels & Resorts Inc. has successfully repaid its $1.275 billion CMBS loan for the Hilton Hawaiian Village Waikiki Beach Resort, using funds from a $700 million delayed-draw Bonnet Creek mortgage financing and a $600 million draw from its delayed-draw term loan facility. This move extends Park's weighted-average debt maturity to 3.1 years and unencumbers a significant asset, enhancing the company's financial flexibility and strategic options. The repayment, ahead of the loan's November 1 maturity, strengthens Park's balance sheet and investor confidence.
Park Hotels & Resorts (PK) Could Be 25% Undervalued On Its Debt Refinance
Park Hotels & Resorts (PK) recently refinanced a significant US$1.275 billion CMBS loan, improving its debt maturity profile. This move, coupled with strong stock performance, suggests the company might be undervalued, with a fair value estimated at $20.50 against a current price of $15.42. Analysts anticipate strong results from portfolio investments and potential demand surges, though risks like spending on older hotels and labor costs could impact margins.
Park Hotels & Resorts Inc. (PK) Stock Price, News, Quote & History
This article provides comprehensive financial information for Park Hotels & Resorts Inc. (PK), including its stock price, historical data, performance metrics, and analyst ratings. It highlights the company's profile as a major lodging REIT, its portfolio of premium hotels, and key financial figures such as market capitalization and earnings trends. The report also includes performance comparisons against the S&P 500 and lists recent analyst actions.
A Hawaii resort is no longer tied to a $1.275 billion loan. Park Hotels paid it off.
Park Hotels & Resorts Inc. (NYSE: PK) announced the successful repayment of its $1.275 billion CMBS loan secured by the Hilton Hawaiian Village Waikiki Beach Resort. This repayment was financed through a $700 million delayed-draw Bonnet Creek mortgage and a $600 million draw from its delayed-draw term loan facility. The move significantly strengthens Park's balance sheet, extends its weighted-average debt maturity to 3.1 years, and unencumbers a key asset, providing greater strategic flexibility.
Park Hotels & Resorts Inc. Successfully Repays the $1.275 Billion CMBS Loan Secured by the Hilton Hawaiian Village Resort
Park Hotels & Resorts Inc. announced the successful repayment of its $1.275 billion CMBS loan secured by the Hilton Hawaiian Village Waikiki Beach Resort. This repayment was financed through a $700 million delayed-draw Bonnet Creek mortgage and a $600 million draw from its delayed-draw term loan facility. The transaction extends Park's debt maturity profile and unencumbers a significant asset, enhancing the company's financial flexibility and strategic options.
Will Earnings Growth Outlook Change Park Hotels & Resorts Stock Narrative
Raymond James recently upgraded Park Hotels & Resorts, citing expected earnings growth from hotel revenue trends, including the reopening of the Royal Palm and improved operations in Hawaii. The upgrade emphasizes property-level execution as a key driver for the company's performance, rather than just broad industry sentiment. While the stock currently screens as undervalued, the main focus is on operational execution and balance sheet flexibility to convert improving demand into sustainable cash flow.
Park Hotels & Resorts Inc To Go Ex-Dividend On September 30th, 2026 With 0.25 USD Dividend Per Share
Park Hotels & Resorts Inc. (NYSE: PK) has announced an upcoming ex-dividend date of September 30th, 2026, for a dividend payout of $0.25 per share. Investors must own shares before this date to be eligible for the dividend. The company's dividend yield and historical dividend performance are key considerations for potential investors.
Form 4 Park Hotels & Resorts Inc For: 28 September By Investing.com
This article reports on the filing of Form 4 for Park Hotels & Resorts Inc. on September 28. It includes the company's stock symbol, PK, and its daily price performance, showing a 1.88% increase. The content is brief and does not provide further details about the Form 4 filing.
Park Hotels & Resorts Gets Strong Buy Upgrade on 2027 Earnings Outlook
Raymond James upgraded Park Hotels & Resorts Inc. to "Strong Buy" from "Market Perform," setting a $19 price target, which implies a 23% upside. Analyst RJ Milligan cited expected hotel revenue growth and property-specific earnings opportunities, particularly driven by the reopening of Royal Palm and improvement in Hawaii, which are expected to boost 2027 EBITDA. This upgrade distinguishes Park within the lodging REIT sector, contrasting with a downgrade for RLJ Lodging Trust due to valuation concerns.
Raymond James Upgrades Park Hotels & Resorts to Strong Buy From Market Perform, PT is $19
Raymond James has upgraded Park Hotels & Resorts (NYSE: PK) to a "Strong Buy" from "Market Perform," setting a new price target of $19. This upgrade reflects a positive outlook on the lodging REIT, which owns a portfolio of 34 hotels and resorts primarily in urban and convention areas across the United States. Other analysts have also recently adjusted their ratings and price targets for Park Hotels & Resorts, indicating growing confidence in the company's performance.
Raymond James upgrades Park Hotels stock to Strong Buy on 2027 outlook
Raymond James has upgraded Park Hotels & Resorts (NYSE: PK) to Strong Buy from Market Perform, setting a price target of $19.00 due to its attractive valuation despite a 48% year-to-date performance. The firm anticipates significant EBITDA growth in 2027 driven by the re-opening of Royal Palm and improvements in Hawaii, expecting the company to close its NAV discount. Park Hotels recently reported strong Q2 2026 earnings, surpassing revenue expectations and raising full-year guidance, though its Chief Investment Officer departed.
Form 4 Park Hotels & Resorts Inc For: 24 September By Investing.com
This article reports on a Form 4 filing for Park Hotels & Resorts Inc. on September 24. It indicates that the filing was published on September 25, 2026, and is available for viewing on Investing.com. The piece is brief and primarily serves as an announcement for the regulatory filing.
Form 4 Park Hotels & Resorts Inc For: 24 September By Investing.com
This article reports on the filing of Form 4 for Park Hotels & Resorts Inc. on September 24. Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) whenever there is a change in the beneficial ownership of a company's securities by an insider. The brief article, published by Investing.com, indicates a filing related to insider transactions for the company.
Form 4 Park Hotels & Resorts Inc For: 24 September By Investing.com
This article from Investing.com announces a Form 4 filing for Park Hotels & Resorts Inc. on September 24. It is a brief announcement indicating the availability of the regulatory filing related to the company's financial activities.
Truist Financial Maintains Park Hotels & Resorts Inc(PK.US) With Hold Rating, Maintains Target Price $17
Truist Financial has reiterated its Hold rating on Park Hotels & Resorts Inc (PK.US) and maintained its target price at $17. This indicates that the analyst firm sees the stock as likely to perform in line with the broader market. Investors will be watching to see if future developments impact this assessment.
Form 8K Park Hotels & Resorts Inc For: 11 September By Investing.com
This article reports on the filing of a Form 8K by Park Hotels & Resorts Inc. for September 11, 2026. The brief news item includes the company's stock symbol (PK) and its performance percentage. It provides financial market data and mentions other popular news and analysis articles from Investing.com.
Park Hotels & Resorts announces departure of chief investment officer By Investing.com
Park Hotels & Resorts Inc. announced the departure of Thomas C. Morey, Executive Vice President and Chief Investment Officer, effective Monday. Mr. Morey will receive severance benefits under a separation agreement, subject to non-solicitation and non-competition clauses. The company has not yet named a replacement for the role.
Park Hotels & Resorts Inc. Announces Third Quarter 2026 Earnings Conference Call on November 5, 2026
Park Hotels & Resorts Inc. (NYSE: PK) announced it will release its third-quarter 2026 financial results after market close on Wednesday, November 4, 2026. The company will host a conference call on Thursday, November 5, 2026, at 11:00 a.m. ET to discuss these results, its operational environment, and business outlook. Interested parties can access the call via telephone or a webcast available on the company's website.
Park Hotels (NYSE: PK) grants 4-year retention stock to key executives
Park Hotels & Resorts Inc. (PK) has approved one-time retention restricted stock awards for several key executive officers, including CEO Thomas J. Baltimore, Jr. and COO Sean M. Dell’Orto. These awards, designed to address leadership transition risks and align executive incentives with long-term stockholder value, vest fully on the fourth anniversary of the grant date, subject to continued employment. The filing details the number of shares granted to each executive and outlines vesting conditions for various termination scenarios.
Park Hotels & Resorts (PK) Says CIO Thomas C. Morey Is Leaving
Park Hotels & Resorts (NYSE: PK) has announced the departure of its Executive Vice President and Chief Investment Officer, Thomas C. Morey, who oversaw portfolio transactions and capital allocation. Existing senior leadership will temporarily manage investment responsibilities as the company evaluates longer-term options for the CIO role. This leadership change places future capital allocation decisions in the spotlight for investors, with more detailed updates expected around upcoming quarterly results.
Top investment chief exits Park Hotels (NYSE: PK)
Park Hotels & Resorts Inc. (PK) announced the departure of Thomas C. Morey, Executive Vice President and Chief Investment Officer, effective September 8, 2026. Morey entered a Separation Agreement on September 9, 2026, entitling him to severance benefits under the company's Executive Severance Plan, conditioned on a non-revocation period and compliance with non-solicitation and non-competition obligations for 12 months. This information was filed via an 8-K report with the SEC.
Park Hotels & Resorts Announces One-Time Retention Stock Awards for Executives
Park Hotels & Resorts Inc. has granted one-time restricted stock awards to four executive officers, including CEO Thomas J. Baltimore, Jr., and COO/CFO Sean M. Dell'Orto. These awards, totaling 663,127 shares, are intended to minimize leadership transition risks and align executive incentives with long-term shareholder value. The shares vest fully on the fourth anniversary of the grant date, with certain provisions for accelerated vesting under specific termination conditions.
Park Hotels & Resorts Inc (PK) Shares Fall 3.1% -- GF Value Says Still Overvalued
Park Hotels & Resorts Inc (PK) shares recently fell 3.1% to $15.08, which GuruFocus' GF Value™ indicates is 12.0% overvalued compared to its estimated intrinsic value of $13.46. The company's financial health raises concerns, with a GF Score™ of 76/100 suggesting "Above Average" status but highlighting a low financial strength score of 4/10 and a cash-flow-negative position. The P/E ratio of 31.3x is significantly above its 5-year median, further supporting the overvaluation assessment, and a lack of insider buying activity adds to the cautionary outlook for investors.
Motto by Hilton Opens Second Mexico Property in Guadalajara
Motto by Hilton has opened its second property in Mexico, the 154-room Motto by Hilton Guadalajara Centro Histórico, owned and developed by Grupo Megaterra. This opening is part of a larger trend of strengthening U.S. lodging fundamentals, with RevPAR forecast to rise 5.1% in 2026, driven by corporate transient demand and events like the World Cup. The article also highlights various other hotel deal, development, and technology news within the industry.
Park Hotels & Resorts shares rise 1% after BMO upgrade
Park Hotels & Resorts (NYSE:PK) saw its shares increase by 1.0% in pre-market trading following an upgrade from BMO Capital Markets, which raised its rating to "Outperform" and increased the price target to $18. The upgrade was attributed to the company's portfolio transformation and positive demand outlook through 2027, alongside stronger-than-expected second-quarter results. Despite a broader market decline, Park Hotels & Resorts' stock advanced, also influenced by recent analyst actions and plans to address upcoming debt maturities.
Park Hotels & Resorts: A Leaner Portfolio Starts Paying Off (NYSE:PK)
Park Hotels & Resorts (PK) is recommended as a Buy, with its valuation still showing a significant discount despite strong operational performance and portfolio enhancements. The company increased its 2026 guidance for RevPAR growth to 3%–4.5% and Adj. FFO per share to $1.90–$2.00, supporting a 6.3% dividend yield. Active portfolio recycling, including non-core asset sales, is streamlining the business and directing capital towards higher-quality, higher-growth properties.
Advisors Capital Management LLC Purchases Shares of 1,344,540 Park Hotels & Resorts Inc. $PK
Advisors Capital Management LLC has acquired 1,344,540 shares of Park Hotels & Resorts Inc. (NYSE:PK) for approximately $19.16 million, representing about 0.67% of the company. Other institutional investors have also significantly adjusted their holdings in PK. Park Hotels & Resorts recently reported earnings of $0.24 per share and revenue of $680 million, and announced a quarterly dividend of $0.25 per share.
Diversify Advisory Services LLC Purchases New Position in Park Hotels & Resorts Inc. $PK
Diversify Advisory Services LLC has acquired a new position of 66,547 shares in Park Hotels & Resorts Inc. (NYSE:PK), valued at approximately $1,000,000, according to its recent 13F filing. Other institutional investors have also adjusted their holdings in the company. Park Hotels & Resorts recently reported quarterly earnings meeting consensus estimates and announced a quarterly dividend of $0.25 per share.
Park Hotels & Resorts stock hits 52-week high at 15.49 USD
Park Hotels & Resorts Inc. stock has reached a 52-week high of $15.49 USD, reflecting a 38.57% increase over the past year and renewed investor confidence in the hospitality sector. This surge follows the company's strong second-quarter 2026 earnings, which met profit expectations and surpassed revenue projections due to increased travel demand and successful renovations. The company also raised its full-year guidance and continued its strategy of selling non-core assets.
Why Park Hotels & Resorts (PK) Is Up 6.6% After Returning To Profitability In Q2 2026
Park Hotels & Resorts (PK) has returned to profitability in Q2 2026, reporting US$47 million in net income and positive EPS, a significant improvement from previous losses. Despite largely flat revenue, the company's focus on margin execution and shareholder returns, alongside a reiterated dividend and buybacks, suggests a positive shift in its investment narrative. However, the stock may still be undervalued by 41%, and continued success hinges on maintaining profitability and managing interest costs.
Park Hotels & Resorts stock hits 52-week high at 15.49 USD
Park Hotels & Resorts Inc. (PK) stock has reached a 52-week high of $15.49, marking a 38.57% increase over the past year. This growth is attributed to a rebounding hospitality sector, strong Q2 2026 earnings that exceeded revenue projections, and strategic moves like increased travel demand, higher room rates, and asset sales. The company also raised its full-year guidance for key financial metrics.
Park Hotels & Resorts stock hits 52-week high at 15.49 USD
Park Hotels & Resorts (PK) stock has reached a new 52-week high of $15.49, reflecting a 38.57% increase over the past year and renewed investor confidence in the recovering hospitality sector. The company recently reported strong Q2 2026 earnings, meeting profit expectations and exceeding revenue forecasts, driven by increased travel demand and successful renovations. Park Hotels also raised its full-year guidance for key financial metrics and continued its strategy of selling non-core assets.
Park Hotels & Resorts (NYSE:PK) Reaches New 12-Month High - Here's What Happened
Park Hotels & Resorts (NYSE:PK) recently hit a new 52-week high of $15.49, trading up 2.8% from its previous close. Despite this performance, analysts maintain a cautious "Hold" rating with an average price target of $13.92. The company announced a quarterly dividend of $0.25, reflecting a 6.5% yield, and institutional investors hold a significant 92.69% stake in the firm.
Park Hotels & Resorts (PK) Returns To Profit, Is The 22% Undervalued View Still Compelling?
Park Hotels & Resorts (PK) recently reported a shift from net loss to net income in Q2 2026, leading to increased investor interest and a significant rise in share price. Despite a "22% Undervalued" narrative suggesting a fair value of $19.39, the company faces challenges like rising labor costs and capital needs for older properties. Investors are encouraged to review the company's risks and rewards to determine if the valuation remains compelling.
Park Hotels & Resorts (PK) Returns To Profit, Is The 22% Undervalued View Still Compelling?
Park Hotels & Resorts (PK) recently reported a shift from net loss to net income in Q2 2026, leading to a significant increase in share price. Despite being considered 22% undervalued with a fair value of $19.39, the company faces challenges like rising labor costs and ongoing capital expenditures. Investors should consider both the positive earnings momentum and the inherent risks when assessing PK's future prospects.
Park Hotels & Resorts (PK) Returns To Profit, Is The 22% Undervalued View Still Compelling?
Park Hotels & Resorts (PK) recently moved from a net loss to net income in Q2 2026, leading to significant share price momentum. Despite a 22% undervalued narrative based on a $19.39 fair value, the company faces pressures from rising labor costs and capital needs at older properties. Investors are encouraged to review the full picture, including potential rewards and warning signs, before making decisions.
82,234 Shares in Park Hotels & Resorts Inc. $PK Purchased by State of Wyoming
The State of Wyoming acquired 82,234 shares of Park Hotels & Resorts Inc. (NYSE:PK) during the second quarter, a new stake valued at approximately $1.17 million. Institutional investors now collectively own 92.69% of the company's stock. Analysts generally maintain a "Hold" rating for PK, with a consensus price target of $13.92, while the company recently reported quarterly earnings that met expectations and revenue that exceeded them, along with declaring a quarterly dividend of $0.25 per share.
Deutsche Bank Adjusts Park Hotels & Resorts PT to $18 From $17, Maintains Buy Rating
Deutsche Bank has increased its price target for Park Hotels & Resorts (NYSE:PK) to $18 from $17, while maintaining a Buy rating on the stock. This adjustment follows the company's recent Q2 2026 earnings call where it reported revenues of $680.0M, exceeding FactSet estimates. Park Hotels & Resorts is a lodging REIT with a portfolio of approximately 34 hotels and resorts primarily located in urban and leisure destinations across the United States.
What Park Hotels & Resorts (PK)'s Return to Profitability and Dividend Affirmation Means For Shareholders
Park Hotels & Resorts (PK) recently reported a swing to profitability in Q2 2026, with US$680 million in revenue and US$47 million in net income, and affirmed a quarterly dividend of US$0.25 per share. While this return to profit and consistent dividends support its investment narrative as a cash-generating hotel REIT, the company still faces interest coverage risks. Investors should consider these factors and explore further analysis before making investment decisions, as its shares may still be trading above fair value.
Bank of America (PK) reports 4.9% beneficial stake in Park Hotels & Resorts
Bank of America Corporation has filed an amended Schedule 13G, disclosing a 4.9% beneficial ownership in Park Hotels & Resorts Inc. common stock, totaling 9,775,762 shares. This ownership includes shared voting power over 9,769,187 shares and shared dispositive power over all 9,775,762 shares, with no sole voting or dispositive power. The filing indicates the stake is held by Bank of America and several of its wholly-owned subsidiaries.
What Park Hotels & Resorts (PK)'s Return to Profitability and Dividend Affirmation Means For Shareholders
Park Hotels & Resorts (PK) recently reported a swing to profitability in Q2 2026, with revenue of US$680 million and net income of US$47 million, and affirmed its quarterly dividend of US$0.25 per share. While this indicates improved earnings strength and supports the company's capital return stance, investors should be aware that the stock might still be trading above its fair value and concerns around interest coverage remain. This profitability trend and dividend funding, alongside debt management, are key near-term catalysts for the company.
Park Hotels (PK) investor Donald Smith discloses 7.22% ownership stake
Donald Smith & Co., Inc., along with DSCO Value Fund, L.P., has reported a 7.22% beneficial ownership stake in Park Hotels & Resorts Inc. (PK), totaling 14,534,708 shares. Donald Smith & Co. holds the majority of voting and dispositive power for its advisory clients, while DSCO Value Fund accounts for a smaller portion. The disclosure clarifies that economic rights belong to advisory clients and no single client owns more than five percent of the outstanding common stock.
Park Hotels & Resorts (NYSE:PK) Price Target Raised to $14.00 at JPMorgan Chase & Co.
JPMorgan Chase & Co. raised its price target for Park Hotels & Resorts (NYSE:PK) to $14.00 from $13.00, though it maintained an "underweight" rating, implying a slight downside from the current share price. Despite the target increase, analyst sentiment remains cautious, with the stock holding an average "Reduce" rating and a consensus price target of $13.27. Park Hotels & Resorts recently reported quarterly EPS of $0.24, meeting estimates, and revenue of $680 million, exceeding expectations.
Cantor Fitzgerald Maintains Park Hotels & Resorts Inc(PK.US) With Hold Rating, Raises Target Price to $15
Cantor Fitzgerald has reiterated its Hold rating on Park Hotels & Resorts Inc (PK.US) and increased its price target to $15. This adjustment reflects the firm's updated valuation of the company's stock.
J.P. Morgan Maintains Park Hotels & Resorts Inc(PK.US) With Sell Rating, Raises Target Price to $14
J.P. Morgan has maintained its Sell rating on Park Hotels & Resorts Inc (PK.US) but has increased the target price for the company's stock to $14. This indicates a continued cautious outlook on the stock despite a higher price target.
Is Park Hotels & Resorts (PK) Still Undervalued Following Strong Q2 Results And Raised Guidance?
Park Hotels & Resorts (PK) reported strong Q2 2026 results, exceeding revenue expectations, achieving profitability, and raising full-year guidance. Despite a significant 33.82% share price increase over 90 days, the company is still considered 23.9% undervalued with a fair value narrative of $19.40 against a current price of $14.76. This optimism is driven by expected EBITDA growth from key investments and potential demand from Miami's World Cup, though risks like capital-intensive upgrades and labor costs remain.
Park Hotels & Resorts Inc (PK) (Q2 2026) Earnings Call Highlight
Park Hotels & Resorts Inc (PK) reported strong Q2 2026 results, achieving nearly 7% RevPAR growth driven by robust group and leisure demand. The company raised its full-year guidance for RevPAR, Adjusted EBITDA, and Adjusted FFO per share, reflecting a positive outlook. Despite potential macroeconomic headwinds and a concentrated portfolio, strategic capital investments and asset dispositions are contributing to a strong recovery and improved financial flexibility.
Profit returns at Park Hotels & Resorts (NYSE: PK) with $62M H1 income
Park Hotels & Resorts (NYSE: PK) reported a significant return to profitability for Q2 2026, with a net income of $50 million and $62 million for the first half of 2026, a substantial improvement from a loss in the prior year. The company's revenues saw a slight increase to $680 million, driven by strong performance in its Core hotels, particularly in Hawaii, Orlando, New York, and Santa Barbara. Park Hotels & Resorts also maintained robust liquidity, with $264 million in cash and substantial undrawn credit facilities, positioning it to refinance its $1.275 billion HHV Mortgage Loan maturing in late 2026.
Park Hotels Posts $47M Profit as Hawaii Renovations Deliver Q2 Earnings Beat
Park Hotels & Resorts (NYSE: PK) significantly exceeded Wall Street expectations in Q2 2026, reporting a $47 million profit compared to a net loss a year ago, largely due to successful renovations at its Hilton Hawaiian Village property. The company is now embarking on a $100 million renovation of the Ali'i Tower, while also raising full-year guidance across all key metrics and refinancing a major debt event. Despite the positive performance, analysts note concentration risk in Hawaii and Florida, and a high net debt-to-EBITDA ratio.
Earnings call transcript: Park Hotels beats revenue in Q2 2026 and lifts outlook
Park Hotels & Resorts (PK) reported Q2 2026 earnings that met profit forecasts and exceeded revenue expectations, driven by strong travel demand, rising room rates, and recent renovations. The company raised its full-year guidance for RevPAR, adjusted EBITDA, and adjusted FFO per share, indicating a positive outlook for the remainder of 2026 and beyond. Management highlighted strong performance in key markets like Hawaii and Orlando, the successful reopening of Royal Palm South Beach, and continued progress in divesting non-core assets.
