PK

Park Hotels & Resorts remains a Buy, offering a compelling margin of safety and attractive valuation despite a 30% stock rally. Q1 results exceeded expectations, with RevPAR up 2.2% YoY, and ongoing renovations are expected to drive further improvements later on. PK's disciplined asset sales and portfolio optimization strengthen its balance sheet amid elevated leverage and support their renovations, offering a well-covered 7% dividend yield.

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The FIFA World Cup 2026 is underway, and outside of the competition on the pitch, the competition for consumer dollars may be equally intense. Official estimates forecast U.S. accommodations and food services generating over $2.4 billion in incremental economic value from the tournament.

I am upgrading Park Hotels & Resorts to a buy, driven by strong market momentum, property upgrades, and resilient top-line growth. PK demonstrates competitive positioning with a focus on upper-upscale renovations, notably achieving +27% group revenue growth at the Royal Palm South Beach. Despite volatile FFO and high leverage, PK offers a safe, elevated dividend yield (~6.8%) with solid coverage, though dividend growth is muted.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The benefit of the Federal Reserve lowering interest rates may not happen until late this year, if at all. Even so, listed real estate investment trusts (REITs) are delivering for investors.

TYSONS, Va.--(BUSINESS WIRE)---- $PK--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the second quarter 2026 after the stock market closes on Thursday, August 6, 2026. Park will hold a conference call on Friday, August 7, 2026, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested indiv.

Park Hotels & Resorts Inc. (PK) Q1 2026 Earnings Call Transcript

TYSONS, Va.--(BUSINESS WIRE)---- $PK--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2026 and provided an operational update and an update on its Non-Core hotel disposition initiative. First Quarter Highlights Include: Comparable RevPAR was $191.05, an increase of 2.2% compared to the same period in 2025, or a 5.5% increase when excluding the Royal Palm South Beach Miami, a Tribute Portfolio Resort (“Royal Palm”), which.

CLDT, HST, PK and DRH enter earnings season as hotel demand, occupancy and RevPAR rise, setting up potential upside as investors hunt for positive surprises.