Park Hotels & Resorts (Park) reported Q4 2025 results with comparable RevPAR of USD 182.49 (+0.8%) and core RevPAR of USD 210.15 (+3.2%). Park posted a net loss of USD 204.00 million and net loss attributable to stockholders of USD 205.00 million, reflecting USD 248.00 million of impairment expense primarily tied to non-core hotels. Adjusted EBITDA was USD 152.00 million, diluted loss per share was USD 1.04, and diluted adjusted FFO per share was USD 0.51. For FY 2025, comparable RevPAR was USD 185.00 (-2.0%) and core RevPAR was USD 208.85 (-1.3%). Park recorded a net loss of USD 277.00 million and net loss attributable to stockholders of USD 283.00 million, including USD 318.00 million of impairment expense primarily related to non-core hotels. Adjusted EBITDA was USD 609.00 million and diluted adjusted FFO per share was USD 1.97. Park said the Royal Palm South Beach Miami suspended operations in mid-May 2025 for a comprehensive renovation, resulting in no RevPAR and no hotel revenue for the property in Q4 2025. The company spent nearly USD 300.00 million on capital improvements during 2025, and provided a FY 2026 outlook for RevPAR of USD 190.00 to USD 194.00 (0.0% to +2.0%), net income of USD 69.00 million to USD 99.00 million, and adjusted EBITDA of USD 580.00 million to USD 610.00 million. Park also announced the appointment of Sean M. Dell’Orto as Chief Operating Officer effective February 12, 2026, while he continues as CFO & Treasurer, and declared a Q1 2026 cash dividend of USD 0.25 per share.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Park Hotels & Resorts Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260219430682) on February 19, 2026, and is solely responsible for the information contained therein.