PARK HOTELS+RESORTS DL-01

Shares of Park Hotels & Resorts rose to a 52-week high of $15.49 after the company reported adjusted earnings of $0.24 per share and revenue of $680 million for Q2 2026, beating consensus expectations. RevPAR increased 5.8% year-on-year and accelerated over the quarter. Management raised full-year guidance for RevPAR, adjusted EBITDA and adjusted FFO per share, citing stronger travel demand, higher room rates and extensive renovations including the reopening of the Royal Palm South Beach. At the same time, Park Hotels continued to divest non-core assets, which slightly improved its leverage ratio. » Más en de.investing.com

Park Hotels reported adjusted EPS of $0.24 for Q2 2026 (in line with estimates) and revenue of $680 million, about 2.9% above expectations. RevPAR rose 5.8% to $217, driven by stronger group and leisure demand and renovations; the Royal Palm South Beach reopened after more than $100 million in renovations. Management raised full-year guidance for RevPAR, adjusted EBITDA and adjusted FFO per share, expecting RevPAR growth of 3.0–4.5% and higher adjusted FFO of $1.90–2.00. Risks remain high net debt (around $3.7 billion) and continued elevated capital expenditures, while disposals of non-core assets are intended to improve portfolio quality. » Más en de.investing.com

Shares of Park Hotels & Resorts rose to a 52-week high of $15.17 and have delivered a total return of 43.26% over the past year; year-to-date the gain is 46.86% and over the last six months 41.45%. The company has a market capitalization of $3.05 billion and offers a dividend yield of 6.78%. In Q1 2026 Park Hotels & Resorts topped estimates with EPS of $0.05 (expectation $0.04) and revenue of $622 million (expectation $607.67 million), despite a decline in premarket trading. » Más en de.investing.com