StocksMedium•5 November 2026•
1 min read
Park Hotels & Resorts Beats Q3 Estimates on Strong RevPAR Growth
Key Facts
1Park Hotels & Resorts reported adjusted FFO of $0.39 per share, exceeding the $0.34 consensus estimate.
2Comparable RevPAR rose 8.4%, while total revenue reached $602.0 million, beating estimates by 0.7%.
Park Hotels & Resorts Inc. reported adjusted FFO of $0.39 per share for the third quarter of 2026, exceeding the consensus estimate of $0.34 according to Finviz. Total revenue reached $602.0 million, beating analyst expectations by 0.7% on the back of an 8.4% acceleration in comparable RevPAR growth.
PK closed at $16.96 on November 4, 2026, with the stock trading between a low of $16.61 and a high of $16.98 during the session. Finviz reported that while the company beat top and bottom-line estimates, profit conversion saw a limited margin expansion of 50 basis points, even as airport and suburban RevPAR rose by 20% and 14% respectively.