Park Hotels & Resorts Inc. (PK) Stock

Park Hotels & Resorts Inc. (PK) is a Consumer Discretionary stock trading at $15.84 (as of 2026-08-20), with a market capitalization of $3.19B and a trailing P/E of 59.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Park Hotels & Resorts Inc. is a publicly traded lodging REIT that owns a portfolio of premium-branded hotels and resorts. Its holdings include 60 properties with more than 33,000 rooms, located primarily in major city-center and resort locations.

Understand Park Hotels & Resorts Inc.: how it makes money

Park Hotels & Resorts owns and operates a portfolio of premium-branded hotels and resorts, and it makes money from hotel and group room revenues generated by its rooms (and reflected in comparable portfolio performance).

Park's profit is structurally driven by lodging demand across its room base, which shows up in comparable hotel revenue and occupancy levels, with incremental contribution also coming from group room nights.

Revenue by segment (latest quarter)
Hotels	$0.6B

Business quality (Weak): The dataset provides clear operating signals for occupancy and comparable hotel revenue, but it does not include a clean, mutually exclusive reportable segment breakdown beyond an overall hotel revenue figure.

Bull case

Premium portfolio with scale and location focus: Park has 60 premium-branded hotels and resorts with over 33,000 rooms, primarily in prime city center and resort locations.
Strong comparable occupancy signal: Comparable Occupancy Percentage is 71.7% (and Portfolio Occupancy is 69.9%), supporting hotel revenue performance.
Comparable hotel revenue is rising in the provided quarter snapshot: Comparable Hotel Revenue is 0.62B, and incremental contribution from 2023 group room nights booked is 0.07B.

Bear case

Operating performance can be sensitive to occupancy: Occupancy is not the same across measures (71.7% comparable vs 69.9% portfolio), which suggests performance may vary by hotel group.
Group revenue is present, but the dataset shows limited detail on rate drivers: Group Revenue is 0.11B and Group Room Revenues are 0.12B, while key pricing-style KPIs such as Average Daily Rate (Portfolio) are shown as 0.0 in the provided inputs.
Profitability level is moderate: The provided operating margin is 10.0%, which can leave less cushion if revenue or costs change.

Valuation — source: SEC EDGAR (first-party)
Price	$15.84
Market Cap	$3.19B
P/E Ratio	59.1
EV / EBITDA	12.4
Price / Book	1.05
Price / Sales	1.26
FCF Yield	3.4%
DCF Value (model)	$14.47
DCF Upside vs Price	-8.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.54B
Net Margin	-11.1%
Revenue Growth (YoY)	-2.2%
EPS Growth (YoY)	-240.2%
FCF Growth (YoY)	-49.5%

Valuation vs Sector & Industry
Stock P/E	59.1
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Restaurants, Hotels & Motels)	26.6
vs Sector	188.3%
vs Industry	122.3%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($270.20M)
Institutional Holders Tracked	10
Congressional Trades (recent)	3

Company
Sector	Consumer Discretionary
Industry	Restaurants, Hotels & Motels
CEO	Thomas Jeremiah Baltimore Jr.
Employees	91
Country	US
IPO Date	2017-01-04

Related Companies (Business model: Hotels & Lodging (Asset-Light Franchisors and Asset-Heavy Lodging REITs); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.