Park Hotels anticipates Q4 RevPAR growth between -1% and 2% while liquidity on balance sheet hits $2.1 billion.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2025
0mins
Should l Buy PK?
Source: SeekingAlpha
Management Insights: CEO Thomas Baltimore emphasized Park Hotels' focus on strengthening its balance sheet, enhancing core portfolio quality, and operational excellence, while CFO Sean Dell'Orto reported a 6% decline in RevPAR for Q3 2025 and a revised outlook for the fourth quarter.
Financial Performance: Q3 total hotel revenues reached $585 million with an adjusted EBITDA of $141 million, while the company declared a cash dividend of $0.25 per share, reflecting a 9% annualized yield.
Strategic Focus: The company plans to divest 15 non-core hotels to concentrate on high-quality assets, with ongoing capital allocation initiatives yielding high returns, including a $103 million renovation project in Miami.
Risks and Concerns: Management highlighted challenges such as softness in leisure demand, government shutdown impacts, and macroeconomic uncertainty, while analysts expressed concerns about cost reduction sustainability and asset sale execution.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PK
Wall Street analysts forecast PK stock price to rise
7 Analyst Rating
2 Buy
5 Hold
0 Sell
Moderate Buy
Current: 11.420
Low
10.50
Averages
11.93
High
14.00
Current: 11.420
Low
10.50
Averages
11.93
High
14.00
About PK
Park Hotels & Resorts Inc. is a lodging real estate investment trust (REIT). The Company has a diverse portfolio of hotels and resorts with significant underlying real estate value. It has interests in 36 hotels, consisting of premium-branded hotels and resorts with approximately 23,055 rooms, of which over 87% are luxury and upper upscale and are located in prime United States markets and its territories. Its high-quality portfolio includes hotels mostly in major urban and convention areas, such as New York City, Washington, D.C., Chicago, Boston, New Orleans and Denver; and premier resorts in key leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; as well as hotels in select airport and suburban locations. Its brands include Hilton Hotels & Resorts, DoubleTree by Hilton, Signia by Hilton, Marriott, Hyatt Regency, Embassy Suites by Hilton, Marriott Tribute Portfolio, Curio - A Collection by Hilton, Waldorf Astoria Hotels & Resorts, JW Marriott, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Brandywine Realty Trust Downgraded, Dividend Yield at 15.18%
- Analyst Rating Changes: Keybanc analyst Todd Thomas downgraded Brandywine Realty Trust from Overweight to Sector Weight on December 4, 2025, with a 57% accuracy rate, potentially diminishing investor confidence in the stock.
- Market Reaction: JP Morgan analyst Anthony Paolone downgraded the stock from Neutral to Underweight on November 24, 2025, with a 63% accuracy rate, which may exacerbate negative sentiment in the market and affect its stock performance.
- Earnings Forecast: Park Hotels & Resorts is set to report its fourth-quarter financial results after the market closes on February 19, 2026, with analysts raising the price target from $11 to $12, indicating confidence despite an 8.63% dividend yield.
- RLJ Lodging Trust Update: Analyst Michael Bellisario downgraded RLJ Lodging Trust from Outperform to Neutral on October 3, 2025, cutting the price target from $9 to $7.5, which could influence investor perceptions of the stock, even with a 7.79% dividend yield.
See More
PARK HOTELS & RESORTS INC. DISCLOSES TAX IMPLICATIONS FOR 2025 DIVIDENDS
- Announcement of Dividend: Park Hotels & Resorts Inc. has announced a dividend for the year 2025.
- Details of the Dividend: The specifics regarding the amount and payment schedule of the dividend have been outlined in the announcement.
See More
REITs Show Strong Q1-Q3 2025 Performance with 6.2% FFO Growth
- Operational Performance: According to Nareit's report, REITs demonstrated strong operational performance in the first three quarters of 2025, with funds from operations (FFO) increasing by 6.2% year-over-year, indicating resilience and profitability in the sector.
- Dividend Growth: The sector also saw a 6.3% year-over-year increase in dividend payouts, reflecting the stability of company earnings and potentially attracting more capital inflows into the REIT market.
- Market Expectation Adjustments: Cohen & Steers noted that despite the strong performance, weaker-than-expected demand and disappointing fundamentals in 2026 are likely to lead to rising cap rates and declining asset values, prompting investors to approach the market with caution.
- Short Selling Trends: Ahead of the upcoming earnings season, Seeking Alpha compiled short interest data for REIT stocks with market caps over $2 billion, revealing that Medical Properties Trust (MPW) has the highest short interest at 25.09%, indicating significant pessimism among investors regarding this asset class.
See More
Brandywine Realty Trust Downgraded, Dividend Yield at 10.63%
- Analyst Rating Change: Keybanc analyst Todd Thomas downgraded Brandywine Realty Trust from Overweight to Sector Weight on December 4, 2025, reflecting a cautious outlook that may lead to decreased investor confidence.
- Market Reaction: JP Morgan analyst Anthony Paolone downgraded the stock from Neutral to Underweight on November 24, 2025, indicating concerns over its high dividend yield, which could negatively impact stock performance.
- Industry Dynamics: Versant Media Group Inc. replaced Brandywine Realty Trust in the S&P SmallCap 600 on January 6, 2026, suggesting a decline in market attention towards Brandywine, potentially affecting its liquidity.
- Other Company Performance: Park Hotels & Resorts Inc. announced the sale of non-core properties for about $198 million on December 9, 2025, highlighting a trend of asset restructuring in the real estate sector that may influence investor comparisons with Brandywine.
See More
Park Hotels & Resorts Declares $1 Dividend Per Share with Ex-Date of December 31, 2025
- Dividend Payment Status: Park Hotels & Resorts Inc currently pays an annual dividend of $1 per share, distributed quarterly, demonstrating the company's ability to maintain stable cash flow, although volatility in the REIT sector may impact future payments.
- Investor Interest: REITs attract many dividend-seeking investors due to the requirement to distribute at least 90% of taxable income to shareholders annually, which, while offering high yields, also introduces payment uncertainty that can affect investor confidence.
- Historical Dividend Analysis: The report emphasizes that studying a company's past dividend history is crucial for assessing the sustainability of the latest dividend, particularly in the REIT sector, where past performance can provide significant insights into future payouts.
- Market Reaction: While the current dividend level appeals to value investors, concerns about overall volatility and profitability in the REIT sector may influence long-term investor confidence and decision-making.
See More
Matthew 25 Management Acquires 373,500 Shares of Park Hotels for $4.22 Million
- Share Acquisition: Matthew 25 Management disclosed a purchase of 373,500 shares of Park Hotels & Resorts for approximately $4.22 million during the quarter ended September 30, increasing its total holdings to 475,000 shares with a market value of $5.26 million, indicating confidence in the company's potential.
- Market Performance: As of Monday, Park Hotels shares were priced at $10.80, reflecting a 27% decline over the past year, significantly underperforming the S&P 500's 16% gain, which suggests market caution regarding its future outlook.
- Financial Condition: In the third quarter, Park Hotels reported adjusted EBITDA of $130 million, down from the previous year, although management anticipates a 12% increase in fourth-quarter group revenue, indicating potential recovery.
- Liquidity Enhancement: The company expanded its revolver to $1 billion and secured up to $800 million in delayed-draw term loans, raising total liquidity to approximately $2.1 billion, providing a buffer against market fluctuations.
See More
Brandywine Realty Trust Downgraded, Dividend Yield at 15.18%
- Analyst Rating Changes: Keybanc analyst Todd Thomas downgraded Brandywine Realty Trust from Overweight to Sector Weight on December 4, 2025, with a 57% accuracy rate, potentially diminishing investor confidence in the stock.
- Market Reaction: JP Morgan analyst Anthony Paolone downgraded the stock from Neutral to Underweight on November 24, 2025, with a 63% accuracy rate, which may exacerbate negative sentiment in the market and affect its stock performance.
- Earnings Forecast: Park Hotels & Resorts is set to report its fourth-quarter financial results after the market closes on February 19, 2026, with analysts raising the price target from $11 to $12, indicating confidence despite an 8.63% dividend yield.
- RLJ Lodging Trust Update: Analyst Michael Bellisario downgraded RLJ Lodging Trust from Outperform to Neutral on October 3, 2025, cutting the price target from $9 to $7.5, which could influence investor perceptions of the stock, even with a 7.79% dividend yield.
See More
PARK HOTELS & RESORTS INC. DISCLOSES TAX IMPLICATIONS FOR 2025 DIVIDENDS
- Announcement of Dividend: Park Hotels & Resorts Inc. has announced a dividend for the year 2025.
- Details of the Dividend: The specifics regarding the amount and payment schedule of the dividend have been outlined in the announcement.
See More
REITs Show Strong Q1-Q3 2025 Performance with 6.2% FFO Growth
- Operational Performance: According to Nareit's report, REITs demonstrated strong operational performance in the first three quarters of 2025, with funds from operations (FFO) increasing by 6.2% year-over-year, indicating resilience and profitability in the sector.
- Dividend Growth: The sector also saw a 6.3% year-over-year increase in dividend payouts, reflecting the stability of company earnings and potentially attracting more capital inflows into the REIT market.
- Market Expectation Adjustments: Cohen & Steers noted that despite the strong performance, weaker-than-expected demand and disappointing fundamentals in 2026 are likely to lead to rising cap rates and declining asset values, prompting investors to approach the market with caution.
- Short Selling Trends: Ahead of the upcoming earnings season, Seeking Alpha compiled short interest data for REIT stocks with market caps over $2 billion, revealing that Medical Properties Trust (MPW) has the highest short interest at 25.09%, indicating significant pessimism among investors regarding this asset class.
See More
Brandywine Realty Trust Downgraded, Dividend Yield at 10.63%
- Analyst Rating Change: Keybanc analyst Todd Thomas downgraded Brandywine Realty Trust from Overweight to Sector Weight on December 4, 2025, reflecting a cautious outlook that may lead to decreased investor confidence.
- Market Reaction: JP Morgan analyst Anthony Paolone downgraded the stock from Neutral to Underweight on November 24, 2025, indicating concerns over its high dividend yield, which could negatively impact stock performance.
- Industry Dynamics: Versant Media Group Inc. replaced Brandywine Realty Trust in the S&P SmallCap 600 on January 6, 2026, suggesting a decline in market attention towards Brandywine, potentially affecting its liquidity.
- Other Company Performance: Park Hotels & Resorts Inc. announced the sale of non-core properties for about $198 million on December 9, 2025, highlighting a trend of asset restructuring in the real estate sector that may influence investor comparisons with Brandywine.
See More
Park Hotels & Resorts Declares $1 Dividend Per Share with Ex-Date of December 31, 2025
- Dividend Payment Status: Park Hotels & Resorts Inc currently pays an annual dividend of $1 per share, distributed quarterly, demonstrating the company's ability to maintain stable cash flow, although volatility in the REIT sector may impact future payments.
- Investor Interest: REITs attract many dividend-seeking investors due to the requirement to distribute at least 90% of taxable income to shareholders annually, which, while offering high yields, also introduces payment uncertainty that can affect investor confidence.
- Historical Dividend Analysis: The report emphasizes that studying a company's past dividend history is crucial for assessing the sustainability of the latest dividend, particularly in the REIT sector, where past performance can provide significant insights into future payouts.
- Market Reaction: While the current dividend level appeals to value investors, concerns about overall volatility and profitability in the REIT sector may influence long-term investor confidence and decision-making.
See More
Matthew 25 Management Acquires 373,500 Shares of Park Hotels for $4.22 Million
- Share Acquisition: Matthew 25 Management disclosed a purchase of 373,500 shares of Park Hotels & Resorts for approximately $4.22 million during the quarter ended September 30, increasing its total holdings to 475,000 shares with a market value of $5.26 million, indicating confidence in the company's potential.
- Market Performance: As of Monday, Park Hotels shares were priced at $10.80, reflecting a 27% decline over the past year, significantly underperforming the S&P 500's 16% gain, which suggests market caution regarding its future outlook.
- Financial Condition: In the third quarter, Park Hotels reported adjusted EBITDA of $130 million, down from the previous year, although management anticipates a 12% increase in fourth-quarter group revenue, indicating potential recovery.
- Liquidity Enhancement: The company expanded its revolver to $1 billion and secured up to $800 million in delayed-draw term loans, raising total liquidity to approximately $2.1 billion, providing a buffer against market fluctuations.
See More
