Park Hotels & Resorts (PK) Construction in Progress (2016 - 2026)
Park Hotels & Resorts (PK) posted quarterly Construction in Progress of $201.0 million for Q1 2026, up 82.73% year-over-year from $110.0 million in Q1 2025, and down 19.28% quarter-over-quarter from $249.0 million in Q4 2025.
Park Hotels & Resorts (PK) Construction in Progress (2016 - 2026) Analysis & Trends
Park Hotels & Resorts (PK) has reported Construction in Progress for 11 consecutive years, with $201.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Construction in Progress rose 82.73% year-over-year to $201.0 million; the TTM figure through Mar 2026 stood at $201.0 million (up 82.73% YoY), while the FY2025 annual figure was $249.0 million, up 63.82% from the prior year.
- Construction in Progress fell to $201.0 million in Q1 2026 per PK's latest filing, from $249.0 million in the prior quarter.
- Across five years, Construction in Progress topped out at $341.0 million in Q4 2023 and bottomed at $82.0 million in Q1 2022.
- Historically, Construction in Progress has averaged $197.0 million across 5 years, with a median of $201.0 million in 2022.
- Annual changes were most pronounced in 2023 — Construction in Progress soared 157.32% — and 2025, when it sank 58.33%.
- Park Hotels & Resorts' Construction in Progress stood at $201.0 million in 2022, then soared by 69.65% to $341.0 million in 2023, then plunged by 55.43% to $152.0 million in 2024, then jumped by 63.82% to $249.0 million in 2025, then decreased by 19.28% to $201.0 million in 2026.
- Business Quant data shows PK's Construction in Progress at $201.0 million in Q1 2026, $249.0 million in Q4 2025, and $183.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.10 Bn | 7.74 Bn | 364.88 Mn | - |
| 2 | Apple Hospitality REIT | 3.89 Bn | 3.88 Bn | 174.97 Mn | - |
| 3 | Park Hotels & Resorts | 3.16 Bn | 2.89 Bn | 232.00 Mn | 237.00 Mn |
| 4 | DiamondRock Hospitality | 2.60 Bn | 2.50 Bn | 123.23 Mn | - |
| 5 | Sunstone Hotel Investors | 2.08 Bn | 1.88 Bn | 242.17 Mn | - |
| 6 | Pebblebrook Hotel Trust | 2.07 Bn | 1.81 Bn | 154.61 Mn | - |
| 7 | Xenia Hotels & Resorts | 1.78 Bn | 1.67 Bn | 97.24 Mn | - |
| 8 | RLJ Lodging Trust | 1.70 Bn | 765.08 Mn | - | - |
| 9 | Service Properties Trust | 1.03 Bn | 1.02 Bn | 156.32 Mn | - |
| 10 | Summit Hotel Properties | 635.42 Mn | 598.48 Mn | 138.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 237.00 Mn |
| Mar 31, 2026 | 201.00 Mn |
| Dec 31, 2025 | 249.00 Mn |
| Sep 30, 2025 | 183.00 Mn |
| Jun 30, 2025 | 131.00 Mn |
| Mar 31, 2025 | 110.00 Mn |
| Dec 31, 2024 | 152.00 Mn |
| Sep 30, 2024 | 229.00 Mn |
| Jun 30, 2024 | 240.00 Mn |
| Mar 31, 2024 | 264.00 Mn |
| Dec 31, 2023 | 341.00 Mn |
| Sep 30, 2023 | 295.00 Mn |
| Jun 30, 2023 | 229.00 Mn |
| Mar 31, 2023 | 211.00 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 140.00 Mn |
| Jun 30, 2022 | 91.00 Mn |
| Mar 31, 2022 | 82.00 Mn |
| Dec 31, 2021 | 82.00 Mn |
| Sep 30, 2021 | 63.00 Mn |