Park Hotels & Resorts (PK) Construction in Progress (2016 - 2026)

Park Hotels & Resorts' (PK) quarterly Construction in Progress came in at $201.0 million in Q1 2026, up 82.73% year-on-year from $110.0 million in Q1 2025, and down 19.28% on a QoQ basis from $249.0 million in Q4 2025.

Park Hotels & Resorts (PK) Construction in Progress (2016 - 2026) Analysis & Trends

Park Hotels & Resorts (PK) has 11 years of Construction in Progress data on file, last reported at $201.0 million in Q1 2026.

  • On a quarterly basis, Construction in Progress rose 82.73% year-over-year to $201.0 million in Q1 2026; TTM through Mar 2026 was $201.0 million, a 82.73% increase from a year earlier, with the FY2025 full-year figure at $249.0 million, up 63.82% from the prior year.
  • Construction in Progress for Q1 2026 stood at $201.0 million, down from $249.0 million in the prior quarter.
  • Over the last five years, Construction in Progress for PK reached as high as $341.0 million in Q4 2023 and fell as low as $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.
  • Across the five-year window, Construction in Progress jumped 157.32% in 2023 and tumbled 58.33% in 2025, its largest moves.
  • Year by year, Construction in Progress stood at $201.0 million in 2022, then surged by 69.65% to $341.0 million in 2023, then plunged by 55.43% to $152.0 million in 2024, then soared by 63.82% to $249.0 million in 2025, then dropped by 19.28% to $201.0 million in 2026.
  • Per Business Quant data, the three most recent Construction in Progress figures were $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 8.12 Bn 7.74 Bn 290.28 Mn -
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn -
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn 201.00 Mn
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn -
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn -
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn -
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn -
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn - -
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn -
10 Summit Hotel Properties 730.53 Mn 1.08 Bn 148.71 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 48.00 Mn