Park Hotels & Resorts (PK) Construction in Progress (2016 - 2026)
Park Hotels & Resorts' (PK) quarterly Construction in Progress came in at $237.0 million in Q2 2026, up 80.92% year-over-year from $131.0 million in Q2 2025, and up 17.91% quarter-over-quarter from $201.0 million in Q1 2026.
Analysis
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 $237.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Construction in Progress rose 80.92% year-over-year to $237.0 million in Q2 2026; TTM through Jun 2026 was $237.0 million, a 80.92% 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 was $237.0 million for Q2 2026 at Park Hotels & Resorts, up from $201.0 million in the prior quarter.
- Over five years, Construction in Progress peaked at $341.0 million in Q4 2023 and troughed at $82.0 million in Q1 2022.
- A 5-year average of $199.2 million and a median of $206.0 million in 2022 frame the typical range for Construction in Progress.
- Across the five-year window, Construction in Progress surged 157.32% in 2023 and slumped 58.33% in 2025, its largest moves.
- Over 5 years, Construction in Progress stood at $201.0 million in 2022, then jumped by 69.65% to $341.0 million in 2023, then plunged by 55.43% to $152.0 million in 2024, then surged by 63.82% to $249.0 million in 2025, then decreased by 4.82% to $237.0 million in 2026.
- The last three Construction in Progress figures came in at $237.0 million (Q2 2026), $201.0 million (Q1 2026), and $249.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.72 Bn | 7.36 Bn | 364.88 Mn | - |
| 2 | Apple Hospitality REIT | 3.68 Bn | 3.67 Bn | 174.97 Mn | - |
| 3 | Park Hotels & Resorts | 3.07 Bn | 2.81 Bn | 232.00 Mn | 237.00 Mn |
| 4 | DiamondRock Hospitality | 2.50 Bn | 2.39 Bn | 123.23 Mn | - |
| 5 | Pebblebrook Hotel Trust | 2.04 Bn | 1.78 Bn | 154.61 Mn | - |
| 6 | Sunstone Hotel Investors | 2.04 Bn | 1.83 Bn | 242.17 Mn | - |
| 7 | RLJ Lodging Trust | 1.64 Bn | 701.38 Mn | - | - |
| 8 | Xenia Hotels & Resorts | 1.62 Bn | 1.51 Bn | 97.24 Mn | - |
| 9 | Chatham Lodging Trust | 602.51 Mn | 591.17 Mn | 84.71 Mn | - |
| 10 | Summit Hotel Properties | 594.03 Mn | 557.10 Mn | 138.35 Mn | - |
Historic Data
Download Data
Historic 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 |