Park Hotels & Resorts (PK) Operating Expenses (2016 - 2026)
Park Hotels & Resorts' (PK) quarterly Operating Expenses came in at $583.0 million in Q2 2026, down 6.57% year-over-year from $624.0 million in Q2 2025, and up 4.29% quarter-over-quarter from $559.0 million in Q1 2026.
Analysis
Park Hotels & Resorts (PK) Operating Expenses (2016 - 2026) Analysis & Trends
Park Hotels & Resorts (PK) has reported Operating Expenses for 11 consecutive years, with $583.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 6.57% year-over-year to $583.0 million in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 4.8% increase from a year earlier, with the FY2025 full-year figure at $2.6 billion, up 15.73% from the prior year.
- Operating Expenses was $583.0 million for Q2 2026 at Park Hotels & Resorts, up from $559.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $812.0 million in Q2 2023 and troughed at $478.0 million in Q1 2022.
- A 5-year average of $603.4 million and a median of $582.0 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 65.97% in 2022 and decreased 28.57% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $581.0 million in 2022, then grew by 3.61% to $602.0 million in 2023, then dropped by 5.98% to $566.0 million in 2024, then soared by 42.05% to $804.0 million in 2025, then slipped by 27.49% to $583.0 million in 2026.
- The last three Operating Expenses figures came in at $583.0 million (Q2 2026), $559.0 million (Q1 2026), and $804.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.73 Bn | 7.36 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.67 Bn | 3.66 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.07 Bn | 2.81 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.49 Bn | 2.39 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.04 Bn | 1.84 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.03 Bn | 1.77 Bn | 154.61 Mn | 349.90 Mn |
| 7 | RLJ Lodging Trust | 1.64 Bn | 707.37 Mn | - | 327.47 Mn |
| 8 | Xenia Hotels & Resorts | 1.64 Bn | 1.53 Bn | 97.24 Mn | 295.46 Mn |
| 9 | Chatham Lodging Trust | 607.18 Mn | 595.84 Mn | 84.71 Mn | 72.42 Mn |
| 10 | Summit Hotel Properties | 588.80 Mn | 551.86 Mn | 138.35 Mn | 170.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 583.00 Mn |
| Mar 31, 2026 | 559.00 Mn |
| Dec 31, 2025 | 804.00 Mn |
| Sep 30, 2025 | 567.00 Mn |
| Jun 30, 2025 | 624.00 Mn |
| Mar 31, 2025 | 639.00 Mn |
| Dec 31, 2024 | 566.00 Mn |
| Sep 30, 2024 | 569.00 Mn |
| Jun 30, 2024 | 580.00 Mn |
| Mar 31, 2024 | 561.00 Mn |
| Dec 31, 2023 | 602.00 Mn |
| Sep 30, 2023 | 594.00 Mn |
| Jun 30, 2023 | 812.00 Mn |
| Mar 31, 2023 | 583.00 Mn |
| Dec 31, 2022 | 581.00 Mn |
| Sep 30, 2022 | 584.00 Mn |
| Jun 30, 2022 | 575.00 Mn |
| Mar 31, 2022 | 478.00 Mn |
| Dec 31, 2021 | 449.00 Mn |
| Sep 30, 2021 | 426.00 Mn |