Park Hotels & Resorts PK
NYSE PK
$15.36 +0.09 (+0.56%)
As of: Sep 10, 2026 · 10:22 AM EDT

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

Historic Data

Download Data
DateValue
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