Park Hotels & Resorts (PK) Operating Leases (2019 - 2026)
Park Hotels & Resorts (PK) posted quarterly Operating Leases of $207.0 million for Q1 2026, down 6.76% year-over-year from $222.0 million in Q1 2025, and down 0.96% quarter-over-quarter from $209.0 million in Q4 2025.
Park Hotels & Resorts (PK) Operating Leases (2019 - 2026) Analysis & Trends
Park Hotels & Resorts (PK) has reported Operating Leases for 8 consecutive years, with $207.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 6.76% year-over-year to $207.0 million; the TTM figure through Mar 2026 stood at $207.0 million (down 6.76% YoY), while the FY2025 annual figure was $209.0 million, down 7.11% from the prior year.
- Operating Leases declined to $207.0 million in Q1 2026 per PK's latest filing, from $209.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $250.0 million in Q1 2022 and bottomed at $207.0 million in Q1 2026.
- Historically, Operating Leases has averaged $224.9 million across 5 years, with a median of $223.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases grew 4.74% — and 2023, when it slipped 7.69%.
- Park Hotels & Resorts' Operating Leases stood at $234.0 million in 2022, then declined by 4.7% to $223.0 million in 2023, then gained by 0.9% to $225.0 million in 2024, then declined by 7.11% to $209.0 million in 2025, then dropped by 0.96% to $207.0 million in 2026.
- Business Quant data shows PK's Operating Leases at $207.0 million in Q1 2026, $209.0 million in Q4 2025, and $215.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.15 Bn | 7.78 Bn | 364.88 Mn |
| 2 | Apple Hospitality REIT | 3.89 Bn | 3.88 Bn | 174.97 Mn |
| 3 | Park Hotels & Resorts | 3.17 Bn | 2.90 Bn | 232.00 Mn |
| 4 | DiamondRock Hospitality | 2.62 Bn | 2.52 Bn | 123.23 Mn |
| 5 | Sunstone Hotel Investors | 2.09 Bn | 1.89 Bn | 242.17 Mn |
| 6 | Pebblebrook Hotel Trust | 2.09 Bn | 1.83 Bn | 154.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.79 Bn | 1.68 Bn | 97.24 Mn |
| 8 | RLJ Lodging Trust | 1.72 Bn | 780.07 Mn | - |
| 9 | Service Properties Trust | 1.04 Bn | 1.03 Bn | 156.32 Mn |
| 10 | Summit Hotel Properties | 645.89 Mn | 608.96 Mn | 138.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 187.00 Mn |
| Mar 31, 2026 | 207.00 Mn |
| Dec 31, 2025 | 209.00 Mn |
| Sep 30, 2025 | 215.00 Mn |
| Jun 30, 2025 | 219.00 Mn |
| Mar 31, 2025 | 222.00 Mn |
| Dec 31, 2024 | 225.00 Mn |
| Sep 30, 2024 | 212.00 Mn |
| Jun 30, 2024 | 215.00 Mn |
| Mar 31, 2024 | 218.00 Mn |
| Dec 31, 2023 | 223.00 Mn |
| Sep 30, 2023 | 225.00 Mn |
| Jun 30, 2023 | 228.00 Mn |
| Mar 31, 2023 | 231.00 Mn |
| Dec 31, 2022 | 234.00 Mn |
| Sep 30, 2022 | 243.00 Mn |
| Jun 30, 2022 | 247.00 Mn |
| Mar 31, 2022 | 250.00 Mn |
| Dec 31, 2021 | 227.00 Mn |
| Sep 30, 2021 | 232.00 Mn |