Park Hotels & Resorts (PK) Operating Leases (2019 - 2026)

Park Hotels & Resorts (PK) reported 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 8 years of Operating Leases data on file, last reported at $207.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $207.0 million, down 6.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $207.0 million (down 6.76% YoY), and the FY2025 annual result was $209.0 million, down 7.11% from the prior year.
  • Operating Leases retreated to $207.0 million in Q1 2026 per PK's latest filing, from $209.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $250.0 million in Q1 2022 and troughed at $207.0 million in Q1 2026.
  • A 5-year average of $224.9 million and a median of $223.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases grew 4.74% in 2022, then slipped 7.69% in 2023.
  • A 5-year view of Operating Leases shows it stood at $234.0 million in 2022, then dropped by 4.7% to $223.0 million in 2023, then rose by 0.9% to $225.0 million in 2024, then dropped by 7.11% to $209.0 million in 2025, then slipped 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 7.50 Bn 7.12 Bn 290.28 Mn
2 Apple Hospitality REIT 3.69 Bn 3.68 Bn 130.80 Mn
3 Park Hotels & Resorts 2.80 Bn 2.58 Bn 525.00 Mn
4 DiamondRock Hospitality 2.37 Bn 2.34 Bn 248.91 Mn
5 Sunstone Hotel Investors 2.16 Bn 2.00 Bn 226.95 Mn
6 Pebblebrook Hotel Trust 1.91 Bn 1.81 Bn 113.57 Mn
7 Xenia Hotels & Resorts 1.70 Bn 1.65 Bn 99.84 Mn
8 RLJ Lodging Trust 1.58 Bn 1.24 Bn -
9 Summit Hotel Properties 606.83 Mn 612.28 Mn 148.71 Mn
10 Chatham Lodging Trust 558.19 Mn 571.00 Mn 67.74 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 236.00 Mn