Park Hotels & Resorts (PK) Restructuring Costs (2019 - 2020)
Park Hotels & Resorts' (PK) quarterly Restructuring Costs came in at $9.0 million in Q3 2020, down 84.75% year-over-year from $59.0 million in Q4 2019, and up 80.0% quarter-over-quarter from $5.0 million in Q4 2019.
Analysis
Park Hotels & Resorts (PK) Restructuring Costs (2019 - 2020) Analysis & Trends
Park Hotels & Resorts (PK) has reported Restructuring Costs for 2 consecutive years, with $9.0 million the latest figure, recorded in Q3 2020.
- On a quarterly basis, Restructuring Costs fell 84.75% year-over-year to $9.0 million in Q3 2020; TTM through Dec 2021 was $9.0 million, a 87.67% decrease from a year earlier, with the FY2020 full-year figure at $10.0 million, down 85.71% from the prior year.
- Restructuring Costs was $9.0 million for Q3 2020 at Park Hotels & Resorts, up from $5.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $59.0 million in Q3 2019 and troughed at $5.0 million in Q4 2019.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.74 Bn | 7.38 Bn | 364.88 Mn |
| 2 | Apple Hospitality REIT | 3.66 Bn | 3.65 Bn | 174.97 Mn |
| 3 | Park Hotels & Resorts | 3.05 Bn | 2.79 Bn | 232.00 Mn |
| 4 | DiamondRock Hospitality | 2.47 Bn | 2.37 Bn | 123.23 Mn |
| 5 | Sunstone Hotel Investors | 2.03 Bn | 1.83 Bn | 242.17 Mn |
| 6 | Pebblebrook Hotel Trust | 2.01 Bn | 1.75 Bn | 154.61 Mn |
| 7 | RLJ Lodging Trust | 1.62 Bn | 687.14 Mn | - |
| 8 | Xenia Hotels & Resorts | 1.62 Bn | 1.51 Bn | 97.24 Mn |
| 9 | Chatham Lodging Trust | 599.72 Mn | 588.37 Mn | 84.71 Mn |
| 10 | Summit Hotel Properties | 589.32 Mn | 552.39 Mn | 138.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 9.00 Mn |
| Dec 31, 2019 | 5.00 Mn |
| Sep 30, 2019 | 59.00 Mn |