Park Hotels & Resorts (PK) Restructuring Costs (2019 - 2020)
Park Hotels & Resorts (PK) posted quarterly Restructuring Costs of $9.0 million for Q3 2020, down 84.75% year-over-year from $59.0 million in Q4 2019, and down 86.76% quarter-over-quarter from $68.0 million in Q4 2019.
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.
- In Q3 2020, Restructuring Costs fell 84.75% year-over-year to $9.0 million; the TTM figure through Dec 2021 stood at $9.0 million (down 93.38% YoY), while the FY2020 annual figure was $10.0 million, down 85.71% from the prior year.
- Restructuring Costs eased to $9.0 million in Q3 2020 per PK's latest filing, from $68.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $68.0 million in Q4 2019 and bottomed at $9.0 million in Q3 2020.
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 |
|---|---|
| Sep 30, 2020 | 9.00 Mn |
| Dec 31, 2019 | 68.00 Mn |
| Sep 30, 2019 | 59.00 Mn |