Park Hotels & Resorts shared its third-quarter results, showing an 8.4% rise in revenue per available room.

Nov 5, 2026, 12:27 PM ETResultsRead the original at Benzinga

Good for PK

PK's hotel room revenue per available room rose 8.4%, and the company raised its full-year forecast as demand grew. Three hurricanes hurt Hawaii, and net debt was $3.7 billion, but growth despite the storms and the higher forecast point to improvement.

PK · Park Hotels & Resorts

AI read · Good for PK

The AI's read

More travelers and group bookings lifted hotels across resort, city, airport, and suburban markets. Hawaii still grew despite three hurricanes. Selling 11 hotels brought in $220 million and lets PK focus on its stronger properties. Renovations and faster group bookings support future results. The company also reported $1.3 billion in liquidity, though its $3.7 billion in net debt remains a concern.

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