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Park Hotels & Resorts Raises FY2026 FFO Guidance from $1.73-$1.89 to $1.74-$1.90 vs $1.84 Est

Benzinga·04/30/2026 20:17:59
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Full-Year 2026 Outlook

Park expects full-year 2026 operating results to be as follows:

(unaudited, dollars in millions, except per share amounts and RevPAR)   Full-Year 2026 Outlook 

as of April 30, 2026
  Full-Year 2026 Outlook 

as of February 19, 2026
  Change at 

Midpoint
Metric   Low   High   Low   High  
                     
RevPAR   $ 192     $ 196     $ 190     $ 194     $ 2  
RevPAR change vs. 2025     0.5 %     2.5 %     0.0 %     2.0 %   50 bps
                     
Net income   $ 66     $ 96     $ 69     $ 99     $ (3 )
Net income attributable to stockholders   $ 58     $ 88     $ 62     $ 92     $ (4 )
Earnings per share – Diluted(1)   $ 0.29     $ 0.44     $ 0.31     $ 0.46     $ (0.02 )
                     
Adjusted EBITDA   $ 587     $ 617     $ 580     $ 610     $ 7  
Adjusted FFO per share – Diluted(1)   $ 1.74     $ 1.90     $ 1.73     $ 1.89     $ 0.01