Park Hotels raises FY2026 RevPAR outlook to USD 198-201
Reuters2026/08/06 21:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Park Hotels raised its full-year 2026 outlook on second-quarter outperformance, citing strong early third-quarter demand across its portfolio.
- RevPAR forecast lifted to USD 198-201, implying 3%-4.5% growth vs 2025, up from USD 192-196, or 0.5%-2.5% growth.
- Adjusted EBITDA outlook increased to USD 617-637 from USD 587-617; adjusted FFO per diluted share lifted to USD 1.9-2 from USD 1.74-1.9.
- Net income seen at USD 78-98, up from USD 66-96; diluted EPS forecast at USD 0.35-0.45, up from USD 0.29-0.44.
- Guidance assumes 30 bps World Cup benefit offset by 30 bps Royal Palm renovation impact; includes USD 13 million incremental interest expense from refinancing.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Park Hotels & Resorts Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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