PK Park Hotels & Resorts Inc. - 10-Q - (2025-11-03)

Park Hotels & Resorts Inc. (PK) Q3 2025 results show a significant downturn in profitability compared to the prior year. The company reported a Q3 Net Loss attributable to stockholders of \((\\)16)\( million (Diluted EPS of \)($0.08)\(), reversing a Q3 2024 profit of \)$54\( million. Nine-month performance swung from a \)$146\( million net income in 2024 to a substantial net loss year-to-date, driven partly by a \)$70\( million impairment charge recognized in Q3, bringing YTD impairment losses to \)$82$ million. Revenues and Operating Income also declined sequentially.

The Balance Sheet contracted,

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