Markets.News
In Tysons, Virginia, Park Hotels & Resorts Inc. (NYSE: PK) reported its second-quarter results for the period ending June 30, 2025. The company revealed that Comparable RevPAR stood at $195.68, indicating a decrease of (1.6)% compared to the corresponding period in 2024. This decline lessened to only (0.6)% when excluding the Royal Palm South Beach Miami, a Tribute Portfolio Resort ("Royal Palm"), which ceased operations in mid-May 2025. This operational update showcases the company's performance during the quarter.