Park Hotels & Resorts Q1 Revenue Beats Street View On Leisure Demand Growth
Park Hotels & Resorts Inc (NYSE:PK) reported first-quarter FY21 sales growth of 190% year-on-year to $479 million, beating the consensus of $422.93 million. Pro-forma revenue per available room (RevPAR) increased 181.7% to $116.42 and decreased 32.8% from the same period in 2019. The operating expenses rose 66% Y/Y to $478 million. Park Hotels…
Benzinga ·
Benzinga
