🏗️ Property

Royal Palm Miami

2 stories · First covered Mar 21, 2026 · Latest Mar 24
Related: Park Hotels & Resorts 2 Impairment charges 2 RevPAR 1 Hilton Hawaiian Village 1 Capital recycling 1 RevPAR Growth 1 hotel REIT 1 Adjusted FFO 1 Hilton Worldwide 1 Debt-to-equity ratio 1 Portfolio reshaping 1 Adjusted Hotel EBITDA 1
Hilton Worldwide
Owns Park Hotels & Resorts
Royal Palm Miami Coverage
Park Hotels Lost $277M Last Year and Guided Positive for 2026. Check the Math.
REITs Primary
Mar 24

Park Hotels Lost $277M Last Year and Guided Positive for 2026. Check the Math.

Park Hotels & Resorts posted a $277 million net loss in 2025, spent $300 million on renovations, and is now guiding for $69-99 million in net income this year. The gap between those numbers tells a story about capital recycling that every REIT investor should decompose before buying the narrative.

JC
Jordan Chen 3 min read · Mar 24
Park Hotels Lost $1.04 Per Share in Q4. The Core Portfolio Tells a Different Story.
REITs Primary
Mar 21

Park Hotels Lost $1.04 Per Share in Q4. The Core Portfolio Tells a Different Story.

Park Hotels & Resorts posted a massive Q4 miss driven by $248 million in impairment charges on non-core assets, but the headline obscures what's actually happening: a REIT deliberately burning down part of its portfolio to concentrate on properties generating 90% of its EBITDA.

JC
Jordan Chen 2 min read · Mar 21