Park Hotels & Resorts Inc. PK Cost Of Other Property Operating Expense
Cost Of Other Property Operating Expense at other companies
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Where this comes from
Reported directly by Park Hotels & Resorts Inc. in its filing.
Tagged under the XBRL concept us-gaap:CostOfOtherPropertyOperatingExpense.
The official record: Park Hotels & Resorts Inc.’s 10-Q, filed May 5, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Park Hotels & Resorts Inc.'s cost of other property operating expense?
- Park Hotels & Resorts Inc. (PK) reported cost of other property operating expense of $57M in Q1 2025.
- How has Park Hotels & Resorts Inc.'s cost of other property operating expense changed year-over-year?
- Park Hotels & Resorts Inc.'s cost of other property operating expense increased by 9.6% year-over-year, from $52M to $57M.
- What is the long-term trend for Park Hotels & Resorts Inc.'s cost of other property operating expense?
- Over 3 years (2021 to 2024), Park Hotels & Resorts Inc.'s cost of other property operating expense has grown at a 6.5% compound annual growth rate (CAGR), from $191M to $231M.
- What does cost of other property operating expense mean?
- This metric represents the operating costs associated with non-core property assets or ancillary revenue streams outside of primary hotel room operations. It captures the expenses incurred to maintain and manage secondary property interests that do not fall under standard room or food and beverage categories. Monitoring this helps investors understand the efficiency of secondary asset management and its impact on overall property-level margins.