Park Hotels & Resorts Inc. PK Food and beverage — Cost of Goods Sold

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Questions, answered.

What is Park Hotels & Resorts Inc.'s food and beverage — cost of goods sold?

Park Hotels & Resorts Inc. (PK) reported food and beverage — cost of goods sold of $122M in Q1 2026.

How has Park Hotels & Resorts Inc.'s food and beverage — cost of goods sold changed year-over-year?

Park Hotels & Resorts Inc.'s food and beverage — cost of goods sold decreased by 0.8% year-over-year, from $123M to $122M.

What is the long-term trend for Park Hotels & Resorts Inc.'s food and beverage — cost of goods sold?

Over 4 years (2021 to 2025), Park Hotels & Resorts Inc.'s food and beverage — cost of goods sold has grown at a 23.1% compound annual growth rate (CAGR), from $208M to $478M.

What does food and beverage — cost of goods sold mean?

This metric captures the direct costs associated with producing and delivering food and beverage services, including the cost of ingredients, beverages, and direct labor required for service execution. It is a primary measure of the variable costs incurred to support the hospitality segment's revenue generation. Analyzing this cost relative to segment revenue provides insight into the operational efficiency and margin management of the company's dining and catering business.