Name | Value |
---|---|
Revenues | 649.0M |
Cost of Revenue | 219.0M |
Gross Profit | 430.0M |
Operating Expense | 17.0M |
Operating I/L | 95.0M |
Other Income/Expense | -36.0M |
Interest Income | 6.0M |
Pretax | 59.0M |
Income Tax Expense | -2.0M |
Net Income/Loss | 54.0M |
Park is a leading publicly traded lodging REIT, boasting a diverse portfolio of 60 premium-branded hotels and resorts with over 33,000 rooms. The company's properties are strategically located in prime city center and resort destinations, offering a wide range of market-leading accommodations. Park generates revenue through the operation of its hotels and resorts, leveraging their significant underlying real estate value to drive profitability and sustained growth in the hospitality industry.