How Park Hotels & Resorts makes money

Period

FY2025

How does Park Hotels & Resorts make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Park Hotels & Resorts Inc. Common Stock · FY2025 · year ended 2025-12-31

Revenue$2.5BNet loss$276M · 11%Cost of revenue$0 · 0%Gross profit$2.5B · 100%Operating expenses$2.6B · 101%SG&A$72M · 3%Selling & marketing$41M · 2%Other opex$2.5B · 97%Other expense$243M · 10%Occupancy$1.5B · 59%Food & Beverage$685M · 27%Ancillary Hotel$259M · 10%Hotel Other$92M · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.