Park Hotels & Resorts Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
For the six months, sales was USD 824 million compared to USD 725 million a year ago. Revenue was USD 1,362 million compared to USD 1,174 million a year ago. Net loss was USD 117 million compared to net income of USD 93 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to basic earnings per share from continuing operations of USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to diluted earnings per share from continuing operations of USD 0.4 a year ago.