# Park Hotels Slumps After Q3 Earnings Beat

> Park Hotels & Resorts shares drop 5.9% despite strong Q3 earnings beat.
- Title: Park Hotels Slumps After Q3 Earnings Beat | Shortify
- Summary: Park Hotels & Resorts shares drop 5.9% despite strong Q3 earnings beat. Park Hotels & Resorts reported a Q3 2026 adjusted FFO EPS of $0.39 but shares fell…
- Keywords: park hotels, q3 2026, ffo eps, revenue decline, stock price drop, hotel reit, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/park-hotels-resorts-falls-5-9-after-q3-2026-widening-loss
- Author: AlphaStreet Newsdesk
- Published: 2026-11-05T21:25:28+00:00
- Read time: 1 min
- Topics: park hotels, q3 2026, ffo eps, revenue decline, stock price drop, hotel reit
## Q3 2026 Earnings Beat
Park Hotels & Resorts reported adjusted FFO EPS of $0.39 for Q3 2026.
## Revenue Decline
Q3 revenue fell 1.2% year-over-year to $602.0 million.
## Group Bookings Surge
2027 group revenue on books reached $3.9 million, matching 2024 pace with 40% higher ADR.

> At the end of the third quarter, 2027 group revenue on the books totaled approximately $3.9 million, already matching the comparable pace for 2024, the hotel’s best year, with an average daily rate that is $136 higher or up nearly 40%
## Stock Reaction
Shares dropped 5.9% to $15.96 after Q3 report.
## Key takeaway

Park Hotels & Resorts reported a Q3 2026 adjusted FFO EPS of $0.39 but shares fell 5.9% to $15.96 after revenue declined 1.2% year-over-year.