Park Hotels & Resorts (FRA:HIP) Purchase Of Property, Plant, Equipment : €-264 Mil (TTM As of Dec. 2023)

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What is Park Hotels & Resorts Purchase Of Property, Plant, Equipment?

Park Hotels & Resorts's purchase of property, plant, equipment for the three months ended in Dec. 2023 was €-83 Mil. It means Park Hotels & Resorts spent €83 Mil on purchasing property, plant, equipment. Park Hotels & Resorts's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Dec. 2023 was €-264Mil.

Compared with last quarter (€-67 Mil in Sep. 2023 ), Park Hotels & Resorts spent more money on purchasing property, plant, equipment in Dec. 2023 (€-83 Mil).

Park Hotels & Resorts Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for Park Hotels & Resorts's Purchase Of Property, Plant, Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Park Hotels & Resorts Purchase Of Property, Plant, Equipment Chart

Park Hotels & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Property, Plant, Equipment

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-216.00

-70.69

-47.79

-158.59

-261.35

Park Hotels & Resorts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-60.42	-50.44	-64.61	-66.53	-82.53

Park Hotels & Resorts Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-264 Mil.

Park Hotels & Resorts Purchase Of Property, Plant, Equipment Related Terms

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Park Hotels & Resorts (FRA:HIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Park Hotels & Resorts Inc (FRA:HIP) » Definitions » Purchase Of Property, Plant, Equipment

Comparable Companies

Traded in Other Exchanges

PK:USA HIP:Germany

Address

1775 Tysons Boulevard, 7th Floor, Tysons, VA, USA, 22102

Website

https://www.pkhotelsandresorts.com

Park Hotels & Resorts owns upper-upscale and luxury hotels with 26,373 rooms across 41 hotels in the United States. Park also has interests through joint ventures in another 2,656 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.

Park Hotels & Resorts (FRA:HIP) Headlines

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