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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 2026
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Park Hotels & Resorts Inc.
(Exact name of Registrant as Specified in Its Charter)
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| Delaware | 001-37795 | 36-2058176 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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1775 Tysons Blvd., 7th Floor, Tysons, VA | | 22102 |
| (Address of Principal Executive Offices) | | (Zip Code) |
(571) 302-5757
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
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| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class | Trading Symbol | Name of each exchange on which registered |
| Common Stock, $0.01 par value per share | PK | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 1.02. Termination of a Material Definitive Agreement.
On September 30, 2026, Park Hotels & Resorts Inc. (the “Company”) used proceeds from the Company’s previously disclosed $700 million delayed-draw Bonnet Creek mortgage financing and a $600 million draw from its previously disclosed unsecured delayed-draw term loan facility to repay in full the $1.275 billion outstanding, and terminate its obligations, under the loan agreement secured by the Hilton Hawaiian Village Waikiki Beach Resort (“HHV Mortgage Loan”), dated as of October 24, 2016, by and among Hilton Hawaiian Village LLC, as borrower, Hilton Hawaiian Village Lessee LLC, as operating lessee, and the lenders party thereto, which HHV Mortgage Loan provided for a scheduled maturity date of November 1, 2026.
Certain of the lenders under the HHV Mortgage Loan or their affiliates may provide the Company or its subsidiaries certain commercial banking, financial advisory, and investment banking services in the ordinary course, for which they may receive customary fees and commissions.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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| Park Hotels & Resorts Inc. |
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Date: September 30, 2026 | By: | /s/ Sean M. Dell’Orto |
| | Sean M. Dell’Orto |
| | Executive Vice President, Chief Operating Officer, Chief Financial Officer and Treasurer |
