Every 8-K that Park Hotels & Resorts (PK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PK filings page.
Park Hotels & Resorts Inc. (PK) reported the departure of Thomas C. Morey as Executive Vice President and Chief Investment Officer, effective September 8, 2026. On September 9, 2026, Mr. Morey entered into a Separation Agreement and Release with the company.
Subject to a seven-day revocation period and his ongoing compliance with the Executive Severance Plan, he will receive the severance payments and benefits provided for an Executive Vice President whose employment is terminated without “cause.” His severance is contingent on obligations such as non-solicitation and non-competition covenants for 12 months after his separation date, and he has agreed to a general release of claims against the company.
Park Hotels & Resorts Inc. (PK) approved one-time retention restricted stock awards for certain executive officers to address leadership transition and recruiting risks and to align incentives with long-term stockholder value creation. The grants include 331,564 shares to President and CEO Thomas J. Baltimore, Jr., 165,782 shares to EVP, COO, CFO and Treasurer Sean M. Dell’Orto, 99,469 shares to EVP, Design and Construction Carl A. Mayfield, and 66,312 shares to EVP, General Counsel and Secretary Nancy M. Vu. Each award vests in full on the fourth anniversary of the grant date, generally subject to continued employment, with accelerated or prorated vesting in specified cases such as certain terminations without cause, retirement after one year, change in control, death, or disability.
Park Hotels & Resorts Inc. reported stronger second‑quarter 2026 results, with Comparable RevPAR $216.87, up 5.8% year over year, and Core RevPAR $233.49, up 6.0% (7.1% excluding the renovated Royal Palm). Net income was $50 million and Adjusted EBITDA $198 million, up 8.6%.
Performance was led by resorts including Hilton Hawaiian Village (RevPAR +12%), the Bonnet Creek complex (+13%) and Casa Marina Key West (+14%). Park exited four Non‑Core hotels for about $65 million, ended the quarter with $2.6 billion of liquidity and $3.735 billion of Net Debt, invested $64 million in capital projects, and paid and declared quarterly dividends of $0.25 per share. Full‑year 2026 guidance was raised, with Adjusted EBITDA now expected at $617–$637 million and Adjusted FFO per share at $1.90–$2.00.
Park Hotels & Resorts Inc. reported first-quarter 2026 results showing modest top-line growth and a return to profitability. Comparable RevPAR was $191.05, up 2.2% year over year, and Core RevPAR was $210.52, up 1.5%. Net income was $12 million, or diluted EPS of $0.05, compared with a loss of $57 million or $(0.29) a year earlier, while Adjusted EBITDA held essentially flat at $143 million. Diluted Adjusted FFO per share was $0.45 versus $0.46 in 2025. The company invested $83 million in hotel capital improvements, sold two Non-Core hotels for about $31 million, and arranged a new $700 million delayed draw mortgage loan on its Bonnet Creek complex to help address 2026 debt maturities. Liquidity was about $2.0 billion, with Net Debt of roughly $3.8 billion. For full-year 2026, Park now expects RevPAR of $192–$196, RevPAR growth of 0.5%–2.5%, Adjusted EBITDA of $587–$617 million and diluted Adjusted FFO per share of $1.74–$1.90, slightly above its prior outlook midpoints.
Park Hotels & Resorts Inc. held its 2026 annual meeting of stockholders, where investors elected nine directors to serve until the 2027 annual meeting. Each nominee, including Thomas J. Baltimore, Jr. and Patricia M. Bedient, received over 143 million votes in favor, with broker non-votes of 17,250,275 on each director proposal.
Stockholders also approved, on an advisory and non-binding basis, the compensation of the company’s named executive officers, with 134,492,488 votes for, 15,218,108 against, and 426,025 abstentions. In addition, stockholders ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 166,324,640 votes for, 866,633 against and 195,623 abstentions.
Park Hotels & Resorts Inc. reported fourth-quarter and full-year 2025 results showing solid operating performance but a GAAP loss driven by large non-cash write-downs on Non-Core assets. For 2025, Comparable RevPAR was $185.00 and Adjusted EBITDA was $609 million, while net loss attributable to stockholders was $283 million after $318 million of impairment expense.
Core hotels outperformed, with fourth-quarter Core RevPAR up 3.2% and Core Hotel Adjusted EBITDA up 13.1%, helped by strong group demand at key resorts and New York Hilton Midtown. Park recycled over $132 million of proceeds from six Non-Core hotel exits into nearly $300 million of 2025 capital projects and plans $230–$260 million of capex in 2026, including a major Royal Palm renovation. Liquidity was about $2.0 billion and Net Debt $3.7 billion at year-end. The company guided 2026 RevPAR to be flat to up 2%, Adjusted EBITDA of $580–$610 million, and Adjusted FFO per diluted share of $1.73–$1.89. Park also appointed Sean M. Dell’Orto as Chief Operating Officer while he continues as Executive Vice President, Chief Financial Officer and Treasurer, and increased long- and short-term incentive targets for senior executives.
Park Hotels & Resorts Inc. announced that it has posted an updated investor presentation on its website for use at conferences and meetings. The presentation, dated December 9, 2025, discusses the company’s progress in selling non-core hotels and how those sales affect its remaining portfolio. The presentation is furnished as Exhibit 99.1 to this report for informational purposes under Regulation FD and is not treated as filed under federal securities laws.
Park Hotels & Resorts Inc. (PK) furnished an 8-K to announce its results of operations for the third quarter ended September 30, 2025, and made supplemental portfolio and operating information available.
The company provided a press release and third‑quarter supplemental data as Exhibits 99.1 and 99.2. These materials were furnished under Item 2.02 and are not deemed filed under Section 18 of the Exchange Act.
Park Hotels & Resorts Inc. entered into a Second Amended and Restated Credit Agreement providing a $1 billion senior unsecured revolving credit facility, an existing $200 million 2024 term loan and a new senior unsecured delayed draw term loan facility of up to $800 million. The delayed draw term loan may be drawn in up to three tranches from September 17, 2025 to the first anniversary of that date and is expected to be used to refinance other outstanding debt. The revolving facility matures on September 17, 2029, while the 2025 term facility matures on January 2, 2030, each with extension options subject to conditions and fees. Pricing is tied to a leverage ratio, with interest based on a base rate or SOFR plus a margin, and includes commitment and ticking fees on unused amounts. The agreement adds up to $1 billion of incremental facility capacity, letter of credit availability and customary financial covenants and guarantees.