Park Hotels & Resorts Inc.'s SEC filings document formal disclosures for a lodging REIT that owns premium-branded hotels and resorts. Recent Form 8-K reports furnish quarterly and annual operating results, supplemental portfolio information, RevPAR and hotel performance data, non-core disposition updates, and Regulation FD presentations describing portfolio changes.
The filing record also covers annual meeting results, definitive proxy materials, director elections, executive compensation, stockholder voting matters, and officer appointments. Capital-structure disclosures include a second amended and restated credit agreement involving Park Intermediate Holdings LLC, with senior unsecured revolving and term loan facilities, alongside related debt and refinancing information.
Park Hotels & Resorts Inc. (symbol: PK) is the issuer of record for a Form 4 filing submitted to the SEC. Baltimore Thomas J Jr reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. (PK) reported that CEO and director Thomas J. Baltimore Jr. received an award of 331,564 shares of common stock on September 3, 2026. The award consists of restricted shares granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan and carries no purchase price.
The restricted shares were approved by the Compensation & Human Capital Committee and will vest in full on the fourth anniversary of the grant date, conditioned on Mr. Baltimore's continued service. Following this grant, he holds 2,337,556 shares of Park Hotels & Resorts Inc. common stock directly.
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.
Bank of America Corporation filed an amended Schedule 13G reporting its beneficial ownership in Park Hotels & Resorts Inc. common stock. The filing states beneficial ownership of 9,775,762 shares, representing 4.9% of the outstanding common stock, based on 201,361,835 shares outstanding as reported by Park Hotels & Resorts as of April 24, 2026.
Bank of America reports no sole voting or dispositive power over the shares, with 9,769,187 shares subject to shared voting power and 9,775,762 shares subject to shared dispositive power. The position is reported on behalf of Bank of America Corporation and several wholly owned subsidiaries, including BofA Securities, Inc., Bank of America, N.A., Merrill Lynch International, Merrill Lynch Pierce Fenner & Smith, Inc., U.S. Trust Co of Delaware, and BofA Securities Europe SA.
Donald Smith & Co., Inc., together with DSCO Value Fund, L.P., reports beneficial ownership of 14,534,708 shares of Park Hotels & Resorts Inc. common stock, representing 7.22% of the class. Donald Smith & Co., a Delaware corporation and investment adviser, holds sole voting power over 14,272,041 shares and sole dispositive power over 14,368,621 shares, with DSCO Value Fund holding additional voting and dispositive power over 166,087 shares. The economic rights to dividends and sale proceeds belong to the advisory clients, and to Donald Smith & Co.’s knowledge no single client holds more than five percent of the outstanding common stock.
Park Hotels & Resorts Inc. generated solid profitability in the quarter ended June 30, 2026. Total revenues were $680 million versus $672 million a year earlier, while net income was $50 million and net income attributable to stockholders was $47 million, or $0.24 per diluted share, compared with a loss of $(0.02) per share in 2025.
For the first six months of 2026, revenues were $1.30 billion, with net income of $62 million versus a $(59) million loss a year earlier. Hotel Adjusted EBITDA rose to $208 million in Q2 and $359 million year‑to‑date, driven mainly by Core hotels in markets such as Hawaii, Orlando, New York and Santa Barbara, partially offset by weakness in Miami and New Orleans and the renovation-related closure of the Royal Palm.
The portfolio repositioning continued: two Non‑Core hotels were sold for approximately $31 million, a joint‑venture interest was sold for $29 million, and additional Non‑Core assets were impaired by $27 million. Liquidity remained strong with $264 million in cash, $1 billion of revolver capacity, undrawn commitments under an $800 million delayed‑draw term loan and a $700 million Bonnet Creek Mortgage Loan, supporting plans to refinance the $1.275 billion HHV Mortgage Loan maturing in late 2026. Quarterly dividends of $0.25 per share were declared for each of the first three quarters of 2026.
State Street Corporation reports a significant institutional position in Park Hotels & Resorts Inc. common stock. State Street is deemed to beneficially own 11,100,179 shares, representing 5.5% of the outstanding common stock. It reports 0 shares with sole voting or dispositive power, and 9,890,976 shares with shared voting power and 11,100,179 shares with shared dispositive power. The filing attributes these holdings to various State Street Global Advisors and related investment adviser subsidiaries, indicating that the position is held on behalf of clients rather than as a proprietary stake.
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.
Vanguard Capital Management reports beneficial ownership of 10,410,429 shares of Park Hotels & Resorts Inc. common stock, representing 5.17% of the class. Vanguard has sole voting power over 1,675,674 shares and sole dispositive power over the full 10,410,429 shares, with no shared voting or dispositive power.
The position reflects securities managed by Vanguard Capital Management LLC and specified affiliates and business divisions, including certain Vanguard funds and client accounts over which they exercise voting and/or dispositive power. No single other person has an interest relating to more than 5% of the class.
BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Park Hotels & Resorts Inc. common stock. BlackRock reports beneficial ownership of 29,586,347 shares, representing 14.7% of the outstanding common stock. It holds 28,909,892 shares with sole voting power and 29,586,347 shares with sole dispositive power, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of the company’s outstanding common shares.
NAUGHTON TIMOTHY J reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. director Timothy J. Naughton received a grant of 1,814 shares of common stock on June 23, 2026. This award was taken under the company’s 2017 Stock Plan for Non-Employee Directors in lieu of cash fees for board service in the second quarter of 2026.
The shares were granted as unrestricted stock, vested immediately, and were valued using the closing price on the grant date. After this compensation-related award, Naughton directly holds 161,308 shares of Park Hotels & Resorts common stock.