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. executive Sean M. Dell'Orto reported a tax-withholding disposition of 6,116 shares of common stock at $11.25 per share. These shares were surrendered back to the company to cover taxes on the vesting of 13,560 restricted shares delivered on February 23, 2026. After this transaction, he directly holds 608,861 shares of Park Hotels & Resorts common stock.
Park Hotels & Resorts Inc. CEO Thomas J. Baltimore Jr. reported a tax-related share disposition. He surrendered 22,068 shares of common stock at $11.25 per share to the company to satisfy withholding taxes triggered by the vesting of 44,899 previously granted restricted shares. After this tax-withholding disposition, he directly owned 2,005,992 common shares.
Park Hotels & Resorts Inc. operates as a large U.S.-focused lodging REIT with 34 hotels and resorts totaling 22,561 rooms as of February 20, 2026. Its 21 Core hotels, including one joint venture, generate about 90% of Hotel Adjusted EBITDA and are largely luxury and upper upscale assets.
The company’s strategy centers on divesting 12 remaining Non-Core hotels, using proceeds and an $800 million delayed draw term loan under a $1 billion credit facility to reduce debt, reinvest in Core properties and support selective acquisitions. Since its 2017 spin-off, it has sold 51 hotels for $3 billion.
Park highlights extensive renovation projects exceeding $570 million across key resorts, a strong sustainability focus with improved GRESB scores and Newsweek recognition, and a commitment to corporate responsibility, human capital development and climate resiliency while noting risks from economic cycles, labor costs, cybersecurity and market concentration in Florida and Hawaii.
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. executive Nancy M. Vu, EVP, General Counsel & Secretary, reported a tax-related share disposition. She surrendered 3,751 shares of common stock at $11.20 per share to the company to satisfy tax withholding due on the vesting of 8,317 restricted shares. Following this tax-withholding disposition, she beneficially owned 211,404 common shares.
Park Hotels & Resorts Inc. senior vice president and chief accounting officer Darren W. Robb reported a small share disposition tied to taxes, not an open‑market sale. He surrendered 854 shares of common stock at $11.20 per share to the company to cover tax withholding due on the vesting of 2,836 previously granted restricted shares under the 2017 Omnibus Incentive Plan. After this tax-withholding transaction on February 17, 2026, he directly owned 130,433 common shares.
Park Hotels & Resorts Inc. executive Joseph M. Piantedosi reported a tax-related share disposition. He surrendered 1,634 shares of common stock to the company at $11.20 per share to cover tax withholding upon vesting of 3,623 previously granted restricted shares. After this tax-withholding disposition, he directly holds 117,818 common shares.
Park Hotels & Resorts Inc. executive Jill C. Olander, EVP of Human Resources, reported a tax-related share disposition. She surrendered 2,350 shares of common stock to the company to cover tax withholding tied to the vesting of 4,690 restricted shares granted under the 2017 Omnibus Incentive Plan.
The tax-withholding disposition used a price of $11.20 per share, based on the New York Stock Exchange closing price on February 13, 2026. After this transaction, Olander directly held 195,833 shares of Park Hotels & Resorts common stock.
Park Hotels & Resorts Inc. executive Thomas C. Morey reported a tax-related share disposition tied to vesting equity awards. On February 17, 2026, he surrendered 5,951 shares of common stock at $11.20 per share to the company to satisfy withholding taxes on 12,106 vested restricted shares. After this tax-withholding disposition, he directly owned 433,971 common shares.
Park Hotels & Resorts Inc. executive Carl A. Mayfield reported a tax-related share disposition linked to restricted stock vesting. He surrendered 4,584 shares of common stock to the company to satisfy withholding taxes on 9,148 vested restricted shares under the 2017 Omnibus Incentive Plan. The tax withholding price was based on the New York Stock Exchange closing price, shown as $11.20 per share in the transaction. After this withholding transaction, Mayfield directly holds 318,467 shares of Park Hotels & Resorts common stock.