{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-002945","form_type":"8-K","ticker":"PK","cik":"0001617406","company_name":"Park Hotels & Resorts Inc.","filed_at":"2022-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.393928+00:00","generated_at":"2026-06-27T01:10:49.510945+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Park Hotels provides investor update; highlights 33% NAV discount, Q4 Hotel EBITDA $85M","bullets":["Internal NAV estimate implies 33% discount to consensus; stock trades at 10.7x 2019 pro-forma Adjusted EBITDA.","Q4 2021 pro-forma Hotel Adjusted EBITDA of $85M, up 2.4% sequentially; RevPAR at 62% of 2019 levels.","53 of 54 hotels open; December RevPAR reached 78% of 2019, driven by ADR at 108% of 2019.","Board approved $250M stock buyback; $1.6B liquidity with $690M cash and $901M undrawn revolver.","Identifies $100M-$135M EBITDA upside from cost savings, ROI projects, and Chesapeake synergies."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-002945","json":"https://secwatch.observer/filing/0000950170-22-002945.json","markdown":"https://secwatch.observer/filing/0000950170-22-002945.md","text":"https://secwatch.observer/filing/0000950170-22-002945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617406/000095017022002945/0000950170-22-002945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617406/000095017022002945/pk-20220307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T01:10:49.510945+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}