---
schema_version: "secwatch.filing_event.v1"
accession: "0001617406-24-000014"
form_type: "8-K/A"
ticker: "PK"
cik: "0001617406"
company_name: "Park Hotels & Resorts Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:54:40.865670+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Park Hotels corrects 2024 revenue outlook down ~$29M; operating margin up 20 bps

## Summary
- 2024 total revenue low case corrected to $2,633M (was $2,662M); high case to $2,682M (was $2,711M).
- Other revenue for both cases corrected to $92M from $121M.
- Operating income margin low case 15.1% (was 14.9%); high case 16.3% (was 16.1%).
- No other changes to original Feb 27, 2024 earnings release and supplemental data.

## SEC filing metadata
- accession: 0001617406-24-000014
- form_type: 8-K/A
- ticker: PK
- cik: 0001617406
- company_name: Park Hotels & Resorts Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617406/000161740624000014/0001617406-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617406/000161740624000014/pk-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617406-24-000014
- JSON: https://secwatch.observer/filing/0001617406-24-000014.json
- Plain text: https://secwatch.observer/filing/0001617406-24-000014.txt

## Key facts
- Earnings Releases
  Park Hotels & Resorts Inc. updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).
  - Period: the fourth quarter and full year ended December 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On February 27, 2024, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the fourth quarter and full year ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617406/000161740624000014/0001617406-24-000014-index.htm
- Earnings Releases
  Park Hotels & Resorts Inc. reported Full-Year 2024 Outlook results: revenue low case” and “high case” of Total Revenues are $2,633 million and $2,682 million, respectively, rather than $2,662 mill. Guidance lowered.
  - Period: Full-Year 2024 Outlook
  - Revenue: low case” and “high case” of Total Revenues are $2,633 million and $2,682 million, respectively, rather than $2,662 mill
  - Guidance: lowered
  - Result: guidance update
  source text: the “low case” and “high case” outlook of operating income margin are 15.1% and 16.3%, respectively, rather than 14.9% and 16.1%, respectively; and (ii) under the accompanying reconciliations to the full-year 2024 outlook, the “low case” and “high case” of Total Revenues are $2,633 million and $2,682 million, respectively, rather than $2,662 million and $2,711 million, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617406/000161740624000014/0001617406-24-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.