{"schema_version":"secwatch.filing_event.v1","accession":"0001617406-25-000040","form_type":"8-K","ticker":"PK","cik":"0001617406","company_name":"Park Hotels & Resorts Inc.","filed_at":"2025-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.037868+00:00","generated_at":"2026-05-20T02:56:07.515450+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Park Hotels updates 2025 outlook for Hyatt Centric sale; April RevPAR +1.8%, May -4.4%","bullets":["Q1 2025 RevPAR -0.9% YoY; Comparable Hotel Adjusted EBITDA margin down 270 bps.","Preliminary April RevPAR +1.8% YoY; May RevPAR -4.4% YoY (impacted by Royal Palm renovation and Hawaii post-strike).","2025 outlook adjusted to $588–648M Adjusted EBITDA (midpoint unchanged); RevPAR growth (1.0%) to 2.0%.","Sold Hyatt Centric Fisherman's Wharf for $80M in May 2025; $2M EBITDA impact for rest of year.","Core portfolio 5Y RevPAR CAGR forecasted at 3%+ (2024-2029); $1B ROI pipeline."],"urls":{"canonical":"https://secwatch.observer/filing/0001617406-25-000040","json":"https://secwatch.observer/filing/0001617406-25-000040.json","markdown":"https://secwatch.observer/filing/0001617406-25-000040.md","text":"https://secwatch.observer/filing/0001617406-25-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617406/000161740625000040/0001617406-25-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617406/000161740625000040/pk-20250602.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T02:56:07.515450+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"}