---
schema_version: "secwatch.filing_event.v1"
accession: "0001617406-25-000056"
form_type: "8-K"
ticker: "PK"
cik: "0001617406"
company_name: "Park Hotels & Resorts Inc."
filed_at: "2025-12-09T23:59:59+00:00"
generated_at: "2026-05-16T13:47:51.975313+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Park Hotels plans to sell non-core hotels for $560M-$600M, reaffirms 2025 guidance

## Summary
- Plan to dispose of 16 non-core hotels over next 12+ months; estimated proceeds $560M-$600M.
- Proceeds expected to reduce net-debt to EBITDA by 0.3x-0.4x; used for debt paydown.
- Reaffirmed FY 2025 Adj. EBITDA guidance $595M-$620M; Adj. FFO/sh $1.85-$1.97.
- Preliminary Oct Core RevPAR (ex Royal Palm) up 3.8% YoY; Nov up ~2%.
- Core portfolio RevPAR $218, Hotel Adj. EBITDA margin 30%, significantly above non-core.

## SEC filing metadata
- accession: 0001617406-25-000056
- form_type: 8-K
- ticker: PK
- cik: 0001617406
- company_name: Park Hotels & Resorts Inc.
- filed_at: 2025-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617406/000161740625000056/0001617406-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617406/000161740625000056/pk-20251209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617406-25-000056
- JSON: https://secwatch.observer/filing/0001617406-25-000056.json
- Plain text: https://secwatch.observer/filing/0001617406-25-000056.txt

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