Terri D. McClements
appointed Terri D. McClements to serve as a member of the Board
Highest-materiality recent filing
Park Hotels & Resorts issues Q2 2026 earnings release; no specific figures in filing text
Press release dated August 6, 2026 covers Q2 ended June 30, 2026 results.
Park Hotels & Resorts Q1 2026 earnings released; no financial details in filing text
Press release issued April 30, 2026 announcing Q1 2026 results.
Park Hotels annual meeting elects all nine directors, approves say-on-pay and auditor
All nine director nominees elected with >96% of votes cast; Baltimore received 96.5% for.
Park Hotels names CFO Sean Dell'Orto as COO; revamps executive compensation
Sean M. Dell'Orto appointed COO effective Feb 12, 2026, while retaining CFO and Treasurer roles.
Park Hotels plans to sell non-core hotels for $560M-$600M, reaffirms 2025 guidance
Plan to dispose of 16 non-core hotels over next 12+ months; estimated proceeds $560M-$600M.
Park Hotels announces Q3 2025 earnings; details not available in provided text
Press release dated October 30, 2025, reports third-quarter results, but no financial figures are included in the filing excerpt.
Park Hotels recasts credit facilities to $2B, adds $800M delayed draw term loan
Total capacity increased to $2B: $1B revolver (extended to Sep 2029), $200M 2024 term loan, and $800M delayed draw term loan.
Park Hotels reports Q2 2025 results; details not provided in filing text
Press release and supplemental data issued on July 31, 2025 for quarter ended June 30, 2025.
Park Hotels updates 2025 outlook for Hyatt Centric sale; April RevPAR +1.8%, May -4.4%
Q1 2025 RevPAR -0.9% YoY; Comparable Hotel Adjusted EBITDA margin down 270 bps.
Park Hotels reports Q1 2025 results; press release not provided in filing excerpt
Earnings release issued May 5, 2025 for quarter ended March 31, 2025.
Park Hotels stockholders approve director stock plan amendment; re-elect all nine directors
Stockholders approved Second A&R Director Stock Plan, increasing authorized shares by 875,000 to 1,825,000 (149.5M for, 5.3M against).
Park Hotels & Resorts announces Q4 2024 earnings; details not provided in filing excerpt
Press release issued February 19, 2025 covering Q4 and full-year 2024 results.
Park Hotels reinstates and updates FY2024 guidance; operational update provided
Issued press release reinstating and updating full-year 2024 guidance on November 11, 2024.
Q3 2024 earnings release filed; no financial details provided in filing text.
Park Hotels & Resorts issued press release and supplemental data for Q3 2024 ended September 30, 2024.
Park Hotels & Resorts reports Q2 2024 results – specifics absent from provided text
Press release issued July 31, 2024 covering results for quarter ended June 30, 2024.
Park Hotels completes redemption of $338.5M 7.5% Senior Notes due 2025
Completed redemption of all $338.5M outstanding principal of 7.500% Senior Notes due 2025.
Park Hotels issues $550M 7.000% notes due 2030 and $200M term loan to refinance 2025 notes
Issued $550M 7.000% senior notes due 2030; also closed $200M unsecured term loan due 2027.
Park Hotels launches $450M senior notes offering and tender for $650M 7.5% notes due 2025
Issuers to offer $450M aggregate principal amount of senior notes due 2030 to refinance 2025 notes.
Park Hotels upsizes senior notes offering to $550M at 7% due 2030
Issued $550M of 7.000% senior notes due 2030 (upsized from $450M); priced at 100% of face value.
Q1 2024 results released; no financial figures included in filing
Press release and supplemental data furnished as Exhibits 99.1 and 99.2 but not provided in the filing text.
Park Hotels shareholders approve officer exculpation amendment; all directors elected
Shareholders approved officer exculpation amendment to charter (161.7M for, 13.2M against).
Park Hotels corrects 2024 revenue outlook down ~$29M; operating margin up 20 bps
2024 total revenue low case corrected to $2,633M (was $2,662M); high case to $2,682M (was $2,711M).
Park Hotels & Resorts announces Q4 and full-year 2023 results; press release not included in filing
Company issued press release on February 27, 2024 for Q4 and full-year 2023 results.
Park Hotels beats preliminary Q4 2023 and full-year 2023 guidance; Adj. EBITDA tops midpoint
Preliminary Q4 Comparable RevPAR $178.25 (+4.1% YoY); full-year $178.62 (+8.7% YoY).
Park Hotels appoints former PwC partner Terri McClements to Board of Directors
Board increased from nine to ten directors; appointed Terri D. McClements effective Jan 12, 2024.
Park Hotels & Resorts reports Q3 2023 results; specifics from press release not provided
Filed Form 8-K with Item 2.02 announcing Q3 2023 results and supplemental data.
Park Hotels faces receiver appointment for two San Francisco hotels after CMBS loan default
Trustee filed lawsuit to appoint receiver for Hilton SF Union Square & Parc 55; default on $725M CMBS loan since June 2023.
Park Hotels & Resorts Reports Q2 2023 Results on August 2, 2023
Park Hotels & Resorts Inc. (PK) reported Q2 2023 results on August 2, 2023, via a press release.
Park Hotels adopts amended bylaws, sets annual say-on-pay frequency
Board approved amended bylaws effective July 28, 2023, including proxy card color rule and universal proxy updates.
Park Hotels ceases payments on $725M SF CMBS loan, expects hotel removal
Cessation of payments on $725M non-recourse CMBS loan secured by Hilton San Francisco Union Square and Parc 55.
Park Hotels Q1 net income $33M, RevPAR up 36.5%; dividend raised to $0.15
Comparable RevPAR $158.84 (+36.5% YoY); net income $33M vs loss $56M in prior year.
Shareholders approve amended 2017 Omnibus Incentive Plan at annual meeting
Plan amended to increase authorized shares by 6,070,000; approved with 167,020,139 for and 11,583,969 against.
Park Hotels & Resorts reports Q4 and FY2022 earnings; no specific figures in filing text
Company announced results for Q4 and full year ended December 31, 2022 on February 22, 2023.
Park Hotels enters new $950M unsecured revolving credit facility, repays $78M term loan
New $950M unsecured revolver replaces $901M prior facility; matures Dec 1, 2026 with extension options.
Park Hotels reports Q3 2022 results; no financial details in filing body
Company announced third-quarter 2022 results on November 2, 2022 via a press release and supplemental data.
Park Hotels Q2 net income $150M, RevPAR +119.7% YoY; Q3 RevPAR guidance $171-$174
Net income attributable to stockholders $150M (diluted EPS $0.66); Adjusted FFO $139M ($0.61 per share).
Park Hotels Q1 2022 net loss narrows to $57M; RevPAR up 182% YoY; Q2 guidance issued
Net loss of $57M (diluted EPS -$0.24) vs -$190M YoY; Adjusted EBITDA of $82M vs -$49M YoY.
Park Hotels & Resorts stockholders elect all 9 director nominees at 2022 annual meeting
All nine director nominees elected, including Thomas J. Baltimore Jr. with 165.4M for votes.
Park Hotels provides investor update; highlights 33% NAV discount, Q4 Hotel EBITDA $85M
Internal NAV estimate implies 33% discount to consensus; stock trades at 10.7x 2019 pro-forma Adjusted EBITDA.
Board approved up to $300M share repurchase over 24 months; program expires Feb 23, 2024.
Park Hotels Q4 net loss $67M; RevPAR $110.22, up 298% YoY but down 38% vs 2019
Net loss attributable to stockholders of $67M for Q4 2021, compared to $217M loss in Q4 2020.
Park Hotels Q3 net loss $86M, Adj. EBITDA $77M; RevPAR up 302% YoY
Net loss attributable to stockholders $86M ($0.36 diluted loss); Adjusted FFO $5M ($0.02).
Park Hotels Q2 2021 RevPAR $78.46, net loss $116M; break-even in June; $477M asset sales
Pro-forma RevPAR $78.46 (+909.7% YoY, -59.2% vs. 2019); occupancy 42.3% (55.6% for open hotels).
appointed Terri D. McClements to serve as a member of the Board
Max materiality 0.85 · Median 0.55 · Most common event earnings