secwatch / observer

Park Hotels & Resorts Inc. — fact timeline

Source-grounded facts extracted from Park Hotels & Resorts Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PK Park Hotels & Resorts Inc. JSON
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for first quarter ended March 31, 2026.

“On April 30, 2026, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the first quarter ended March 31, 2026”
Debt Financings

Park Hotels & Resorts Inc. incurred senior notes of $550 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.000% per annum maturing February 1, 2030.

“On May 16, 2024, Park Intermediate Holdings LLC (“PIH”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (“Corporate Co-Issuer” and, together with PK Domestic LLC, the “Co-Issuers” and, the Co-Issuers together with PIH, the “Issuers”), direct and indirect subsidiaries of Park Hotels & Resorts Inc. (the “Company”), issued $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”) under an indenture (the “Indenture”), dated as of May 16, 2024, among the Issuers, the Company, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee”
Material Agreements

Park Hotels & Resorts Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $550 million aggregate principal amount of 7.000% senior notes due 2030 (effective 2024-05-16).

“7.000% Senior Notes Due 2030 On May 16, 2024, Park Intermediate Holdings LLC (“PIH”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (“Corporate Co-Issuer” and, together with PK Domestic LLC, the “Co-Issuers” and, the Co-Issuers together with PIH, the “Issuers”), direct and indirect subsidiaries of Park Hotels & Resorts Inc. (the “Company”), issued $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”) under an indenture (the “Indenture”), dated as of May 16, 2024, among the Issuers, the Company, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for first quarter ended March 31, 2024.

“On April 30, 2024, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the first quarter ended March 31, 2024”
Governance Changes

Park Hotels & Resorts Inc.: Amended the certificate of incorporation to provide for officer exculpation from liability under Delaware law (effective 2024-04-19).

“On April 19, 2024, the Company filed a Certificate of Amendment with the Secretary of State of the State of Delaware (the “ Certificate of Amendment ”) to give effect to the Officer Exculpation Amendment.”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Ratification of the Appointment of Ernst & Young LLP at the 2024-04-19 meeting.

“The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 based upon the following votes: For Against Abstain Broker Non-Votes 182,266,709 2,041,190 101,786 ----”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Advisory Vote to Approve Compensation of Named Executive Officers at the 2024-04-19 meeting.

“The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers based upon the following votes: For Against Abstain Broker Non-Votes 164,962,634 9,862,902 207,844 9,376,305”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Vote to Approve the and Adopt the Amendment to the Amended and Restated Certificate of Incorporation at the 2024-04-19 meeting.

“The Company’s stockholders approved the Amendment to the Company’s Existing Charter based upon the following votes: For Against Abstain Broker Non-Votes 161,692,465 13,207,062 133,853 9,376,305”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Election of Directors at the 2024-04-19 meeting.

“The Company’s stockholders elected the nine persons listed below to serve as directors until the 2025 annual meeting of stockholders and until their successors have been duly elected and qualify, based upon the following votes: For Against Abstain Broker Non-Votes Thomas J. Baltimore, Jr. 164,273,139 9,691,452 1,068,789 9,376,305 Patricia M. Bedient 173,443,473 1,508,858 81,049 9,376,305 Thomas D. Eckert 171,054,239 3,895,752 83,389 9,376,305 Geoffrey M. Garrett 171,090,207 2,946,238 996,935 9,376,305 Christie B. Kelly 173,521,916 1,430,058 81,406 9,376,305 Terri D. McClements 173,701,996 334,629 996,755 9,376,305 Thomas A. Natelli 173,490,988 1,456,210 86,182 9,376,305 Timothy J. Naughton 168,781,224 6,165,251 86,905 9,376,305 Stephen I. Sadove 165,539,132 9,408,053 86,195 9,376,305”
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.

“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”
Earnings Releases

Park Hotels & Resorts Inc. updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).

“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”
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for fourth quarter and full year ended December 31, 2023.

“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”
Earnings Releases

Park Hotels & Resorts Inc. reported preliminary financial results for quarter and year ended December 31, 2023.

“issued a press release announcing preliminary results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report. The press release is based on preliminary estimates of certain operating results for the three months and year ended December 31, 2023. The Company currently intends to release its finalized year-end earnings results after the market closes on February 27, 2024, and management will hold a conference call to discuss the results at 11 a.m. Eastern Time on February 28, 2024.”

Terri D. McClements was appointed as member of the Board at Park Hotels & Resorts Inc..

“appointed Terri D. McClements to serve as a member of the Board”
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for the third quarter ended September 30, 2023.

“On November 1, 2023 , Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the third quarter ended September 30, 2023”
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for second quarter ended June 30, 2023.

“On August 2, 2023, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the second quarter ended June 30, 2023”
Governance Changes

Park Hotels & Resorts Inc.: The Board amended and restated the Bylaws to require non-white proxy cards, update nomination procedures for universal proxy rules, reflect Delaware law updates, and make administrative changes (effective 2023-07-28).

“On July 28, 2023, the Company’s Board of Directors (the “ Board ”) amended and restated the Company’s By-laws (the “ Amended and Restated By-laws ”), effective immediately, to (i) require any stockholder directly or indirectly soliciting proxies from other stockholders to use a proxy card color other than white; (ii) implement and update the procedure and information requirements for the nominations of persons for election to the Board, including to address matters relating to the new universal proxy rules set forth in Rule 14a-19 under the Securities Exchange Act of 1934, as amended; (iii) reflect recent amendments to the Delaware General Corporation Law; and (iv) make certain other administrative, clarifying and conforming changes throughout.”
Earnings Releases

Park Hotels & Resorts Inc. reported the first quarter ended March 31, 2023 results: net income $33, EPS $0.15.

“Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2023 and provided an operational update.”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Ratification of the Appointment of Ernst & Young LLP at the 2023-04-26 meeting.

“Proposal 5. Ratification of the Appointment of Ernst & Young LLP The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 based upon the following votes: For Against Abstain Broker Non-Votes 193,870,699 360,756 115,778 ----”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Advisory Vote to Determine Frequency of Future Advisory Votes Approving Compensation of Named Executive Officers at the 2023-04-26 meeting.

“Proposal 4. Advisory Vote to Determine Frequency of Future Advisory Votes Approving Compensation of Named Executive Officers The Company’s stockholders approved, on an advisory (non-binding) basis, the holding of a non-binding stockholder vote to approve the compensation paid to the Company’s name executive officers every year based upon the following votes: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 168,470,389 37,834 10,153,817 142,445 ----”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Advisory Vote to Approve Compensation of Named Executive Officers at the 2023-04-26 meeting.

“Proposal 3. Advisory Vote to Approve Compensation of Named Executive Officers The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers based upon the following votes: For Against Abstain Broker Non-Votes 166,266,072 12,308,252 230,161 15,542,748”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Vote to Approve the 2017 Omnibus Incentive Plan (as Amended and Restated Effective As of April 26, 2023) at the 2023-04-26 meeting.

“Proposal 2. Vote to Approve the 2017 Omnibus Incentive Plan (as Amended and Restated Effective As of April 26, 2023) The Company’s stockholders approved the Plan based upon the following votes: For Against Abstain Broker Non-Votes 167,020,139 11,583,969 200,377 15,542,748”
Shareholder Votes

Park Hotels & Resorts Inc. shareholders approved Election of Directors at the 2023-04-26 meeting.

“Proposal 1. Election of Directors The Company’s stockholders elected the nine persons listed below to serve as directors until the 2024 annual meeting of stockholders and until their successors have been duly elected and qualify, based upon the following votes: For Against Abstain Broker Non-Votes Thomas J. Baltimore, Jr. 162,308,282 14,969,153 1,527,050 15,542,748 Patricia M. Bedient 173,968,246 3,723,164 1,113,075 15,542,748 Thomas D. Eckert 172,644,285 6,068,215 91,985 15,542,748 Geoffrey M. Garrett 174,119,747 3,571,664 1,113,074 15,542,748 Christie B. Kelly 167,658,836 11,055,704 89,945 15,542,748 Sen. Joseph I. Lieberman 170,987,251 6,704,471 1,112,763 15,542,748 Thomas A. Natelli 174,496,216 4,215,599 92,670 15,542,748 Timothy J. Naughton 163,662,990 15,050,810 90,685 15,542,748 Stephen I. Sadove 167,055,478 10,633,345 1,115,662 15,542,748”
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for the fourth quarter and full year ended December 31, 2022.

“On February 22, 2023, 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, 2022”
Material Agreements

Park Hotels & Resorts Inc. amended Credit Agreement with Wells Fargo Bank, National Association (as administrative agent) and the financial institutions party thereto as lenders and agents valued at $950 million (effective 2022-12-01).

“On December 1, 2022, Park Hotels and Resorts Inc., a Delaware corporation, as parent (“Park”), PK Domestic Property LLC, a Delaware limited liability company and indirect subsidiary of Park (“PK Domestic”), and Park Intermediate Holdings LLC, a Delaware limited liability company and direct subsidiary of Park (“PIH” and together with PK Domestic, the “Borrowers”), entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association, as administrative agent, and the financial institutions party thereto as lenders and agents as set forth in the Credit Agreement.”
Earnings Releases

Park Hotels & Resorts Inc. reported financial results for the third quarter ended September 30, 2022.

“On November 2, 2022, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the third quarter ended September 30, 2022”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.