Recent 8-K filings for PK
Highest-materiality recent filing
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.
- Proceeds expected to reduce net-debt to EBITDA by 0.3x-0.4x; used for debt paydown.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.75 · Median 0.50 · Most common event earnings