Every material Form 8-K Park Hotels & Resorts filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Park Hotels & Resorts reported third quarter 2026 results, with Comparable RevPAR up 8.4% and Adjusted EBITDA up 4.0% from a year earlier, while the company still posted a net loss of $15 million. It raised its full-year 2026 Adjusted FFO per share and RevPAR outlook but lowered its full-year net income outlook, so the results point in different directions for shareholders.
Third quarter net loss was $15 million, or $(0.10) per diluted share, compared with a net loss of $14 million and $(0.08) per share in the third quarter of 2025.
Comparable RevPAR rose 8.4% to $201.02 and Adjusted EBITDA rose 4.0% to $135 million.
Full-year 2026 Adjusted FFO per share outlook was raised to $2.00 to $2.05 from $1.90 to $2.00, while net income outlook was lowered to $70 million to $80 million from $78 million to $98 million.
Park declared a fourth quarter 2026 cash dividend of $0.25 per share, payable January 15, 2027.
Park Hotels & Resorts said Executive Vice President and Chief Investment Officer Thomas C. Morey left the company effective September 8, 2026. He signed a Separation Agreement and Release on September 9, 2026, which provides severance under the company's Executive Severance Plan, subject to a seven-day revocation period and continued compliance with non-solicitation and non-competition terms.
Thomas C. Morey, EVP and Chief Investment Officer, departure effective September 8, 2026
Separation Agreement and Release entered into September 9, 2026; seven-day revocation period applies
Severance follows the Executive Severance Plan for an EVP terminated without cause; non-solicitation and non-competition obligations last 12 months
Full terms are in Exhibit 10.1, filed with the 8-K
Park Hotels & Resorts approved one-time retention restricted stock awards to four executive officers on September 3, 2026, including 331,564 shares to CEO Thomas J. Baltimore, Jr. The awards vest in full on the fourth anniversary of the grant date, subject to continued employment, and are intended to address leadership transition and recruiting risks. The grants add to the share count tied to executive pay, and their vesting terms determine how much stock is retained if an executive leaves.
September 3, 2026: Compensation & Human Capital Committee approved one-time Retention RSA Awards
Park Hotels & Resorts reported second quarter 2026 results, with comparable RevPAR up 5.8% and net income of $50 million, compared with a net loss of $2 million a year earlier. The company raised its full-year 2026 outlook, with Adjusted EBITDA now projected at $617 million to $637 million, up from $587 million to $617 million previously, which supports shareholder value.
Q2 diluted earnings per share were $0.24, versus a loss of $0.02 in Q2 2025; Adjusted EBITDA was $198 million, up 8.6%.
Full-year 2026 Adjusted EBITDA outlook raised to $617 million to $637 million from $587 million to $617 million; diluted EPS outlook raised to $0.35 to $0.45 from $0.29 to $0.44.
July comparable RevPAR is projected to rise 8.5% year over year, and third-quarter comparable group revenue pace is over 15%.
Board declared a third quarter cash dividend of $0.25 per share, payable October 15, 2026 to stockholders of record as of September 30, 2026.
Park Hotels & Resorts reported first quarter 2026 results, with net income of $12 million compared with a $57 million loss a year earlier, while total revenue fell to $622 million from $630 million. The company raised its full-year Adjusted EBITDA and RevPAR outlook but lowered its net income and diluted EPS outlook, so the results send mixed signals to shareholders.
Q1 2026 total revenue $622 million vs $630 million in Q1 2025; Adjusted EBITDA $143 million vs $144 million
Q1 diluted EPS $0.05 vs a loss of $0.29 a year earlier; Q1 2025 included a $70 million impairment
Full-year 2026 Adjusted EBITDA outlook raised to $587 million-$617 million from $580 million-$610 million
Full-year 2026 diluted EPS outlook lowered to $0.29-$0.44 from $0.31-$0.46; $0.25 Q2 dividend payable July 15, 2026
Park Hotels & Resorts reported a fourth-quarter 2025 net loss of $204 million, or $(1.04) per diluted share, compared with net income of $73 million a year earlier, after $248 million of impairment expense mainly tied to Non-Core hotels. Adjusted EBITDA rose 10.1% to $152 million, and full-year 2025 Adjusted EBITDA fell 6.6% to $609 million. The company also gave a 2026 outlook of $580 million to $610 million in Adjusted EBITDA and named CFO Sean M. Dell'Orto as Chief Operating Officer while keeping his CFO role.
Q4 2025 comparable RevPAR was $182.49, up 0.8% year over year; full-year comparable RevPAR was $185.00, down 2.0%
Full-year 2025 net loss was $(277) million, or $(1.43) per diluted share, including $318 million of impairment expense
2026 outlook: Adjusted EBITDA of $580 million to $610 million and diluted EPS of $0.31 to $0.46
Dell'Orto was appointed COO effective February 12, 2026, with base salary raised to $675,000; he remains EVP, CFO and Treasurer
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Park Hotels & Resorts filing is on SEC EDGAR ↗. 8-K briefs of other companies →