Park Hotels & Resorts Inc. Completes Recast of $2 Billion Credit Facilities
Park Hotels & Resorts Inc. (“Park”) (
NYSE:PK) today announced that it has successfully amended and restated its existing credit agreement (as amended and restated, the “Credit Agreement”) to (i) increase total capacity under a senior secured revolving credit facility from $950 million to $1 billion (the “Revolving Facility”), (ii) extend the termination date of the Revolving Facility from December 1, 2026 to September 17, 2029, and (iii) add a new senior unsecured delayed draw term loan facility of up to $800 million, available in up to three draws for up to one year after closing, with a scheduled maturity date of January 2, 2030 (the “2025 Term Facility”). The Credit Agreement also provides for a senior unsecured term loan in the original principal amount of $200 million incurred on May 16, 2024 (the “2024 Term Loan”, and together with the Revolving Facility and the 2025 Term Facility, the “Credit Facilities”), bringing the aggregate capacity under the Credit Facilities to $2 billion.
Park Hotels & Resorts Inc. Announces Third Quarter 2025 Earnings Conference Call on October 31, 2025
Park Hotels & Resorts Inc. (
NYSE: PK) (“Park”) today announced that it will release its financial results for the third quarter 2025 after the stock market closes on Thursday, October 30, 2025. Park will hold a conference call on Friday, October 31, 2025 at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook.
Park Hotels & Resorts Inc. Reports Second Quarter 2025 Results
Park Hotels & Resorts Inc. (“Park” or the “Company”) (
NYSE: PK) today announced results for the second quarter ended June 30, 2025 and provided an operational update.
Park Hotels & Resorts Inc. Announces Second Quarter 2025 Earnings Conference Call on August 1, 2025
Park Hotels & Resorts Inc. (
NYSE: PK) (“Park”) today announced that it will release its financial results for the second quarter 2025 after the stock market closes on Thursday, July 31, 2025. Park will hold a conference call on Friday, August, 1, 2025 at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook.
Park Hotels & Resorts Inc. Announces Sale of Hyatt Centric Fisherman’s Wharf
Park Hotels & Resorts Inc. (
NYSE: PK) (“Park”) today announced that it has closed on the sale of the 316-room Hyatt Centric Fisherman’s Wharf located in San Francisco, CA for $80 million, or $253,000 per key. The sale price represents 64.0x 2024 EBITDA of the hotel. Proceeds from the sale will be used for ongoing return on investment (“ROI”) projects in Park’s portfolio and for other general corporate purposes.
Park Hotels & Resorts Inc. Reports First Quarter 2025 Results
Park Hotels & Resorts Inc. (“Park” or the “Company”) (
NYSE: PK) today announced results for the first quarter ended March 31, 2025 and provided an operational update.
