Park Hotels & Resorts Files 8-K on Financials
Ticker: PK · Form: 8-K · Filed: Jul 31, 2024 · CIK: 1617406
Sentiment: neutral
Topics: financial-condition, results-of-operations, filing
Related Tickers: PK
TL;DR
PHR filed an 8-K on July 31st detailing their financial condition and operations.
AI Summary
Park Hotels & Resorts Inc. filed an 8-K on July 31, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the period ending July 31, 2024. Park Hotels & Resorts Inc. is incorporated in Delaware and was formerly known as Hilton Worldwide, Inc. before a name change on August 20, 2014.
Why It Matters
This 8-K filing provides investors with crucial updates on Park Hotels & Resorts' financial performance and operational status as of July 31, 2024.
Risk Assessment
Risk Level: low — This is a routine financial filing (8-K) that provides standard disclosures and does not indicate any immediate or significant risks.
Key Players & Entities
- Park Hotels & Resorts Inc. (company) — Registrant
- July 31, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Hilton Worldwide, Inc. (company) — Former Company Name
- August 20, 2014 (date) — Date of name change
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Park Hotels & Resorts Inc.'s results of operations and financial condition, and to provide financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on July 31, 2024.
In which state is Park Hotels & Resorts Inc. incorporated?
Park Hotels & Resorts Inc. is incorporated in Delaware.
What was the former name of Park Hotels & Resorts Inc.?
The former name of Park Hotels & Resorts Inc. was Hilton Worldwide, Inc.
When did the company change its name from Hilton Worldwide, Inc.?
The company changed its name from Hilton Worldwide, Inc. on August 20, 2014.
Filing Stats: 586 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-07-31 16:19:52
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share PK New York Stock E
Filing Documents
- pk-20240731.htm (8-K) — 27KB
- earningsreleaseex991-live.htm (EX-99.1) — 577KB
- supplementexhibit992-live.htm (EX-99.2) — 1978KB
- capital.jpg (GRAPHIC) — 179KB
- coverpage.jpg (GRAPHIC) — 203KB
- current.jpg (GRAPHIC) — 82KB
- definition.jpg (GRAPHIC) — 208KB
- finance.jpg (GRAPHIC) — 76KB
- outlook.jpg (GRAPHIC) — 184KB
- parklogo.jpg (GRAPHIC) — 13KB
- port.jpg (GRAPHIC) — 77KB
- properties.jpg (GRAPHIC) — 103KB
- sup.jpg (GRAPHIC) — 175KB
- symbol.jpg (GRAPHIC) — 14KB
- toc.jpg (GRAPHIC) — 80KB
- 0001617406-24-000060.txt ( ) — 4771KB
- pk-20240731.xsd (EX-101.SCH) — 2KB
- pk-20240731_lab.xml (EX-101.LAB) — 22KB
- pk-20240731_pre.xml (EX-101.PRE) — 13KB
- pk-20240731_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On July 31, 2024, Park Hotels & Resorts Inc. (the "Company") issued a press release announcing its results of operations for the second quarter ended June 30, 2024 and made available certain supplemental information concerning the portfolio and operation of the Company. Copies of the press release and the supplemental information are furnished as Exhibits 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K. In accordance with General Instructions B.2 of Form 8-K, the information included in Item 2.02 of this Current Report on Form 8-K (including Exhibits 99.1 and 99.2 hereto) shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Exchange Act or Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release dated July 31, 2024 99.2 Second Quarter 2024 Supplemental Data 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Park Hotels & Resorts Inc. Date: July 31, 2024 By: /s/ Sean M. Dell'Orto Sean M. Dell'Orto Executive Vice President, Chief Financial Officer and Treasurer