TYSONS, Va- Park Hotels & Resorts Inc. ('Park') (NYSE:PK) ('Park' or the 'Company') announced today the tax reporting information for its 2022 cash distributions on its common stock.

The distributions, totaling $0.28 per share, were paid as follows: $0.01 on April 15, 2022; $0.01 on July 15, 2022; $0.01 on October 17, 2022; and $0.25 on January 17, 2023.

For income tax purposes, the dividends for 2022, totaling $0.28 per share, are classified as $0.28 (100%) Total capital gain distribution.

The following table summarizes the income tax treatment of the Company's 2022 dividends:

2022 Dividend Tax Reporting Information (Form 1099-DIV)

Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105

RecordDate	PayableDate	Dividend perShare	Total ordinary dividends (box 1a)	Totalcapital gaindistr. (box 2a)	Section199A dividends (box 5)
March 31, 2022		April 15, 2022		$0.01	$0.00	$0.01	$0.00
June 30, 2022		July 15, 2022		$0.01	$0.00	$0.01	$0.00
September 30, 2022	October 17, 2022	$0.01	$0.00	$0.01	$0.00
December 30, 2022	January 17, 2023	$0.25	$0.00	$0.25	$0.00
Totals	 					$0.28	$0.00	$0.28	$0.00

About Park Hotels & Resorts

Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 47 premium-branded hotels and resorts with approximately 30,000 rooms primarily located in prime city center and resort locations. Visit www.pkhotelsandresorts.com for more information.

For more information, contact:

Ian Weissman

Senior Vice President, Corporate Strategy

571-302-5591

iweissman@pkhotelsandresorts.com

For additional information or to receive press releases via e-mail, please visit our website at

www.pkhotelsandresorts.com

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