Park Hotels & Resorts (PK) said Tuesday that it plans to sell three additional non-core hotels by the end of the year, after agreeing to sell five non-core properties for gross proceeds of $198 million so far this year.

The company said the three non-core hotels slated for sale are on expiring ground leases and include the 266-room Embassy Suites Kansas City Plaza, the 850-room DoubleTree Hotel Seattle Airport, and the 245-room DoubleTree Hotel Sonoma Wine Country.

Park said it had already sold the 316-room Hyatt Centric Fisherman's Wharf in May and a 559-room joint venture interest in the Capital Hilton DC last month, with three of the five remaining transactions expected to close by early next year.

The company said it expects to dispose of its remaining marketable non-core hotels over the next 12 months, completing its portfolio transformation.

The company reaffirmed its 2025 outlook, with October and preliminary November comparable RevPAR largely in line with expectations, despite a slightly higher-than-expected impact from the government shutdown due to the FAA's temporary reduction in air traffic in last month.