Park Hotels & Resorts

Park Hotels & Resorts Inc. (NYSE: PK) is one of the largest publicly-traded lodging real estate investment trusts (REIT) comprised of a geographically diverse portfolio of hotels and resorts with significant underlying real estate value. Park’s portfolio consists of 47 premium-branded hotels and resorts with approximately 30,000 rooms located in prime U.S. markets with high barriers to entry. Over 88% of Park’s portfolio is in the luxury or upper upscale segment and 100% is located in the U.S., including locations in 14 of the top 25 markets. Nearly 80% of Park’s portfolio is located in the central business districts of major cities or resort or conference destinations including Honolulu, San Francisco, New Orleans, Boston, New York, Chicago, Orlando, Miami and Key West. Park affiliates with leading brands such as Hilton, Marriott and Hyatt, and partners with both brand and third-party operators. Park was established as an independent company on January 3, 2017, following its spin-off from Hilton. Park’s headquarters are located in Tysons, Virginia and the ticker symbol on the New York Stock Exchange is “PK.” For more information, visit www.pkhotelsandresorts.com.