Park Hotels & Resorts

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Park Hotels & Resorts Inc. (NYSE: PK) is the second largest publicly-traded lodging real estate investment trust (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 30,000 rooms located primarily in prime U.S. markets with high barriers to entry. Approximately 85% of Park’s portfolio is in the luxury or upper upscale segment, with locations in 14 of the top 25 US markets. Key markets include Honolulu, San Francisco, New Orleans, Boston, New York, Chicago, Orlando, Denver, 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.”