Owner and operator of premium-branded hotels and resorts with significant presence in key U.S. markets and international destinations.
Park Hotels & Resorts Inc. is a prominent real estate investment trust (REIT) specializing in the hospitality sector, recognized as the second largest publicly traded lodging REIT in the United States. The company boasts a diverse portfolio comprising 60 premium-branded hotels and resorts, totaling more than 33,000 rooms. These properties are strategically positioned in prime city center and resort destinations, ensuring significant underlying real estate value.
Park Hotels & Resorts focuses on acquiring and managing market-leading hotels that cater to both business and leisure travelers. The portfolio includes iconic and well-established brands known for their quality service and desirable locations across the country. This strategic positioning allows Park to capture a broad spectrum of guests and maximize occupancy rates.
The company's operational strategy emphasizes enhancing the value of its properties through rigorous asset management and continuous improvement initiatives. Park Hotels & Resorts leverages its extensive industry expertise to maintain high standards of guest satisfaction while optimizing operational efficiencies.
With a commitment to delivering long-term shareholder value, Park Hotels & Resorts pursues growth opportunities that align with its investment criteria. By focusing on high-quality assets in key markets and leveraging its strong management capabilities, the company aims to capitalize on the resilience and potential of the hospitality sector.