Park Hotels & Resorts

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Overview

Tagline Brand's website · 2026-11-07

Park Hotels & Resorts is a publicly traded lodging real estate investment trust with a geographically diverse portfolio of premium-branded hotels and resorts in major U.S. markets.

Description Brand's website · 2026-11-07

Park Hotels & Resorts Inc. owns a portfolio of 29 premium-branded hotels and resorts with approximately 21,000 rooms. More than 90% of its portfolio is in the luxury or upper-upscale segment, and approximately 80% is located in major-city central business districts or resort and conference destinations. Park affiliates with brands including Hilton, Marriott and Hyatt and partners with brand and third-party operators.

Identity

Mission Brand's website · 2026-11-07

To be the preeminent lodging REIT by consistently delivering superior, risk-adjusted returns to stockholders through active asset management and a thoughtful external growth strategy while maintaining a strong and flexible balance sheet.

Founders & leadership Brand's website · 2026-11-07

Thomas J. Baltimore, Jr. — Chairman of the Board, President and Chief Executive Officer; Sean M. Dell’Orto — Executive Vice President, Chief Operating Officer, Chief Financial Officer and Treasurer; Carl A. Mayfield — Executive Vice President, Design & Construction; Jill C. Olander — Executive Vice President, Human Resources; Nancy M. Vu — Executive Vice President, General Counsel and Secretary; Joseph M. Piantedosi — Executive Vice President, Asset Management; Rebecca L. Flemming — Senior Vice President, Investments & Portfolio Management; Diem T. Larsen — Senior Vice President, Corporate Finance and Analytics; Darren W. Robb — Senior Vice President and Chief Accounting Officer; Ian C. Weissman — Senior Vice President, Corporate Strategy; Scott D. Winer — Senior Vice President, Tax; Stephanie S. Wingader — Senior Vice President, Assistant General Counsel.

Website Brand's website · 2026-11-07

https://pkhotelsandresorts.com

Voice & tone Brand's website · 2026-11-07

Corporate, investor-focused, performance-oriented and formal.

Founded Brand's website · 2026-11-07

January 3, 2017

Headquarters Brand's website · 2026-11-07

Tysons, Virginia

Parent ownership Brand's website · 2026-11-07

Established as an independent company following its spin-off from Hilton.

Offerings

Problem solved Brand's website · 2026-11-07

Park manages and creates value from lodging real estate by improving property-level operating performance, optimizing revenue and segment mix, allocating capital prudently, and pursuing external growth while managing balance-sheet and portfolio risks.

Core capabilities Brand's website · 2026-11-07

  • Active hotel asset management
  • Property-level operating performance improvement
  • Revenue management and market pricing optimization
  • Prudent capital allocation and capital recycling
  • Acquisition and external growth strategy
  • Value-enhancement projects and capital investment
  • Hotel brand and operator diversification
  • Balance-sheet and liquidity management

Products / SKUs Brand's website · 2026-11-07

  • Portfolio of 29 premium-branded hotels and resorts
  • Luxury and upper-upscale lodging real estate
  • Hotel and resort assets in major U.S. markets, resort destinations and conference markets

Audience

Target industry Brand's website · 2026-11-07

Lodging real estate, hospitality and hotel investment.

Customer base Brand's website · 2026-11-07

Stockholders and investors; hotel and resort assets are operated through brand and third-party operators.

Ideal customer profile Brand's website · 2026-11-07

Investors seeking exposure to a publicly traded lodging REIT focused on premium-branded luxury and upper-upscale hotels and resorts in major U.S. markets.

Use cases Brand's website · 2026-11-07

  • Investing in premium-branded lodging real estate
  • Active management of hotel and resort assets
  • Acquiring upper-upscale and luxury branded hotels in top U.S. cities and premium resort markets
  • Funding targeted capital investments and value-enhancement projects
  • Optimizing hotel revenue, operating performance and portfolio mix
  • Implementing environmental sustainability and efficiency programs

Customer outcomes Brand's website · 2026-11-07

  • Superior, risk-adjusted returns for stockholders
  • Improved property-level operating performance
  • Value creation through capital allocation, asset management and external growth
  • Portfolio exposure to premium-branded hotels and resorts in high-barrier-to-entry markets
  • Strong liquidity and a flexible balance sheet
  • Improved environmental efficiency and risk management across the portfolio

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Page last updated 2026-11-07.