Park Hotels & Resorts
Hospitality · Virginia, United States · 51-200 Employees
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Overview
Headquarters
1775 Tysons Blvd Fl 7, Tysons, Virginia,...Phone Number
(571) 302-5757Website
www.pkhotelsandresorts.comRevenue
$2.5 BillionStock Symbol
PKIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
4
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About Park Hotels & Resorts
Park Hotels & Resorts Inc. is a lodging real estate investment trust focused on owning and managing a portfolio of premium hotels and resorts located in key markets across the United States. The company invests in high-quality hospitality properties with strong underlying real estate value and works to create long-term value through active asset management, strategic capital allocation, and disciplined growth initiatives.Explore more
Park Hotels & Resorts Org Chart
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Senior VP, Financial Planning & Analysis
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Senior VP, Investments & Portfolio Management
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Senior VP, Corporate Finance & Analytics
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Vice President, Asset Management
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Vice President, Asset Management
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Vice President, Tax
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Capital Markets Vice President, Corporate Fin...
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Company Profile Activity
Activity Insights
Park Hotels & Resorts is experiencing very low activity levels compared to other companies in the Hospitality sector.
What does this means?
Park Hotels & Resorts is drawing exceptional interest within the Hospitality industry, suggesting notable developments or strong market momentum, learn more about Park Hotels & Resorts.
Park Hotels & Resorts Tech Stack
A closer look at the technologies used by Park Hotels & Resorts
Most Recent Scoops
Earnings
Park Hotels & Resorts has reported that following the planned completion of the Ali'i Tower renovation at Hilton Hawaiian Village in early 2027, the company will have completed nearly $350 million in transformative capital investments across its Hawaii portfolio, positioning its Hawaiian resorts to narrow an approximately $60 million EBITDA gap relative to their 2023 peak earnings level.
Earnings, Spending/Investment, Hospitality, Finance
Divestiture
Park Hotels & Resorts has sold or disposed of 10 of 19 identified non-core hotels since announcing its exit plan in early 2025, generating nearly $200 million in proceeds at an average multiple of approximately 12.5x EBITDA, and has sold or disposed of 55 assets for more than $3 billion since its spin, with remaining non-core hotels accounting for less than 5% of the portfolio's value.
Divestitures
Project
Park Hotels & Resorts has officially reopened the Royal Palm South Beach following the completion of a more than $100 million transformative redevelopment, which included the comprehensive renovation of all 393 existing guest rooms, the addition of 11 new keys, a reimagination of lobby and public spaces, four new food and beverage concepts, and enhancements to meeting and event facilities, completed in 15 months as planned.
Earnings
Park Hotels & Resorts has reported that Hilton Hawaiian Village delivered RevPAR growth of nearly 12% and EBITDA growth of more than 13% in Q2, with a RevPAR index of 117 at the end of June, representing a 4-point improvement compared to June 2024, and July occupancy of 98%, a nearly 700 basis point improvement year-over-year.
Earnings, Hospitality, Finance
Project
Hospitality
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Frequently Asked Questions Regarding Park Hotels & Resorts
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Park Hotels & Resorts Inc. is a lodging real estate investment trust focused on owning and managing a portfolio of premium hotels and resorts located in key markets across the United States. The company invests in high-quality hospitality properties with strong underlying real estate value and works to create long-term value through active asset ma... Read More
