Real Estate · REIT - Hotel & Motel
Park Hotels & Resorts Inc.
Large lodging REIT that owns premium branded hotels and resorts
Understand Park Hotels & Resorts →What Park Hotels & Resorts does
Park Hotels & Resorts owns upscale hotels and resorts, mostly in major city centers and popular resort destinations. It is one of the largest publicly traded real estate investment trusts (REITs) focused on hotels. Its portfolio includes 30 premium branded properties with about 21,000 guest rooms.
How Park Hotels & Resorts makes money
As the owner of hotel real estate, Park earns revenue from its properties' operations, mainly room bookings plus other guest spending. As a REIT, it passes much of its income to shareholders as dividends.
Products & services
- Premium branded hotels
- Resort properties
- City-center hotels
- Hotel real estate portfolio (~21,000 rooms)
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