Company
Park Hotels & Resorts Inc.
Headquarters: Tysons, VA, United States
Founded: January 4, 2017
Employees: 80
CEO: Mr. Thomas Jeremiah Baltimore Jr.
Market Cap
$2.84 Billion
USD as of Jan. 1, 2025
Park Hotels & Resorts Inc. Categories
United States Real Estate REIT—Hotel & MotelUnited States Real Estate United States REIT—Hotel & Motel
Top Competitors by Market Capitalization
Industry: REIT—Hotel & Motel
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $109.79 B |
| Equinix, Inc. (REIT) | $90.79 B |
| American Tower | $87.10 B |
| Welltower Inc. | $82.34 B |
| Simon Property Group, Inc. | $65.66 B |
Detailed Description
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.
Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $2.66 B |
| EBITDA | $651.0 M |
| Gross Profit TTM | $847.0 M |
| Profit Margin | 12.51% |
| Operating Margin | 15.95% |
| Quarterly Revenue Growth | -0.60% |
Stocks & Indices
Park Hotels & Resorts Inc. has the following listings and related stock indices.
Stock: NYSE: PK wb_incandescent
Stock: FSX: HIP wb_incandescent
Key People
Thomas J. Baltimore, Jr. (Chairman & CEO)