Headquarters: Tysons, VA, United States
Founded: January 4, 2017
CEO: Mr. Thomas Jeremiah Baltimore Jr.
USD as of April 1, 2022
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.
Park Hotels & Resorts is a real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.
Source: Wikipedia, retrieved on Feb. 18, 2021, 3:53 p.m.
Thomas J. Baltimore, Jr. (Chairman & CEO)
Revenue: $2.8 billion (2019)
Net income: $316 million (2019)
Total assets: $11.3 billion (2019)
Total equity: $6.5 billion (2019)