Park Hotels & Resorts Inc.

Park Hotels & Resorts operates as a publicly-traded hotel real estate investment trust with a portfolio of 38 premium-branded properties totaling approximately 24,000 rooms. The company generates revenue primarily through room rental operations across its hotel and resort properties, which are managed under various third-party hotel operating agreements. Properties are concentrated in major city center locations and resort destinations across the United States.

The company's portfolio consists of hotels and resorts operating under established brand flags in competitive lodging markets. Revenue is derived from nightly room rates, food and beverage services, and ancillary hotel operations at the underlying properties. The company also generates income through real estate ownership of properties leased to hotel operators.

Headquartered in Tysons, Virginia, Park Hotels maintains a minimal corporate workforce of 91 full-time employees, reflecting the typical structure of hotel REITs that rely on third-party management companies to operate their properties. The company is incorporated in Delaware and is publicly listed on the New York Stock Exchange.