Park Hotels & Resorts Inc (PK) Stock Price Prediction

Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. The company is headquartered in Tysons Corner, Virginia and currently employs 91 full-time employees. The company went IPO on 2016-12-13. The firm has a diverse portfolio of hotels and resorts with significant underlying real estate value. Its portfolio consists of 43 premium-branded hotels and resorts with over 26,000 rooms, located in prime United States markets. The firm has two operating segments: consolidated hotels and unconsolidated hotels. Approximately 86% of its rooms are luxury and upper upscale and all of its rooms are located in the United States and its territories. Its portfolio includes hotels in urban and convention areas, such as New York City, Washington, D.C., Chicago, Boston, New Orleans and Denver; and premier resorts in key leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; as well as hotels in select airport and suburban locations. Its brands include Hilton Hotels & Resorts, DoubleTree by Hilton, Signia by Hilton, Hyatt Regency, and others.