Public Hospitality 22 Active Jobs
Park Hotels & Resorts (“Park”), is a leading lodging real estate company with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Its high-quality portfolio consists of 69 premium-branded hotels and resorts with nearly 36,000 rooms located in prime U.S. and international markets with high barriers to entry. Over 85% of Park’s rooms are luxury and upper upscale and nearly 90% are located in the United States, including 14 of the top 25 markets as defined by Smith Travel Research (STR). Over 70% of its rooms are located in the central business districts of major cities and resort/conference destinations. With $2.7 billion of revenue, $817 million of Adjusted EBITDA and $299 million of net income in 2015, Park will be the second-largest publicly traded lodging REIT. Park is focused on generating attractive long-term total returns by enhancing the value of its exceptional properties and utilizing its scale to efficiently allocate capital while maintaining a strong and flexible balance sheet.