Park Hotels & Resorts Inc. is a well-known real estate investment trust (REIT) that specializes in hotels. It has a diverse portfolio of 43 premium hotels and resorts, offering over 26,000 rooms in major U.S. markets.

The majority of these accommodations, about 86%, are in the luxury and upscale categories. All of the properties are located in the United States and its territories. The portfolio includes hotels in key urban and convention centers like New York City, Washington, D.C., Chicago, Boston, New Orleans, and Denver, as well as first-class resorts in popular leisure destinations such as Hawaii, Orlando, Key West, and Miami Beach.

Park Hotels & Resorts owns notable brands like Hilton Hotels & Resorts, DoubleTree by Hilton, Signia by Hilton, and Hyatt Regency. The company operates through two segments: consolidated hotels and unconsolidated hotels, focusing on high-value real estate in the hospitality sector.