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 90 full-time employees. The company went IPO on 2016-12-13. Its portfolio consists of approximately 34 hotels and resorts with 23,000 rooms, located in the United States. The company operates the business through three operating segments, which include Core hotels, consolidated Non-Core hotels and unconsolidated hotels. Its Core hotels are located in urban and convention areas, such as New York City, Washington, D.C., Chicago, Boston, New Orleans and Denver; and premier resorts in leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; as well as hotels in select airport and suburban locations. Its Core Hotels include Hilton Hotels & Resorts, Hyatt Regency, Signia by Hilton, DoubleTree by Hilton, DoubleTree by Hilton, Marriott Tribute Portfolio and JW Marriott. Its Non-Core Hotels include Marriott, Marriott Tribute Portfolio and Embassy Suites by Hilton.