Park Hotels & Resorts Inc

PK: XNYS (USA)

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After a Small Decline in Hotel EBITDA in 2025, Park Hotels Should See Modest Growth in 2026

Kevin Brown

Mar 11, 2026

Business Strategy and Outlook

Park Hotels & Resorts is the second-largest US lodging REIT, focusing on the upper-upscale hotel segment. The company was spun out of Hilton Worldwide Holdings at the start of 2017. Since then, it has sold all its international hotels and 27 lower-quality US hotels to focus on high-quality assets in domestic and gateway markets. Park completed the acquisition of Chesapeake Lodging Trust in September 2019; this complementary portfolio of 18 high-quality upper-upscale hotels has diversified Park's hotel brands to include Marriott, Hyatt, and IHG brands.

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Park Hotels & Resorts Inc

After a Small Decline in Hotel EBITDA in 2025, Park Hotels Should See Modest Growth in 2026

Business Strategy and Outlook

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