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Park Hotels & Resorts company history timeline

2017

Park was established as an independent company on January 3, 2017, following its spin-off from Hilton.

2018

HNA Group, which had owned 25 percent of the company, sold all its shares in March 2018 in a stock buyback and a secondary offering for a total of $1.4 billion.

2019

In 2019, Park acquired Chesapeake Lodging Trust for $1 billion in cash plus $978 million in stock.

2022

©2022 PARK HOTELS & RESORTS

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Founded
2017
Company founded
Headquarters
McLean, VA
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Zippia gives an in-depth look into the details of Park Hotels & Resorts, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Park Hotels & Resorts. The employee data is based on information from people who have self-reported their past or current employments at Park Hotels & Resorts. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Park Hotels & Resorts. The data presented on this page does not represent the view of Park Hotels & Resorts and its employees or that of Zippia.

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