Park Hotels & Resorts Inc. Common Stock (PK)

Competitors to Park Hotels & Resorts Inc. Common Stock (PK)

Choice Hotels International, Inc. 

Choice Hotels International operates a range of midscale and economy hotels, which allows it to target price-sensitive customers. While Park Hotels & Resorts focuses predominantly on upscale properties, Choice Hotels enables competition in the budget segment, attracting different customer demographics. However, Choice Hotels' focus on franchising rather than ownership may limit its competitive standing compared to Park's asset-heavy strategy, indicating that Park Hotels is leading among comparable upscale competitors.

Hilton Worldwide Holdings Inc. 

Hilton Worldwide Holdings operates thousands of hotels across several brands, competing directly with Park Hotels & Resorts in the upscale hospitality market. Hilton's strength lies in its global brand recognition and loyalty program, Hilton Honors, which incentivizes repeat business. This loyalty program and brand trust give Hilton a significant advantage over Park Hotels, especially in attracting frequent travelers.

Hyatt Hotels Corporation 

Hyatt Hotels Corporation competes with Park Hotels & Resorts by offering premium accommodations and a focus on customer experience. While Hyatt operates a fewer number of properties compared to larger chains like Marriott and Hilton, its emphasis on boutique hotels and personalized service sets it apart. However, Park Hotels' broader asset base may offer a more reliable occupancy rate due to its diverse property locations.

InterContinental Hotels Group (IHG) 

InterContinental Hotels Group (IHG) manages a diverse portfolio of hotel brands, competing in both the luxury and midscale sectors. IHG's reward program, IHG Rewards Club, is designed to attract both leisure and business travelers, further enhances its competitiveness. Park Hotels & Resorts competes with IHG primarily through its own portfolio of high-quality properties, but IHG's larger scale and international footprint provide it with competitive advantages.

Marriott International, Inc.

Marriott International is one of the largest hotel chains globally, providing a wide range of accommodations from luxury to budget options. They compete with Park Hotels & Resorts primarily through their extensive brand portfolio, loyalty programs, and global presence. Marriott's established reputation and diversified offerings allow it to attract a broader customer base, providing a competitive edge in both upscale and midscale segments.