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Park Hotels & Resorts' Waldorf Astoria Orlando Ranked Among the Best Hotels in the World by Conde Nast Traveler
Park Hotels & ResortsPark Hotels & Resorts(US:PK) GlobeNewswire News Room·2024-10-08 20:15

Core Insights - Park Hotels & Resorts Inc. announced that the Waldorf Astoria Orlando hotel has been ranked 9th in the world by Condé Nast Traveler in its 2024 Readers' Choice Awards for the Best Resorts in the World [1][2] Company Overview - Park Hotels & Resorts is one of the largest publicly traded lodging REITs, with a diverse portfolio of iconic and market-leading hotels and resorts that possess significant underlying real estate value [2] - The company's portfolio currently consists of 41 premium-branded hotels and resorts, totaling over 25,000 rooms located in prime city center and resort locations [2] Investment and Development - The recognition of the Waldorf Astoria Orlando is attributed to Park's development capabilities, following a $220 million investment aimed at reimagining both the Waldorf Astoria Orlando and Signia by Hilton Orlando Bonnet Creek [2] - The company aims to continue creating exceptional experiences for guests while driving long-term value for shareholders [2]