Core Insights - Park Hotels & Resorts Inc. (NYSE:PK) is recognized as one of the 12 Best REIT Dividend Stocks to buy currently [1] - The company primarily invests in hotel assets, featuring well-known brands such as Hilton, Marriott, and Hyatt, and focuses on enhancing property value through redevelopment and strategic acquisitions [2] Company Strategy - Park Hotels & Resorts is reallocating capital from non-core assets to high-return projects, including significant renovations at flagship hotels, while maintaining a conservative balance sheet to manage costs effectively [3] - The company emphasizes cost management and aims to strengthen its portfolio through targeted investments in core assets [3] Dividend Performance - As of October 1, Park Hotels & Resorts has a dividend yield of 9.07%, with a quarterly dividend of $0.25, making it appealing for income and value investors [4]