# Thomas Baltimore

> Thomas J. Baltimore, Jr. is chairman, president and CEO of Park Hotels & Resorts, based in McLean, Virginia. He co-founded RLJ Development with Robert L. Johnson in 2000, led RLJ Lodging Trust through its public-company years until 2016, and joined the planned Hilton hotel-property spinoff that became Park in 2017. A University of Virginia commerce and MBA graduate, he supports education and serves on the boards of American Express and Comcast.

- **Role:** Chairman of the Board, President and Chief Executive Officer at Park Hotels & Resorts
- **Organizations:** Park Hotels & Resorts, RLJ Development, RLJ Lodging Trust, American Express, Comcast, University of Virginia Investment Management Company, UVA McIntire School of Commerce Foundation, The Real Estate Roundtable, American Hotel & Lodging Association, Nareit
- **From:** Front Royal, United States
- **Education:** Baldwin Wallace College, B.S. in Commerce, accounting, University of Virginia, McIntire School of Commerce, MBA, University of Virginia, Darden School of Business
- **Known for:** Co-founded RLJ Development and led RLJ Lodging Trust from its 2011 IPO until 2016., Led Park Hotels & Resorts following its Hilton spinoff., Horatio Alger Award recipient, Class of 2025.

## Career timeline

- **1985** — Graduated from UVA and began his career at Price Waterhouse.
- **1988-2000** — Held positions at Marriott Corporation, Host Marriott Services and Hilton Hotels Corporation.
- **1991** — Earned his MBA at Darden.
- **2000** — Co-founded RLJ Development with Robert L. Johnson.
- **2011** — Became president, CEO and trustee of RLJ Lodging Trust following its IPO.
- **2016** — Left RLJ to lead Hilton’s planned hotel-property REIT.
- **2017** — Park became a public company following its separation from Hilton; Baltimore rang the NYSE opening bell on January 11.
- **2018** — Served as Nareit chair.
- **2021** — Joined the American Express board.
- **2023** — Joined the Comcast board.
- **2025** — Received the Horatio Alger Award and Nareit Industry Leadership Award.

## Achievements

- Co-founded RLJ Development and led RLJ Lodging Trust from its 2011 IPO until 2016.
- Led Park Hotels & Resorts following its Hilton spinoff.
- Horatio Alger Award recipient, Class of 2025.
- Nareit Industry Leadership Award recipient, 2025.
- With his wife Hillary, supported scholarships and educational institutions, including UVA.

## Latest updates

- **2026-10** — Park’s October 21 corporate responsibility update reported 29 hotels and approximately 21,000 rooms, alongside building certifications and resilience investments.
- **2026-09** — Park repaid the $1.275 billion mortgage secured by Hilton Hawaiian Village using other financing facilities, extending its weighted-average debt maturity to 3.1 years including extension options.
- **2025-12** — Nareit recognized Baltimore with its Industry Leadership Award at REITworld.

## Links

- Website: https://www.pkhotelsandresorts.com/
- LinkedIn: https://www.linkedin.com/in/thomas-j-baltimore-jr-912070348

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Profile page: https://yespress.io/thomas-baltimore
Published by YesPress — https://yespress.io
Last updated: 2026-10-24