Park Hotels And Resorts
Park Hotels and Resorts, headquartered in the United States, is a prominent player in the hospitality industry, specialising in the ownership and operation of high-quality hotels and resorts. Founded in 2017, the company has quickly established itself as a leader in the sector, focusing primarily on premium branded hotels in key urban and resort markets across the US. With a diverse portfolio that includes well-known brands such as Marriott, Hilton, and Hyatt, Park Hotels and Resorts distinguishes itself through its commitment to exceptional guest experiences and strategic property management. The company has achieved significant milestones, including a successful public listing, which has bolstered its market position. As a trusted name in hospitality, Park Hotels and Resorts continues to innovate and expand, ensuring a unique blend of comfort and luxury for travellers.
DitchCarbon Score
How does Park Hotels And Resorts's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Park Hotels And Resorts's score of 26 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Park Hotels And Resorts's reported carbon emissions
In 2023, Park Hotels and Resorts reported total carbon emissions of approximately 196,767,000 kg CO2e. This figure includes 59,383,000 kg CO2e from Scope 1 emissions and 137,384,000 kg CO2e from Scope 2 emissions. Over the years, the company has demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from about 265,834,000 kg CO2e in 2017 to the latest figure in 2023. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor does it have documented reduction initiatives. However, it continues to disclose its emissions data, which reflects a proactive approach to transparency in its climate commitments. The trend shows a significant reduction in emissions, indicating ongoing efforts to improve energy efficiency and sustainability practices within its operations. Park Hotels and Resorts' emissions intensity has also improved, with a reported intensity of approximately 0.0726 kg CO2e per unit of revenue in 2023, down from higher values in previous years. This suggests a positive trajectory towards more sustainable operations, aligning with industry standards for climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 66,869,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 198,965,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Park Hotels And Resorts is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
