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.
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.
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.
Park Hotels And Resorts's score of 31 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Park Hotels and Resorts reported total carbon emissions of approximately 196,767,000 kg CO2e. This figure includes about 59,383,000 kg CO2e from Scope 1 emissions and approximately 137,384,000 kg CO2e from Scope 2 emissions. Over the years, the company has shown a trend of fluctuating emissions, with a notable decrease from about 265,834,000 kg CO2e in 2017 to the latest figure in 2023. The emissions data indicates a commitment to monitoring and reporting on their carbon footprint, although there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company has not established Science-Based Targets Initiative (SBTi) reduction targets or other formal reduction initiatives, which suggests a potential area for future improvement in their climate strategy. Overall, while Park Hotels and Resorts has made progress in tracking emissions, the absence of defined reduction goals highlights the need for a more robust approach to climate action in the hospitality sector.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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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 | - | - | - | - | - | - | - |
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.