Park Hotels and Resorts, headquartered in the United States, is a prominent player in the hotel and restaurant services industry. Founded in 2016, the company has rapidly established itself as a leader in the hospitality sector, focusing on premium hotels and resorts across major operational regions in the US and internationally.
Specialising in high-quality accommodations and exceptional guest experiences, Park Hotels and Resorts offers a diverse portfolio of properties, including upscale and luxury hotels. Their commitment to innovation and sustainability sets them apart in a competitive market. With a strong market position, the company has achieved notable milestones, including strategic acquisitions that enhance its offerings and expand its reach.
+2 vs industry average
Park Hotels And Resorts’s score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Hospitality has typical carbon intensity
Industry performance
The Hospitality industry has reduced its overall emissions by 22% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Park Hotels And Resorts's reported carbon emissions
Park Hotels and Resorts, operating in the hotel and restaurant services industry with its headquarters in the US, reported its Scope 1 and Scope 2 emissions for recent years. For 2024, the company recorded approximately 54.8 million kg CO2e for Scope 1 emissions and approximately 119.8 million kg CO2e for Scope 2 emissions. In 2023, Scope 1 emissions were approximately 59.4 million kg CO2e and Scope 2 emissions were approximately 137.4 million kg CO2e. These figures represent a decrease from 2019, when Scope 1 emissions were approximately 59.4 million kg CO2e and Scope 2 emissions were approximately 165.6 million kg CO2e. Park Hotels and Resorts has outlined climate commitments focused on efficiency improvements. In 2023, the company completed 73 capital expenditure projects, totalling nearly $21 million, aimed at enhancing portfolio efficiency. These initiatives are projected to deliver a combined carbon reduction of 3% compared to their 2019 baseline across both Scope 1 and Scope 2 emissions. The company has not disclosed Scope 3 emissions data for the reported periods, with specific categories like purchased goods and services, and employee commute noted as missing data points.
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Park Hotels And Resorts’s Climate Goals (2030 & 2050)
2 goals2023
3% reduction in Scope 1
In 2023, we completed 73 capital expenditure projects that totaled nearly $21 million that helped to improve the overall efficiency of our p…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Park Hotels And Resorts
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