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.
+2 vs industry average
Park Hotels And Resorts’s score of 27 is higher than 58% 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
In 2024, Park Hotels and Resorts reported total carbon emissions of approximately 174,596,000 kg CO2e, comprising 54,771,000 kg CO2e from Scope 1 and 119,825,000 kg CO2e from Scope 2 emissions. The company has made significant strides in reducing its carbon footprint, achieving a 3% reduction in emissions compared to its 2019 baseline through 73 capital expenditure projects, which totalled nearly $21 million. These projects aimed to enhance the overall efficiency of their portfolio and are expected to impact both Scope 1 and Scope 2 emissions. Park Hotels and Resorts has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company is committed to ongoing sustainability efforts, as evidenced by its investment in efficiency projects. However, it has not set specific Science-Based Targets Initiative (SBTi) reduction targets at this time. Overall, Park Hotels and Resorts is actively working towards reducing its carbon emissions and enhancing its sustainability practices, aligning with industry standards for climate action.
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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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