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 84% 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 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 shown a trend of decreasing emissions, with a notable reduction from 265,834,000 kg CO2e in 2017 to the latest figure in 2023. The company has not set specific reduction targets or initiatives as part of its climate commitments, which may limit its ability to align with industry standards for sustainability. However, it continues to disclose its emissions data, reflecting a commitment to transparency in its environmental impact. Overall, Park Hotels and Resorts is actively monitoring its carbon footprint, with a focus on reducing emissions from its operations, although further commitments and targets would enhance its climate strategy.
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 | - | - | - | - | - | - | - |
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.