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 81% 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, comprising about 59,383,000 kg CO2e from Scope 1 and about 137,384,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2022, where emissions were approximately 205,916,000 kg CO2e. Over the years, the company has shown a trend of reducing its emissions, with a notable drop from about 265,834,000 kg CO2e in 2017 to the latest figure. Despite these reductions, Park Hotels and Resorts has not set specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction goals indicates a potential area for improvement in their sustainability strategy. The company continues to disclose its emissions data, focusing on transparency in its environmental impact.
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.