Park Hotels And Resorts
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
Park Hotels And Resorts's reported carbon emissions
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 205,916,000 kg CO2e in 2022, indicating a commitment to reducing their carbon footprint. Over the years, the company has shown a trend of decreasing emissions, with total emissions dropping from about 265,834,000 kg CO2e in 2017 to the latest figure in 2023. This reduction reflects ongoing efforts to enhance energy efficiency and sustainability practices within their operations. Despite these reductions, Park Hotels and Resorts has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined targets suggests a need for further commitment to structured climate action and transparency in their sustainability strategy. Overall, while Park Hotels and Resorts has made progress in reducing emissions, the lack of formal reduction targets highlights an opportunity for the company to strengthen its climate commitments in the hospitality industry.
Unlock detailed emissions data
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 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
