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Park Hotels & Resorts Inc

Common Name
Park Hotels & Resorts
Country
United States
Sector
Real Estate
Industry
REIT - Hotel & Motel
Employees
91
Ticker
PK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Park Hotels & Resorts Inc. operates as a leading real estate investment trust (REIT) focused primarily on owning and managing upscale and luxury hotels. It was spun off from Hilton Worldwide Holdings ...

Park Hotels & Resorts's Energy Data Preview

In 2023, Park Hotels & Resorts disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Park Hotels & Resorts also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Park Hotels & Resorts also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Park Hotels & Resorts also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Park Hotels & Resorts's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Limited Data Preview
You are viewing a limited preview of Park Hotels & Resorts’s Energy dataset. The full dataset, available for download, includes reported energy consumption and production by energy type (e.g., electricity, heat, fuels), energy source, and renewability, with historical coverage back to 2019.
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Verified Sources Behind Park Hotels & Resorts’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Park Hotels & Resorts’s data sources below and access millions more through our Disclosure Search.

a. Park Hotels & Resorts's Corporate Responsibility Report (CRR) 2024
a. Park Hotels & Resorts's Corporate Responsibility Report (CRR) 2024

Insights into Park Hotels & Resorts's Energy Renewability

In 2023, Park Hotels & Resorts consumed a total of 2.33 million Gigajoules of energy across its operations. Of this total, 11.91% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 88.09% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Park Hotels & Resorts's Energy Renewability Rate

12%

How much of Park Hotels & Resorts's energy consumed is renewable?

In 2023, Park Hotels & Resorts consumed a total of 2.33 million Gigajoules of energy, of which 11.91% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Park Hotels & Resorts has considerable room to improve its energy sustainability strategy.

Are Park Hotels & Resorts's energy practices becoming more sustainable?

Since 2019, Park Hotels & Resorts's total energy consumption decreased by 13.59%, including a further 2.5% drop in 2023, highlighting a continued decline in energy use.a

a

Park Hotels & Resorts's Renewable vs Non-renewable Energy Over Time

2.25 M753.59 k746.41 k2.25 MGigajoules (GJ)2023202220212020201912%88%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Park Hotels & Resorts's Energy Consumption & Production Mix

In 2023, Park Hotels & Resorts disclosed detailed information on the sources and generation technologies of the energy it consumed.This disclosure enables a clearer assessment of the Park Hotels & Resorts's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.a

Park Hotels & Resorts's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(56.6%)Natural Gas(43.4%)

What are the main sources and generation technologies behind Park Hotels & Resorts's energy consumption?

In 2023, Park Hotels & Resorts's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (56.64%)
  • Natural Gas (43.36%)

How diverse is Park Hotels & Resorts’s energy consumption mix?

In 2023, Park Hotels & Resorts consumed energy from 2 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.a

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