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 disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Energy Consumption | 2,325,765a | 2,385,410a | 2,043,529a | |
Non-Renewable Energy Consumption | 2,048,715a | 2,146,869a | N/A | |
Renewable Energy Consumption | 277,050a | 238,541a | N/A |
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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
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.
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
Over the same period, the share of renewable energy in Park Hotels & Resorts's consumption increased by 19.12%, showing a recent positive trend in clean energy adoption.a