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 GHG Emissions Data Preview

In 2022, Park Hotels & Resorts completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), and Scope 2 (indirect emissions from purchased energy).

However, Park Hotels & Resorts has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Park Hotels & Resorts's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Park Hotels & Resorts amounted to 205,916 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Park Hotels & Resorts increased by 15.3%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Park Hotels & Resorts's Scope 1 Emissions Over Time

20182019202020212022020 k40 k60 k80 ktCO2e+3%-42%+18%+28%
  • Total Scope 1
  • Year-over-Year Change

What are Park Hotels & Resorts's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Park Hotels & Resorts were 56,654 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Park Hotels & Resorts reduced its Scope 1 emissions over time?

Since 2018, Park Hotels & Resorts's Scope 1 emissions have decreased by 9.27%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Park Hotels & Resorts's Scope 1 emissions increased by 27.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Park Hotels & Resorts's Scope 2 emissions?

In 2022, Park Hotels & Resorts reported Scope 2 greenhouse gas (GHG) emissions of 149,262 tCOâ‚‚e using the market-based method.

Has Park Hotels & Resorts reduced its Scope 2 emissions over time?

Since 2018, Park Hotels & Resorts's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 13.82%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Park Hotels & Resorts's Scope 2 emissions (Market-Based) rose by 11.22% in 2022, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Park Hotels & Resorts use for Scope 2 reporting?

In 2022, Park Hotels & Resorts reported its Scope 2 emissions using the market-based method.

Park Hotels & Resorts's Scope 2 Emissions Over Time

20182019202020212022045 k90 k135 k180 ktCO2e
  • Total Scope 2 Market-Based

Insights into Park Hotels & Resorts's Total Carbon Footprint

In 2022, Park Hotels & Resorts reported a total carbon footprint of 205,916 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.3% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Park Hotels & Resorts's total carbon footprint was Scope 2 emissions, accounting for 72.49% of the company's total carbon footprint, followed by Scope 1 emissions at 27.51%.