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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 GHG Emissions Data Preview

In 2023, 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)202320222021
2020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Park Hotels & Resorts’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Park Hotels & Resorts’s Greenhouse Gas (GHG) Emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Park Hotels & Resorts amounted to 204,299 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).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Park Hotels & Resorts decreased by 0.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Park Hotels & Resorts's Scope 1 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e-37%+18%+28%+5%
  • Total Scope 1
  • Year-over-Year Change

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

In 2023, the total Scope 1 emissions of Park Hotels & Resorts were 59,383 metric tons of CO₂ equivalent (tCO₂e).a

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

Since 2019, Park Hotels & Resorts's Scope 1 emissions have remained relatively, stable, indicating that Park Hotels & Resorts's emissions have plateaued with no significant change in its operational footprint.a

Compared to the previous year (2022), Park Hotels & Resorts's Scope 1 emissions increased by 4.82%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

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

In 2023, Park Hotels & Resorts reported Scope 2 greenhouse gas (GHG) emissions of 137,384 tCO₂e using the market-based method and 144,916 tCO₂e using the location-based method.a

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

In 2023, Park Hotels & Resorts reported its Scope 2 emissions using the market-based method and using the location-based method.a

Park Hotels & Resorts's Scope 2 Emissions Over Time

20192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Park Hotels & Resorts’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Park Hotels & Resorts reported Scope 1 greenhouse gas (GHG) emissions of 59,383 tCO₂e and total revenues of USD 2,698 millions. This translates into an emissions intensity of 22.01 tCO₂e per millions USD.a

Park Hotels & Resorts's Scope 1 Emissions Intensity Compared to Peers

205005,00050,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)LSunstone Hotel InvestorsYear: 2020Scope 1: 9,388 tCO2eRevenue: $M 268Scope 1 Intensity: 35.04 tCO2e/$MApple Hospitality REITYear: 2024Scope 1: 29,790 tCO2eRevenue: $M 1,431Scope 1 Intensity: 20.81 tCO2e/$MChatham Lodging TrustYear: 2023Scope 1: 6,208 tCO2eRevenue: $M 311Scope 1 Intensity: 19.96 tCO2e/$MBXPYear: 2024Scope 1: 12,637 tCO2eRevenue: $M 3,408Scope 1 Intensity: 3.71 tCO2e/$MPebblebrook Hotel TrustYear: 2024Scope 1: 25,205 tCO2eRevenue: $M 1,453Scope 1 Intensity: 17.34 tCO2e/$MHost Hotels & ResortsYear: 2024Scope 1: 92,608 tCO2eRevenue: $M 5,684Scope 1 Intensity: 16.29 tCO2e/$MHealthpeak PropertiesYear: 2024Scope 1: 71,829 tCO2eRevenue: $M 2,700Scope 1 Intensity: 26.60 tCO2e/$MRealty IncomeYear: 2024Scope 1: 55 tCO2eRevenue: $M 5,288Scope 1 Intensity: 0.01 tCO2e/$MExtra Space StorageYear: 2024Scope 1: 37,171 tCO2eRevenue: $M 3,257Scope 1 Intensity: 11.41 tCO2e/$MCrown CastleYear: 2024Scope 1: 11,374 tCO2eRevenue: $M 6,568Scope 1 Intensity: 1.73 tCO2e/$MLLLineageYear: 2024Scope 1: 292,065 tCO2eRevenue: $M 5,340Scope 1 Intensity: 54.69 tCO2e/$MVICI PropertiesYear: 2024Scope 1: 821 tCO2eRevenue: $M 3,849Scope 1 Intensity: 0.21 tCO2e/$MSummit Hotel PropertiesYear: 2023Scope 1: 17,927 tCO2eRevenue: $M 736Scope 1 Intensity: 24.35 tCO2e/$MAmericold Realty TrustYear: 2024Scope 1: 94,310 tCO2eRevenue: $M 2,667Scope 1 Intensity: 35.37 tCO2e/$MNewmark GroupYear: 2024Scope 1: 950 tCO2eRevenue: $M 2,739Scope 1 Intensity: 0.35 tCO2e/$MEquity ResidentialYear: 2024Scope 1: 62,145 tCO2eRevenue: $M 2,980Scope 1 Intensity: 20.85 tCO2e/$MIron MountainYear: 2024Scope 1: 115,728 tCO2eRevenue: $M 6,150Scope 1 Intensity: 18.82 tCO2e/$MVentasYear: 2024Scope 1: 129,420 tCO2eRevenue: $M 4,924Scope 1 Intensity: 26.28 tCO2e/$MCentury CommunitiesYear: 2023Scope 1: 10,562 tCO2eRevenue: $M 3,692Scope 1 Intensity: 2.86 tCO2e/$MInvitation HomesYear: 2024Scope 1: 12,711 tCO2eRevenue: $M 2,619Scope 1 Intensity: 4.85 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MCoStar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MXenia Hotels & ResortsYear: 2024Scope 1: 19,028 tCO2eRevenue: $M 1,039Scope 1 Intensity: 18.31 tCO2e/$MRyman Hospitality PropertiesYear: 2024Scope 1: 75,274 tCO2eRevenue: $M 2,339Scope 1 Intensity: 32.18 tCO2e/$MPark Hotels & ResortsYear: 2023Scope 1: 59,383 tCO2eRevenue: $M 2,698Scope 1 Intensity: 22.01 tCO2e/$M

How does Park Hotels & Resorts's GHG emissions intensity compare to its peers?

In 2023, Park Hotels & Resorts reported a Scope 1 emissions intensity of 22.01 tCO₂e per millions USD. Compared to the peer group median of 17.83, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Park Hotels & Resorts rank on GHG emissions intensity within its industry?

In 2023, Park Hotels & Resorts ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Park Hotels & Resorts is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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