Park Hotels & Resorts Inc

Common Name

Park Hotels & Resorts

Country

United States

Sector

Real Estate

Industry

REIT - Hotel & Motel

Employees

Ticker

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.pkhotelsandresorts.com

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 ... Show more

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)	2022	2021	2020	2019 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 1 Revenue Intensity (tCO2e/$M) Total direct GHG emissions from categories that are owned or directly controlled by the company relative to the company's total revenues in USD for the corresponding fiscal year.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000

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Verified Sources Behind Park Hotels & Resorts’s Greenhouse Gas (GHG) Emissions Data

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a. Park Hotels & Resorts's Corporate Responsibility Report (CRR) 2023

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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). ^a

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. ^a

Park Hotels & Resorts's Scope 1 Emissions Over Time

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 CO₂ equivalent (tCO₂e). ^a

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. ^a

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. ^a

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

In 2022, Park Hotels & Resorts reported Scope 2 greenhouse gas (GHG) emissions of 149,262 tCO₂e using the market-based method. ^a

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. ^a

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 ^a

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. ^a

Park Hotels & Resorts's Scope 2 Emissions Over Time

Total Scope 2 Market-Based

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