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 Waste Data Preview

In 2023, Park Hotels & Resorts conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Park Hotels & Resorts's Waste Treatment Practices

In 2023, Park Hotels & Resorts generated a total of 17,636 metric tonnes of waste.

Of this amount, 11.87% of Park Hotels & Resorts's total waste generated was recovered through methods such as recycling, reuse, or composting, while 88.11% was disposed of through landfilling, incineration, or combustion.

Park Hotels & Resorts's Waste Recovery Rate

12%

How much of Park Hotels & Resorts's waste is recycled or recovered?

In 2023, Park Hotels & Resorts reported a total waste generation of 17,636 metric tonnes, of which 11.87% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Park Hotels & Resorts may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.

Has Park Hotels & Resorts reduced its environmental waste footprint over time?

Since 2019, Park Hotels & Resorts's total waste generation decreased by 29.45%, including a further 14.58% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Park Hotels & Resorts's waste recovery rate declined by 63.1%, with a further 30.63% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, while Park Hotels & Resorts has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

Park Hotels & Resorts’s Waste Recovery vs. Disposal Over Time

2019202020212022202306.5 k13 k19.5 k26 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Park Hotels & Resorts’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Park Hotels & Resorts generated a total of 17,636 metric tonnes of waste.

Of this amount, 0.03% of Park Hotels & Resorts's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 99.97% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Park Hotels & Resorts’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202306.5 k13 k19.5 k26 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Park Hotels & Resorts reduced the environmental impact of its waste?

Since 2019, Park Hotels & Resorts's total waste generation decreased by 29.45%, with an additional 14.58% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, the share of hazardous waste decreased by 94.82%, yet rose by 233.19% in 2023, potentially signaling operational variability, temporary setbacks, or less effective hazardous waste mitigation in the short term.

Overall, Park Hotels & Resorts's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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