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Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Recognizes Year-to-Date Energy Star Certified Properties

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Park Hotels & Resorts (NYSE: PK) has released its 2023 Corporate Responsibility Report, highlighting environmental, social, and governance initiatives. The company announced that six of its properties earned ENERGY STAR certifications in 2024 for superior energy performance, including the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort. Since 2017, Park properties have earned 33 ENERGY STAR certifications.

The report details Park's environmental reduction progress, efficiency enhancement efforts, and commitment to diversity, equity, and inclusion. Park achieved notable recognition in the GRESB Real Estate Assessment, ranking in the top 30% of publicly listed companies in the Americas, with a one-point increase over 2023 and maintaining an 'A' score in GRESB Public Disclosure.

Park Hotels & Resorts (NYSE: PK) ha pubblicato il suo Rapporto di Responsabilità Aziendale 2023, evidenziando iniziative ambientali, sociali e di governance. L'azienda ha annunciato che sei delle sue strutture hanno ottenuto le certificazioni ENERGY STAR nel 2024 per prestazioni energetiche superiori, incluso il complesso Hilton Hawaiian Village Waikiki Beach Resort con 2.860 camere. Dal 2017, le strutture di Park hanno ottenuto 33 certificazioni ENERGY STAR.

Il rapporto fornisce dettagli sui progressi di Park nella riduzione dell'impatto ambientale, sugli sforzi per migliorare l'efficienza e sull'impegno per la diversità, l'equità e l'inclusione. Park ha ottenuto un riconoscimento significativo nella GRESB Real Estate Assessment, posizionandosi nel 30% migliore delle società quotate in borsa nelle Americhe, con un incremento di un punto rispetto al 2023 e mantenendo un punteggio 'A' nella GRESB Public Disclosure.

Park Hotels & Resorts (NYSE: PK) ha publicado su Informe de Responsabilidad Corporativa 2023, destacando las iniciativas ambientales, sociales y de gobernanza. La compañía anunció que seis de sus propiedades obtuvieron certificaciones ENERGY STAR en 2024 por su destacada eficiencia energética, incluyendo el Hilton Hawaiian Village Waikiki Beach Resort, que cuenta con 2.860 habitaciones. Desde 2017, las propiedades de Park han obtenido 33 certificaciones ENERGY STAR.

El informe detalla el progreso de Park en la reducción ambiental, los esfuerzos para mejorar la eficiencia y el compromiso con la diversidad, la equidad y la inclusión. Park recibió un reconocimiento notable en la GRESB Real Estate Assessment, clasificado en el 30% superior de las empresas que cotizan en bolsa en las Américas, con un aumento de un punto respecto a 2023 y manteniendo una calificación 'A' en la divulgación pública de GRESB.

Park Hotels & Resorts (NYSE: PK)는 2023년 기업 책임 보고서를 발표하며 환경, 사회 및 거버넌스 이니셔티브를 강조했습니다. 이 회사는 6개의 자산이 2024년 ENERGY STAR 인증을 획득했으며, 그 중에는 2,860개의 객실을 보유한 힐튼 하와이안 빌리지 와이키키 비치 리조트가 포함되어 있다고 발표했습니다. 2017년 이후 Park의 자산은 33개의 ENERGY STAR 인증을 받았습니다.

보고서는 Park의 환경 감소 진전, 효율성 향상 노력, 그리고 다양성, 형평성 및 포용에 대한 헌신을 자세히 설명합니다. Park는 GRESB 부동산 평가에서 주목할 만한 인정을 받았으며, 미국의 상장 기업 중 상위 30%에 랭크 됐고, 2023년에 비해 1점 증가하며 GRESB 공개 보고에서 'A' 점수를 유지했습니다.

Park Hotels & Resorts (NYSE: PK) a publié son Rapport de Responsabilité Sociétale 2023, mettant en avant les initiatives environnementales, sociales et de gouvernance. L'entreprise a annoncé que six de ses établissements ont reçu des certifications ENERGY STAR en 2024 pour leur performance énergétique supérieure, y compris le Hilton Hawaiian Village Waikiki Beach Resort avec 2 860 chambres. Depuis 2017, les propriétés de Park ont obtenu 33 certifications ENERGY STAR.

Le rapport détaille les progrès de Park en matière de réduction de l'impact environnemental, ses efforts d'amélioration de l'efficacité et son engagement en faveur de la diversité, de l'équité et de l'inclusion. Park a également reçu une reconnaissance notable dans l'Évaluation GRESB Immobilier, se classant dans le top 30 % des entreprises cotées en bourse dans les Amériques, avec une augmentation d'un point par rapport à 2023 et maintenant une note 'A' dans la divulgation publique GRESB.

Park Hotels & Resorts (NYSE: PK) hat seinen Corporate Responsibility Report 2023 veröffentlicht, der umwelt-, sozial- und governancebezogene Initiativen hervorhebt. Das Unternehmen gab bekannt, dass sechs seiner Immobilien im Jahr 2024 ENERGY STAR Zertifizierungen für überlegene Energieeffizienz erhalten haben, darunter das Hilton Hawaiian Village Waikiki Beach Resort mit 2.860 Zimmern. Seit 2017 haben die Park-Immobilien 33 ENERGY STAR Zertifizierungen erhalten.

Der Bericht gibt Details zu Parks Fortschritten in der Umweltreduktion, den Effizienzsteigerungsmaßnahmen und dem Engagement für Vielfalt, Gleichheit und Inklusion. Park erhielt eine bemerkenswerte Anerkennung in der GRESB Real Estate Assessment und rangiert im oberen 30%-Bereich der börsennotierten Unternehmen in den Amerikas, mit einem Anstieg um einen Punkt im Vergleich zu 2023 und einer 'A'-Bewertung in der GRESB Public Disclosure.

Positive
  • Six properties earned ENERGY STAR certifications in 2024
  • Ranked in top 30% of GRESB participant companies in Americas
  • GRESB score increased by nine points since 2020
  • Maintained 'A' score in GRESB Public Disclosure
Negative
  • None.

TYSONS, Va., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) today announced that the Company has issued its annual Corporate Responsibility (“CR”) Report, which details Park’s environmental, social and governance performance and initiatives during 2023 as well as the Company’s corporate responsibility strategy and approach to risk management. In addition, Park is pleased to recognize six of its hotels and resorts for earning ENERGY STAR certifications for superior energy performance during year-to-date 2024, continuing Park’s commitment to enhancing efficiency in the built environment.

“Our corporate responsibility program continues to advance, led by our best-in-class risk management practices, strategic approach to reducing our environmental footprint, unwavering commitment to diversity, equity and inclusion (“DEI”) and transparent corporate governance practices,” said Thomas J. Baltimore, Jr., Chairman and CEO of Park. “This year’s CR Report details our targeted resiliency efforts at some of Park’s coastal properties and highlights the transformative work we have completed at the Casa Marina resort in Key West. On the environmental front, in addition to describing our environmental reduction progress against our new 2019 baseline, the CR Report includes information on our efforts to enhance efficiency through retro-commissioning of various systems and equipment as well as our focus on biodiversity preservation. Furthermore, the CR Report spotlights our social impact efforts that support our associates with comprehensive benefits and pay parity across gender and race, and that support the communities in which we engage by partnering with local charitable organizations that align with our DEI mission statement. I am incredibly proud of our corporate responsibility efforts, which are a cornerstone of our Company.”

Park’s Year-to-Date 2024 ENERGY STAR Certified Hotels for Superior Energy Performance:

  • 2,860-room Hilton Hawaiian Village Waikiki Beach Resort
  • 613-room Hilton Denver City Center
  • 505-room DoubleTree by Hilton San Jose
  • 502-room Hyatt Regency Boston
  • 396-room Hilton Seattle Airport & Conference Center
  • 224-room Juniper Hotel Cupertino, Curio Collection by Hilton

Since Park’s formation as a public company in 2017, Park properties have earned ENERGY STAR certifications for superior energy performance a total of 33 times as of the date of this press release. The annual certification is awarded to buildings with efficiency scores of 75 or higher, translating into 75%+ greater efficiency than buildings of comparable size. Due to Park’s certification efforts with ENERGY STAR, Park has been named an ENERGY STAR Partner of the Year in both 2023 and 2024.

Park’s 2024 CR Report is the Company’s seventh annual corporate responsibility report. The CR Report aligns with globally utilized frameworks including the Task Force on Climate-Related Financial Disclosures (“TCFD”), Sustainability Accounting Standards Board (“SASB”), United Nations Sustainable Development Goals (“UN SDGs”) and Global Reporting Initiative (“GRI”). The limited assurance verification statement for some of Park’s 2023 environmental data is included as an appendix to the CR Report.

Additionally, Park participated in the GRESB Real Estate Assessment in 2024 for the fifth consecutive year. Park ranked in the top 30% of all publicly listed GRESB participant companies in the Americas and registered a one-point increase over 2023. Since 2020, Park’s GRESB Real Estate Assessment score has increased nine points overall. Furthermore, Park continued to achieve a GRESB Public Disclosure score of “A” in 2024.

The CR Report, along with Park’s latest corporate responsibility policies and GRESB scoring results, are available for download on the Responsibility tab of Park’s website: https://www.pkhotelsandresorts.com/responsibility.

About Park Hotels & Resorts
Park is one of the largest publicly traded lodging REITs with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park’s portfolio currently consists of 40 premium-branded hotels and resorts with approximately 25,000 rooms primarily located in prime city center and resort locations. Visit www.pkhotelsandresorts.com for more information. 

For more information, contact:
Ian Weissman
Senior Vice President, Corporate Strategy
571-302-5591
iweissman@pkhotelsandresorts.com

For additional information or to receive press releases via e-mail, please visit our website at www.pkhotelsandresorts.com


FAQ

How many ENERGY STAR certifications has Park Hotels (PK) earned since 2017?

Park Hotels & Resorts has earned 33 ENERGY STAR certifications since its formation as a public company in 2017.

Which Park Hotels (PK) property has the largest room capacity with ENERGY STAR certification in 2024?

The Hilton Hawaiian Village Waikiki Beach Resort with 2,860 rooms is the largest Park Hotels property to receive ENERGY STAR certification in 2024.

What is Park Hotels' (PK) GRESB performance improvement since 2020?

Park Hotels & Resorts has improved its GRESB Real Estate Assessment score by nine points overall since 2020.

How many hotels are currently in Park Hotels & Resorts' (PK) portfolio?

Park Hotels & Resorts currently owns 40 premium-branded hotels and resorts with approximately 25,000 rooms.

Park Hotels & Resorts Inc.

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