Skip to content
Search

Latest Stories

Hersha Hospitality bringing water to African village

The company raised money through its EarthView water sales to finance the project

TWO YEARS AFTER Hersha Hospitality Trust pledged to raise money for the nonprofit Waterboys for the digging of a well in Tanzania, Africa, the first well is set to be completed next month. The fundraiser is part of Hersha’s EarthView corporate sustainability program.

To raise the money for Waterboys, Hersha sold recycled plastic bottles of water bearing the EarthView name at its hotels and donated $1 from each sale to the project. The company’s Annapolis Waterfront hotel in Maryland sold 4,511 bottles while the Hotel Milo in Santa Barbara, California, alone raised $8,338.


“Our EarthView water bottle provides clean, safe water to our guests while at the same time offers life-sustaining water to a community in need. In this way, we can help address the pressing challenges we face as a global society while supporting our company’s goals and the U.N. Sustainable Development Goals,” said Jay Shah, Hersha’s CEO. “Our first well in Tanzania will provide water to 8,000 people who previously lacked any permanent source of clean water.”

The well will be in the village of Unyankumi in the Singida Region of the country. The villagers have been dependent on hand-dug, individually owned wells that frequently run dry. A lack of water can lead to unsanitary conditions and can harm crops. Founded by former Philadelphia Eagle Chris Long in 2015, Waterboys has built similar wells in several locations around Africa.

"Our first year of partnership with Hersha has yielded tremendous results for Waterboys and, more importantly, for the community of Unyankumi that will be transformed by the well that has been funded," Long said. "EarthView water bottles are another example of how the collective impact of raising awareness in multiple hotels paired with fans making one small action can result in meaningful change for thousands of people."

Along with the Waterboys project, EarthView encompasses Hersha’s various sustainable initiatives, including energy efficient and water conserving features in most of the company’s hotels and an annual report on sustainable efforts in the hospitality industry. More information is available in the August issue of Asian Hospitality.

The American Hotel & Lodging Association’s Lodging Survey, released in March, found many travelers seek out hotels with “Green Certification.”

More for you

U.S. hotel performance report showing occupancy, ADR, and RevPAR trends for the week ending February 8, with Super Bowl market impact

CoStar: U.S. hotels show mixed results in early February

U.S. Hotel Performance: Weekly Trends in Occupancy, ADR & RevPAR

U.S. HOTEL PERFORMANCE showed mixed results for the week ending Feb. 8, with year-over-year declines, according to CoStar. Occupancy fell from the previous week, while ADR and RevPAR saw slight increases.

Occupancy fell to 55.9 percent for the week ending February 8, down from 56.5 percent the previous week, a 0.5 percent year-over-year decline. ADR increased to $156.03 from $150.25 but was down 2.2 percent from the same period last year. RevPAR rose to $87.22 from $84.90, reflecting a 2.7 percent year-over-year decrease.

Keep ReadingShow less
U.S. hospitality index Q4 2024: Top cities leading hotel growth trends

Report: U.S. hospitality health at four-quarter high in Q4

U.S. hospitality index Q4 2024: Top cities driving hotel growth

U.S. HOSPITALITY BUSINESSES reported a 108.2 percent year-over-year health metric for the fourth quarter of 2024, the highest in four quarters, according to the Hospitality Group and Business Performance Index by Cendyn and Amadeus. Tampa, Houston, and Miami led the top 10 cities in rankings.

The index combines event data from Cendyn’s Sales Intelligence platform, formerly Knowland, with hotel booking data from Amadeus’ Demand360, covering group, corporate negotiated, global distribution system, and events performance, the companies said in a joint statement.

Keep ReadingShow less
Michael Brunner, EVP of Credit Investments at Peachtree Group, leading growth

Brunner is Peachtree's EVP of credit investments

Michael Brunner Leads Peachtree Group’s Credit Investments Growth

Michael Brunner is the new executive vice president of credit investments at Peachtree Group. In this role, he will oversee the company’s credit platform and lead strategic growth initiatives.

Brunner has more than 25 years of financial experience, handling securitized products, asset finance and commercial real estate, Peachtree Group said in a statement.

Keep ReadingShow less
હોટેલોનું કાર્બન ઉત્સર્જન અનુમાન કરતા વધારે: અભ્યાસ

હોટેલોનું કાર્બન ઉત્સર્જન અનુમાન કરતા વધારે: અભ્યાસ

હોસ્પિટાલિટી ઓપરેટર બોબ ડબલ્યુના તારણો અનુસાર, હોટેલ કાર્બન મેઝરમેન્ટ ઇનિશિયેટિવ જેવા માળખાના વર્તમાન અંદાજ કરતાં હોટેલ કાર્બન ઉત્સર્જન પાંચ ગણું વધારે છે. ફિનલેન્ડ સ્થિત કંપની અને યુકે સ્થિત પર્યાવરણીય સલાહકાર ફર્થરે હોટેલ ક્ષેત્રની પર્યાવરણીય અસરનો વ્યાપક દૃષ્ટિકોણ પ્રદાન કરતી "લોજિંગ એમિશન્સ એન્ડ ગેસ્ટ-નાઈટ ઈમ્પેક્ટ ટ્રેકર" વિકસાવી છે.

કંપનીએ એક નિવેદનમાં જણાવ્યું હતું કે, LEGIT લાગુ કર્યા પછી BOB W પ્રોપર્ટીઝ પર સરેરાશ કાર્બન ફૂટપ્રિન્ટ HCMI અંદાજ કરતાં 419 ટકા વધુ હતી, મુખ્યત્વે સપ્લાયર દ્વારા ફાળો આપેલા પરોક્ષ ઉત્સર્જનને કારણે આ જોવા મળ્યું છે.

Keep ReadingShow less
Marriott Reports Record Growth in 2024 with 5% RevPAR Increase and 123K New Rooms Added

Marriott's RevPAR up 5 percent, Q4 income lower

Marriott posts 5% Q4 RevPAR surge, adds 123K new rooms in 2024

MARRIOTT INTERNATIONAL REPORTED five percent global RevPAR growth in the fourth quarter of 2024, with a four percent increase in the U.S. and Canada and 7.2 percent in international markets. However, net income fell to $455 million from $848 million in the prior year.

The company added more than 123,000 rooms in 2024, achieving 6.8 percent net rooms growth from year-end 2023, Marriott said in a statement.

Keep ReadingShow less