![]() We are committed to operating in a way that enhances our communities and preserves our local and global environment. We strive to ensure that we provide the best experience to our guests, while also being responsible in regards to our environmental impact. Our hotels provide dining experiences, spas, engaging lobbies and a comfortable place for guests to relax at the end of the day. $22 Million EarthView’s recorded savings since inception through initiatives implemented across our portfolioĪs a hotel company, we rely on nature’s resources to construct our buildings, fill them with heat and light, and transform ordinary buildings into extraordinary places to stay. Lodging Peers in the Global Real Estate Sustainability Benchmark’s (GRESB) Public Disclosure. EarthView has repeatedly been awarded the prestigious “Leader in the Light” award amongst Lodging & Resort companies for superior portfolio-wide energy use practices and sustainability initiatives. Our sustainability commitment has been recognized by the National Association of Real Estate Investment Trusts (NAREIT). On average, implementing EarthView creates $40,000-$50,000 in annual savings per hotel. Our hotels are incentivized to implement EarthView as the program’s sustainability initiatives drive annual operational savings that help support hotels in meeting or exceeding budget goals. Initiatives implemented as part of EarthView’s comprehensive program have, to date, achieved net savings of $22 million. ![]() ![]() This approach creates value via expense reduction in the short term and increased real estate valuation in the long term. Through EarthView, Hersha is able to drive incremental value by implementing efficiency initiatives with measurable returns. We believe that being active stewards of our environment and our communities makes good business sense. ![]()
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