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2017 HERSHA EARTHVIEW SUSTAINABILITY REPORT

At Hersha, we own and operate high quality hotels in gateway markets that enable our guests, associates, and communities to thrive. Through our unique capabilities, finely-tuned service standards, and development of strategic programs, we create value for all of our stakeholders across our 49 uniquely positioned branded and independent lifestyle hotels.

We embrace environmental and community stewardship as an integral part of maintaining and building a successful business. To best put this vision into practice, in 2010 we conceptualized and developed a proprietary corporate program, EarthView®, that encompasses a triple-bottom-line approach to sustainability. Comprehensively, the program delivers environmental and conservation initiatives that positively impact our hotels’ bottom lines while simultaneously improving the well-being of our guests, our employees, our communities, and our planet.

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2017 AT A GLANCE

FINANCIAL IMPACT

$9.1 Million
EarthView’s recorded savings since inception through initiatives implemented across our portfolio

ENVIRONMENTAL IMPACT

21% – Reduced energy consumption per occupied room across our portfolio versus our baseline year of 2010

25% – Reduced greenhouse gas emissions per occupied room across our portfolio versus our baseline year of 2010

45% – Reduced waste sent to landfills across our portfolio versus our baseline year of 2010

10% – Reduced water consumption per occupied room across our portfolio versus our baseline year of 2010

COMMUNITY IMPACT

14,200 hours volunteered in our local communities since 2015

$320,000 raised for autism awareness since 2015

Provided clean water for 3,600 people for 21 years through funding from EarthView water since 2014

487,000 new bars of soap sent to developing nations since 2011