Hospitality and customer service are valuable skills for success with REITs

Hersha Hospitality Leveraging its Scale for Social Good

Bennett Thomas, senior vice president for finance and sustainability at Hersha Hospitality Trust (NYSE: HT), participated in a video interview at Nareit’s ESG Forum 2019 at the Hyatt Regency Coconut Point in Bonita Springs, Florida.

Thomas outlined Hersha’s long-standing commitment to environmental and community stewardship— “it’s part of our DNA.”

Hersha’s Earthview sustainability platform has shown “outstanding” results, Thomas said. Those results include a 25 percent reduction in greenhouse gas emissions per occupied room, a 10 percent reduction in water usage, and a 45 percent reduction in waste sent to landfills.

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How American Campus Communities Helped Revolutionize Student Housing

American Campus Communities strives to provide a modern, healthy housing environment where students can succeed—especially when a pandemic upends traditional college life.

Remote instruction and other changes to traditional student life due to COVID-19 have made the college experience vastly different this year. While conditions on the nation’s campuses remain unsettled, student housing REIT American Campus Communities, Inc(NYSE: ACC) believes the current environment underscores the soundness of its business model—providing high quality, modern, healthy housing options that help students succeed.

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VICI Sees Pick-up in Demand for Experiential Real Estate Post-COVID

Ed Pitoniak, CEO of VICI Properties (NYSE: VICI), participated in a video interview in conjunction with Nareit’s REITweek: Virtual Investor Conference (held June 2-4).

Pitoniak said that although the pandemic has closed many public spaces, he doesn't envision customers being any less interested in experiential real estate post-COVID.

“In fact, we see the need and the desire for these experiences potentially being bigger than ever,” he said. “There’s an innate desire among people around the get out of the house [and] seek the experiences that really bring fulfillment to their lives.”

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