{"id":551753,"date":"2022-07-19T13:31:12","date_gmt":"2022-07-19T13:31:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/19\/how-climate-friendly-are-eco-tourism-spots-actually-peoples-money-stresses-ironically-make-them-worse-at-money-management\/"},"modified":"2022-07-19T13:31:12","modified_gmt":"2022-07-19T13:31:12","slug":"how-climate-friendly-are-eco-tourism-spots-actually-peoples-money-stresses-ironically-make-them-worse-at-money-management","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/19\/how-climate-friendly-are-eco-tourism-spots-actually-peoples-money-stresses-ironically-make-them-worse-at-money-management\/","title":{"rendered":"How climate friendly are eco-tourism spots, actually? + People\u2019s money stresses ironically make them worse at money management"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Think you\u2019re booking a hotel that\u2019s an eco-tourism spot? Look more closely. <\/strong>Many hotels are advertising their supposed \u201cnet-zero\u201d status, but their carbon footprint is bigger than you\u2019d think, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-19\/embodied-carbon-is-dirty-secret-of-hotel-industry-greenwashing-eco-ratings?srnd=premium-middle-east#xj4y7vzkg\">Bloomberg<\/a> reports. When boasting about their shunning of plastic bottles and how they use renewable energy or reusable water, some hotels fail to disclose the impact of their embodied carbon \u2014 a term that refers to the harmful gasses emitting during construction of any building, citing architects and research scientists. So these eco-efficient mechanical systems in that five-star hotel? They were responsible for large amounts of emissions during their manufacturing, transportation, and installation. Embodied carbon in construction contributes to at least 21% of global emissions, according to <a href=\"https:\/\/brightworks.net\/\">Brightworks<\/a><a href=\"https:\/\/brightworks.net\/\">Sustainability<\/a>. A main problem lies in the fact that there is no actual regulation or an agreed-upon definition of what it means to be net-zero, leaving things loosely open to interpretation. And many tourists care, according to the <a href=\"https:\/\/globalnews.booking.com\/climate-community-and-choice-bookingcom-reveals-the-trends-shaping-sustainable-travel-in-2022\/\">Sustainable Travel Report 2022<\/a>released by Booking.com, which found that 81% of people consider sustainability a crucial factor when determining how to travel.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The ironic vicious cycle of personal finance management:<\/strong> Rising stress about money management and savings is causing some people to lose control of their finances \u2014 including something as small as forgetting to pay bills, which ironically increases their financial burdens thanks to late-payment fees, the <a href=\"https:\/\/www.wsj.com\/articles\/people-have-money-but-theyre-forgetting-to-pay-bills-11658183114?mod=hp_featst_pos5\">Wall Street Journal<\/a> reports. During the first six months of the year, JPMorgan Chase said 1.05% of its credit-card customers were one month late on making their payments, which was slightly up from 1.01% during the same period last year. More people are behind on their auto loans and utility payments as well, according to figures cited by the Journal. Forgetting was listed as the top reason people are missing out their credit-card payments this year, followed by financial shortcomings, according to a recent survey by <a href=\"https:\/\/wallethub.com\/blog\/late-payments-survey\/58680\">WalletHub<\/a>.<\/p>\n<p><strong>There\u2019s a lot to be stressing about, when it comes to finances:<\/strong> Inflation, covid-19, and stock market turbulence are the main causes of money-related stress, according to financial advisors. \u201cClients are carrying a heavier mental load these days, built up in part by what feels like 50 years\u2019 worth of events happening in a single week. No wonder they\u2019re distracted,\u201d said financial planner Kelly Klingaman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Think you\u2019re booking a hotel that\u2019s an eco-tourism spot? Look more closely. Many hotels are advertising their supposed \u201cnet-zero\u201d status, but their carbon footprint is bigger than you\u2019d think, Bloomberg reports. When boasting about their shunning of plastic bottles and how they use renewable energy or reusable water, some hotels fail to disclose the impact [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":551754,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[7286,633,638,7109],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-551753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-climate","tag-enterprisepm","tag-for-your-commute","tag-going-green","wpautop","entry"],"acf":{"mongo_id":"c30d198b-e86e-402a-bed2-00d7936974eb","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/7\/389.jpg","photo_position":"above","related_issue":[551749],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How climate friendly are eco-tourism spots, actually? + People\u2019s money stresses ironically make them worse at money management - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/19\/how-climate-friendly-are-eco-tourism-spots-actually-peoples-money-stresses-ironically-make-them-worse-at-money-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How climate friendly are eco-tourism spots, actually? + People\u2019s money stresses ironically make them worse at money management\" \/>\n<meta property=\"og:description\" content=\"Think you\u2019re booking a hotel that\u2019s an eco-tourism spot? Look more closely. Many hotels are advertising their supposed \u201cnet-zero\u201d status, but their carbon footprint is bigger than you\u2019d think, Bloomberg reports. 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Bloomberg outlines eight trends\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/Travel-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550772,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/26\/staycations-at-fancy-apartments-and-villas-are-outdoing-luxury-hotels-employees-who-work-from-home-may-have-to-give-up-their-sick-days\/","url_meta":{"origin":551753,"position":1},"title":"Staycations at fancy apartments and villas are outdoing luxury hotels + Employees who work from home may have to give up their sick days","author":"enterpriseam admin","date":"26 April 2022","format":false,"excerpt":"After years of the pandemic, \u201crevenge tourism\u201d sees demand for vacation rentals surpassing hotels: Across the Middle East, there\u2019s been a new trend in the tourism market where travelers want to stay in vacation rentals to enjoy more space and comfort, writes CNBC. The upshot: It\u2019s not regular Airbnbs that\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/519.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573691,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/national-bank-of-egypt-in-loan-talks-with-egoth-hotac-to-finance-hotel-renovations\/","url_meta":{"origin":551753,"position":2},"title":"National Bank of Egypt in loan talks with EGOTH, HOTAC to finance hotel renovations","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with the National Bank of Egypt (NBE) for a EGP 400 mn loan to finance renovations of the Sofitel Winter Palace Hotel in Luxor, according to the local press. EGOTH \u2014 which is a subsidiary of The Holding\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565510,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/13\/take-your-pick-of-54-new-hotels-in-egypt\/","url_meta":{"origin":551753,"position":3},"title":"Take your pick of 54 new hotels in Egypt","author":"enterpriseam admin","date":"13 April 2021","format":false,"excerpt":"We currently have 54 new hotels in development across Egypt, which will add a combined 16k new rooms by 2023, according to Top Hotels News\u2019 database. The busy hotel development pipeline is concentrated mostly in Cairo, Sharm El Sheikh, and Hurghada. Cairo has 12 hotels currently under development, while the\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/406.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558408,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/09\/sahel-is-getting-1-3k-new-hotel-rooms\/","url_meta":{"origin":551753,"position":4},"title":"Sahel is getting 1.3k new hotel rooms","author":"enterpriseam admin","date":"9 August 2021","format":false,"excerpt":"Some 1.3k new hotel rooms are expected to be built in the North Coast, bringing the total number of hotel rooms in the North Coast to 3k, Deputy Tourism Minister Ghada Shalaby told Hapi Journal, without specifying an estimated timeframe. Shalaby didn\u2019t break down how many of the rooms would\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/122.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567525,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/","url_meta":{"origin":551753,"position":5},"title":"Al Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"Al-Sharif Group Holding (ASG) will sign a contract to renovate the Shepheard Hotel next month, Holding Company for Tourism and Hotels Chairman Mervat Hataba told Masrawy. The Saudi company will finance the EGP 1.4 bn renovations of the historic hotel and will get a cut of revenues once it is\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=551753"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551753\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/551749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/551754"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=551753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=551753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=551753"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=551753"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=551753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}