{"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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Construction of the new hotel will be financed through loans from unnamed banks. The hotel group also plans to begin managing four additional hotels\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":[]},{"id":626693,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/hurghada-hotel-occupancy-rates-reach-100-during-summer-season\/","url_meta":{"origin":551753,"position":1},"title":"Hurghada hotel occupancy rates reach 100% during summer season","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Hotel occupancy rates in Hurghada have reached 100% during the summer season, with some hotels reporting being overbooked, Chairman of travel agency Global Travel International Ali Okda tells Al Shorouk. The market in the resort town is rebounding due to better security perception, but Okda says the lack of Russian\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":[]},{"id":606910,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/oil-min-ups-oil-gas-investment-forecast-this-fiscal-year-plus-adnoc-ifc-x-banque-du-caire-avanz-capital-orascom-investment-egyptair\/","url_meta":{"origin":551753,"position":2},"title":"Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir","author":"enterpriseam admin","date":"24 September 2023","format":false,"excerpt":"The government now expects investment to be up to 60% higher than in the previous fiscal year","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1404.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":651284,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/08\/deutsche-hospitality-add-two-more-hotels-in-egypt\/","url_meta":{"origin":551753,"position":3},"title":"Deutsche Hospitality add two more hotels in Egypt","author":"enterpriseam admin","date":"8 February 2017","format":false,"excerpt":"Deutsche Hospitality has signed hotel management contracts with the Taba Tourism Development Company and the Tourism Urbanization Company to manage the Taba Hotel & Nelson Village in Taba and the Cairo Pyramids Hotel in Giza under the Steigenberger Hotels and Resorts brand, Hospitality Net reported. The hotels will undergo extensive\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":[]},{"id":630310,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/steigenberger-hotels-expands-egypt-portfolio-with-new-luxor-hotel\/","url_meta":{"origin":551753,"position":4},"title":"Steigenberger Hotels expands Egypt portfolio with new Luxor hotel","author":"enterpriseam admin","date":"17 April 2018","format":false,"excerpt":"Steigenberger Hotels & Resorts is set to open the new Steigenberger Resort Achti in Luxor in 3Q2018, Hotelier Middle East reports. The new hotel on the East Bank of the Nile will include 281 rooms, suites and bungalows, as well as six restaurants and bars. The Steigenberger Resort Achti brings\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":[]},{"id":625619,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/tourism-ministry-mulls-using-mystery-guests-to-assess-hotels-performance\/","url_meta":{"origin":551753,"position":5},"title":"Tourism Ministry mulls using \u201cmystery guests\u201d to assess hotels\u2019 performance","author":"enterpriseam admin","date":"9 August 2018","format":false,"excerpt":"The Tourism Ministry is looking into a proposal to begin using mystery guest assessments to measure the standards of Egyptian hotels, Al Mal reports. Mystery guest assessments entail having an industry professional posing as a regular hotel guest to provide an unbiased evaluation of the hotel. The proposal comes as\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}]}}