Editorial Board   Guest Author

Mr. Sims

Andrew M. Sims

Chief Executive Officer, Sotherly Hotels

Andrew M. Sims is chief executive officer and chairman of the board of Sotherly Hotels Inc., a position he has held since leading the company's initial public offering in 2004 as MHI Hospitality Corporation. Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, up-branding, and repositioning of upscale and upper-upscale full-service hotels in the Southern United States. The company's portfolio currently consists of investments in 12 hotel properties comprising 3,011 rooms. Before his tenure at Sotherly Hotels, Mr. Sims served as vice president of finance and development of MHI Hotels Services for seven years before serving as the company's president for nine years. During his time with MHI Hotels Services, he was instrumental to the purchase and renovation of several properties, including but not limited to the Hilton Wilmington Riverside in Wilmington, North Carolina, and the Shell Island Resort in Wrightsville Beach, North Carolina - driving the company's significant growth throughout the 1990s. Mr. Sims is a graduate of Washington and Lee University, from which he holds a bachelor's degree in commerce. He currently serves as a director for Chesapeake Hospitality and previously served on the Franchise Advisory Board for Hilton Hotels. He resides in Williamsburg, Virginia, where he is involved in his local community as a former trustee and basketball coach for Walsingham Academy. Mr. Sims' work with Sotherly Hotels continues a family tradition in the hospitality industry that began with his father, Edgar Sims, Jr., over a half-century ago. Edgar Sims founded Maryland Hospitality Inc., later known as MHI Hotels Services, in 1957 with the purchase of the Royal Pine Motel in Columbia, Maryland.

Please visit http://www.sotherlyhotels.com for more information.

Mr. Sims can be contacted at 757-229-5648 or andrewsims@sotherlyhotels.com

Coming up in May 2020...

Eco-Friendly Practices: Creative Innovation

Being eco-friendly is no longer a fad. It is an urgent planetary need and hotels are actively doing their part to reduce their carbon footprint by implementing sustainable, green practices. In addition to the goodwill derived from doing the right thing, hotels are also realizing the benefits to their business. A large percentage of Millennials expect hotels to be eco-friendly and will only patronize those properties that are proudly conforming. Consequently, more hotels are realizing that sustainability is a key element in a successful branding strategy. In addition, going green can lead to a more profitable bottom line, as savings on electricity, water and cleaning materials can add up. Also, there are other advantages that come with being an eco-friendly business, such as government subsidies and tax and loan incentives. As a result, many hotels are finding innovative ways to integrate eco-friendly practices into their business. Geo-thermal energy systems, along with energy-from-waste systems, are being used to heat and cool the property. Passive solar panels, green roofs, natural lighting and natural ventilation strategies also assist in energy conservation. Low-flow water systems and plumbing fixtures make a contribution, as does eco-friendly hardwood flooring, and energy efficient televisions and appliances throughout the property. In addition, some hotels have implemented in-room recycling programs, and only provide all-natural, personal care items. One hotel has actually constructed a bee-keeping operation on their grounds. Not only is this good for the bees but the hotel also produces products from the operation which they sell. This kind of creative innovation also holds enormous appeal to guests. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.