Title: Corporate Housing Know How
1Corporate Housing Know How
2Synopsis
- Corporate Housing Makes Sense
- Studies show temporary lodging is necessary for
effective company policy - 5 Important Details to Keep in Mind
- The Benefits of Corporate Housing
- The Corporate Housing Advantage
- Corporate Housing or Hotel- The Difference
- Demand for Corporate Housing on the Rise
- Demand for corporate housing markets is on the
rise - Corporate Housing in Demand More Than Ever
- Corporate Housing is in the Spotlight
3Corporate Housing Makes Sense
- Why Choose Corporate Housing
- Corporate housing offers more than a hotel in
most cases. If you will have to stay more than a
couple of weeks, you will want all the amenities
of home. When taking long trips from home you
will not want to have to order out for food every
day or search for a place to do your laundry.
With corporate housing, theres no need to worry.
Corporate housing offers all the luxuries of home - Corporate Housing Shows Growth
- Data and recent reports show that the rate of
corporate housing use is growing at a steady
pace. With millennials now in the workforce,
there is a growing need for corporate housing. It
is estimated that about 70 of consumers book
their own corporate housing. This number
continues to grow as word gets out about the
perks of leasing corporate housing. Although
hotel rooms are great, the experience of staying
in corporate housing just makes it feel more like
home.
4Studies show temporary lodging is necessary for
effective company policy
- When to consider corporate housing
- Baby Boomers tend to have an ambitious attitude
and expect good service everywhere they go.
Generation X possesses some knowledge or
awareness of technology, think globally, and
expect professional accommodations. Lastly, the
millennials live completely online and are highly
social. They live in a technology-dominated world
and expect the best service. - Avoid hidden fees
- The use of corporate housing allows companies to
avoid hidden hotel or resort fees. Extended-stay
hotels often charge more for extended
reservations, but corporate housing companies are
much more lenient and understand the importance
of getting work done in a timely manner. This
will give the tenants peace of mind while they
are trying to complete a project or work abroad.
55 Important Details to Keep in Mind
- Fact Number One Marketing Trends
- "37 percent of respondents say they spent 500 or
even more in their yearly advertising and
marketing efforts", and in Corporate Housing
Rental Report 2016 that amount has really
diminished, with the caveat that many owners
signalled "they were satisfied with their
outcomes than in previous years". - Fact Number Two Marketing Resources
- Several have begun to rely on three crucial
advertising and marketing tools, with corporate
housing by owners since the preferred choice
instead of the laborious and less successful
dedicated website/social networking strategy. - Fact Number Three Marketing Results
- The vast majority of "by owner" landlords say
that they utilize online advertisements/internet
marketing for their corporate housing
possessions. Many find the very best qualified
prospects with corporate housing by owners (77
percent) in addition to getting the most tenants
from online advertising.
65 Important Details to Keep in Mind
- Fact Number Four Internet Reservations
- The 2013 report spoke with the "by owner" section
asking how they felt about real time booking
reservations, where the corporate land is leased
via a computer site along with the property owner
doesn't have any interaction with the renter. 23
percent of respondents say they've used these
apps. But, it's currently only 36 responding
"no," they'd not let their company property
without speaking to the renter (down considerably
from 48 percent in 2013). - Fact Number Five Corporate Housing By Owner
Services - Of those using the services provided by corporate
housing by owner certified programs, many of them
use the following tools most often - Number One - Service documents page (this page
provides important documents necessary for those
in the corporate housing sphere). - Number Two - Background checks service
- Number Three - The property listings service
- Number Four - a property owner handbook
7The Benefits of Corporate Housing
- Affordability. The data shows that the average
daily price for a hotel is estimated at 120.01.
Staying in hotels for multiple days at a time can
really start to add up. If you have to stay
somewhere more than a couple of nights, Corporate
is housing is the way to go. Hotels are at a
disadvantage in comparison as they cannot offer
as many amenities to the traveler without
charging more in fees. - Comfort. Corporate housing often provides better
furniture and creates a more comfortable
situation for the weary business person. Nicer
beds, comfy couches, dining areas and work spaces
make for a much more pleasant stay. This is due
to the fact that corporate housing is perfectly
suited for the busy businessman or woman unlike
hotels which seek to lend itself to anyone in
need of a place to stay. - Kitchen. Corporate Housing offers a full kitchen.
No more struggling to find a place to eat. No
more drive thru dinners and eating in the rental
car. In Corporate Housing you wont have to
sacrifice your diet to stop your stomach
grumblings. Hit the grocery store and cook
healthier meals in your own kitchen. With the
money you save you can even splurge on some
cookies!
8The Benefits of Corporate Housing
- Laundry. Remember when your mom taught you how to
do your own laundry? Corporate housing often
provides a washer and dryer for you to do your
own laundry. Doing it yourself saves you from
spending money at the laundromat or on dry
cleaning. When you see the savings, dont forget
to call and thank your mom! - Cleaning services. I know that many people love
staying in hotels because they dont have to
clean up after themselves. Its such a nice
feeling knowing that someone else is going to
come in and make the bed, clean the bathroom and
takeout the trash. If that is your deciding
factor on choosing a place to stay while
traveling for business, take a second look at
Corporate Housing. Its not a hotel, but cleaning
services may still be available. - Location. With Corporate housing you may be able
to cut down on your commute to and from work each
day. With less travel time, stress may be
alleviated and things like road rage will become
obsolete.
9The Corporate Housing Advantage
- Less stress creates happiness
- Companies that provide corporate housing for
their clients or employees do not need to have a
12-month lease agreement. Corporate housing
provides a month by month lease agreement.
Stresses such as locating a home, packing your
belongings, and expenses are non-existent.
Corporate housing is an all-inclusive and fully
furnished option. - Providing a Home
- Corporate housing provides a home away from home.
It is a place to stay for clients and corporate
employees. A place with all the amenities and
furnishings allows tenants to be healthy, well
rested, and comfortable. Most of the time,
corporate housing allows clients and employees to
bring their families and even their pets. This
environment can only lead to happiness.
10Corporate Housing or Hotel- The Difference
- When consumers must leave their primary residence
for an extended amount of time, they still want
to feel at home in the place where they are
staying. Choosing to stay at certain hotels does
have its perks, but there always seems to be
something missing. Hotels are great if you can
get one with a pool and other amenities, but not
all hotels offer everything that is desired. - When choosing a corporate home or apartment, the
consumer understands that everything is included.
Everything means the furniture, the appliances,
and more. The apartment is ready for the consumer
and all that is needed are clothes and food.
11Demand for Corporate Housing on the Rise
- Higher Demand Due to Generational Trends
- The interest millennials have in temporary
housing could be due to a lack of desire for big
commitments like housing contracts, or for an
increase in multinational corporations. With
recent advancements in technology allowing
individuals to communicate over a broader
international network, more young professionals
are traveling and so require temporary corporate
housing options. - More Non-Traditional Tenants
- This spike in non-traditional tenants is due to
an overall increase in demand for corporate
housing. When choosing between temporary or
corporate housing over a hotel, many travellers
feel this saves costs and allows them to take out
short-term contracts with a leasing company. - Increase in Tech and Healthcare Workers
- As technology is always advancing, there is a
higher need for specialized workers who are
trained to work on advanced projects. These
projects are typically at least thirty days long
and often require the worker to travel from their
home office. This is also true for the healthcare
industry, as there has long been a need for
traveling nursing.
12Demand for corporate housing markets is on the
rise
- Diversified options
- Short-term rentals usually offer more diversified
options including space, locations, amenities,
and nightly rates. These customizable options can
allow travelers to choose which accommodations
they need to create a more comfortable stay. This
creates a more upscale and professional travel
experience. - Planning for the future
- The corporate housing industry is always
fluctuating, which is why it is important to stay
ahead of the curve. Based on statistics alone, it
is easy to see how the demand for temporary
housing has increased since 2016. Because of
this, large corporations should look into
alternative housing methods aside from hotel
stays. This is not only a tactical decision, but
an economical one that is better suited for the
well-being of employees.
13Corporate Housing in Demand More Than Ever
- Americans who work abroad and come back to
America to visit with family and friends. - Travelers who will be visiting certain areas
during certain times of the year. For instance,
the couple who resides in Florida visiting
Colorado in the winter months for a ski vacation.
- Emergency situations where a family may have to
be out of their home for more than thirty days. - Those who are traveling with children and want
the convenience of a home over a hotel room.
Having all the amenities right at your fingertips
is easier with small children. Most corporate
housing come equipped with washers, dryers, and
cooking ranges.
14Corporate Housing is in the Spotlight
- The Best Option For Interns
- Each year, there are 65,000 interns who travel to
get experience. All of them need a place to live.
The competition to get interns into a comfortable
home is high. For companies to provide housing
for up to 3 months can end up costing thousands
of dollars. This is where corporate housing comes
in. Corporate housing can cost less than 3,000 a
month, which is the average cost for many
apartments in New York or any big city. - Do You Love to Travel
- If you are someone who loves to travel the world,
corporate housing is the most convenient place to
stay. There is an expected increase in seasonal
tenants. Up north where I live, we get many
people who travel here in the winter to practice
skiing for the olympics. In the summer, many
people come up here to stay before heading back
down south before the winter hits.
15The End
- For more details, please visit
- https//www.kansascitycorporatehousing.com/
844-816-1218 info_at_kansascitycorporatehousing.com