Corporate Housing - Several Options You Need To Know

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Corporate Housing - Several Options You Need To Know

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1. Gathering the Corporates to find a home 2. Examining Corporate Housing 3. Finding a temporary Home with CHBO 4. Looking for investments – Corporate Housing 5. No housing problems when we move overseas 6. A Good Living to be made in the Corporate housing market 7. Making your first temporary Overseas Trip 8. The True Benefits of Corporate Housing Examined 9. Going overseas to that Expo–Find accommodation is available 10.Great Accommodation Available Overseas Find out more at: – PowerPoint PPT presentation

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Title: Corporate Housing - Several Options You Need To Know


1
Corporate Housing - Several Options You Need To
Know
2
Synopsis
  1. Gathering the Corporates to find a home
  2. Examining Corporate Housing
  3. Finding a temporary Home with CHBO
  4. Looking for investments Corporate Housing
  5. No housing problems when we move overseas
  6. A Good Living to be made in the Corporate housing
    market
  7. Making your first temporary Overseas Trip
  8. The True Benefits of Corporate Housing Examined
  9. Going overseas to that ExpoFind accommodation is
    available
  10. Great Accommodation Available Overseas

3
Gathering the Corporates to find a home
  • If you have a job where you need to travel
    extensively then the corporate housing seems like
    a miracle. An oasis in the desert of a city.
    There is the expense to be considered. If you
    travel by car or airplane to another city you
    want to minimize costs. If your business is built
    on travelling then your travel costs are your
    most expensive commodity and affect your bottom
    line. Another example is Global Corporate housing
    which also offers one, two and three-bedroom
    apartments at much lower rates than hotels. Take
    a floor plan example. The average floor plan
    offered by GCA (Global corporate housing) ranges
    from 700 square feet and the rate around 85 to
    115 per night whilst a hotel of similar sized
    accommodation would cost you in the region of
    125 to 295 per night. Quite a difference. Also,
    having a fully equipped kitchen enables you to
    eat healthier, the foods you would normally have
    at home. Whilst in a hot you are more or less
    confined to a menu unless you decide to go out to
    eat each day. This defeats the object of the
    hotel. Imaging the difference if a company was
    paying a fee for its temporary employees'
    accommodation.
  • There are so many plusses offered by GCA, being a
    home from home, a furnished apartment has its own
    TV, a clothes washer and dryer, ironing
    facilities, high speed wireless communication
    (Wi-Fi) and of course, a cordless phone. Residing
    at such accommodation an employer who may be
    renting the accommodation permanently and who may
    have employees coming and going, save a virtual
    mint of cash. Today, many specialists such as
    chemists from the pharmaceutical industry, NASA,
    OTC drug companies commute monthly. It does not
    pay a corporate to permanently employ such
    specialists but rather to hire them on a specific
    project basis or simply to gain their experience
    monthly. GCA or CHBO is therefore a necessity.

4
Examining Corporate Housing
  • Most of these types of rentals are high class or
    high-quality rentals and have been purposely set
    up to provide all the essentials for short term
    rentals. It is best to check how long the rentals
    are available for. Of course, the travel agents
    which you can find in just about any town can be
    of assistance here. They usually look after the
    rentals whilst booking your flight or bus trip
    whichever the case. The travel agents would be
    ably to advise you on the type of accommodation
    you need and generally take care of all your
    requirements.
  • Travel agents are very involved with corporate
    housing world wide and will often offer you a
    package deal where they represent the corporate
    housing properties. This package deals will, in
    all probability, be more cost effective than
    making your own arrangements. In a lot of cases
    and if you are employed by a multi-national firm
    you may find that they have their own corporate
    housing, block booked for the relocating of staff
    members temporarily. Some medical and
    pharmaceutical firms worldwide such as can be
    found at www.merck.com who employ over 50,000
    people worldwide make use of corporate housing on
    a daily basis. If you need specific items such as
    a small venue for example including multiple
    bedrooms and an area where you can hold a small
    seminar for instance all that can be arranged as
    well. Another well known fact is that people
    re-locating may well have pets and therefore are
    desirable of taking them with them. One such
    company that can be sourced at www.tripping.com
    do have pet friendly rentals, mostly short term
    where you can either take a holiday or use them
    as a stepping stone for relocating to another
    country. This is quite useful to know as most
    corporate housing do not really allow pets and
    they have no provision for pets. Just make sure,
    if you are relocating that your pet or pets
    comply with the country regulations for
    relocating pets before you decide on this avenue.
    Some countries have quarantine regulations if you
    wish to relocate pets.

5
Finding a temporary Home with CHBO
  • Travel agents are more often than not agents for
    CHBO (corporate housing by owner) and this is a
    vast and helpful enterprise. If they are not
    accredited agents they will put you in touch with
    one. Very often the course of action followed by
    CHBO agents is to visit your present home and see
    what living conditions exist, the size of your
    house, your requirements such as internet and
    laundry facilities. Bearing in mind that you may
    have to be temporally accommodated for some time
    until suitable home is found and purchased.
  • The idea of hotel accommodation is simply not
    feasible when there is a family to consider. Many
    corporates when re-locating employees use
    corporate housing rather than putting up the
    whole family in hotel. Hotels can be pleasant for
    a short stay but the expense and living
    accommodation is usually confined to one or two
    rooms where you do not have the convenience of
    your own goods around you. Sure, they can provide
    high definition television and the internet but
    really home is home and there is no place like
    it. A suite however if considered as an option in
    a moderately priced hotel will be far more
    expensive than renting a fully furnished CHBO
    unit or house, plus they are not very pleasant
    for an extended stay which may be protracted by
    your employer or for other reasons. If the
    overseas assignment is permanent then there are
    all sorts of other things to consider. It is
    moderately easy to procure a new home but you
    have to sell your own dwelling for example. A
    three day or maybe a week at a hotel is fine and
    can be considered a holiday but not longer.
    Corporate housing brings home life back to normal
    and if the corporate housing agent has done his
    work correctly you will feel as though you are at
    home, even if the environment is changed.

6
Looking for investments Corporate Housing
  • Why would corporate housing be a wise investment?
    There are schools to be considered for the
    children when relocating. Families need a
    harmonious transition when the company they may
    have been with for 15 years or more, suddenly
    ships them off lock-stock and barrel to a foreign
    country.
  • Global demand for corporate housing is on the
    increase and in fact increased last year by 11
    and revenues were expected to reach over 36
    billion by the end of 2018.Is this reason enough
    for investment? Definitely says Kimberly Smith
    which is why so many corporates are funding this
    type of short term housing.
  • Corporate Housing by Owner launched its 9th
    annual real estate survey and collected data
    through until February 2018. The survey
    incorporated questions/topics such as Landlords
    at properties, the average required length of
    stay, pricing trends in various countries and
    were amazed at the results of this survey. A
    website was set up to make it easier for
    individuals to find the ideal temporary place
    residence. This site https//stlch.com/ Is well
    worth looking into as it goes into likes and
    dislikes of a property, size, furnishings and
    available facilities etc. it would be well worth
    getting some advice from CHBO before relocating
    especially family relocation. Amazon have also
    entered this lucrative market, Crocker-Amazon
    offer quiet area residential short-term rentals
    in up market suburbs and are also worth a look.
    These are executive properties for rent with some
    amazing facilities nearby.

7
No housing problems when we move overseas
  • When you are offered a semi-permanent or maybe
    permanent overseas assignment you will surely
    need temporary accommodation at first. Well, in
    most cases a move would be inevitable, that is, a
    whole a whole family move for a new overseas
    position in the company. Being an aerodynamics
    engineer is a good profession but for one thing.
    They move you all over the world, that is, with
    the aircraft industry. So, if a whole family,
    Wife three children and two dogs had to move with
    the aircraft industry, it had to move. Being in
    the aircraft industry, the need to be precise in
    everything even housing would be essential for
    some. Presently, if owning a super house with all
    the electrical conveniences and gadgets
    imaginable it would need some replicating
    especially in a foreign town. The need to
    replicate an employee's house overseas was not
    going to be an easy task however, there was a
    solution. Consult the corporate housing by owner
    organization or get it up on the PC screen. It is
    well known that temporary housing the CHBO
    (corporate housing by owner) for temporary
    housing could accomplish just about every move
    for home owners with temporary accommodation.
    Temporary housing is an essential part of moving.
    You cannot find a new house within a day or two.
    You can however, find temporary rented
    accommodation in a house or an apartment so this
    seemed to be the answer.
  • If you do work for a company that offers
    temporary overseas assignments or training there
    may be a benefit scheme of housing allowance in
    place, check this out! Remembering that moving to
    a new state or country means you need to sell
    your own house or for that matter, rent it out.
    You could do no better than approach the CHBO
    with this intention.

8
A Good Living to be made in the Corporate housing
market
  • YOU INITIAL INVESTMENT-JOINING THE CHBO
  • Indeed, investment it the corporate housing
    market would be a wise move by anyone. So, let's
    assume that you have the funds to enter this
    market and you do have a property or two for sale
    or for rent. There are many things to do first
    before you even think of entering the market.
    What do you offer the public at large? Would you
    be prepared to invest is upmarket accommodation?
    If the answer is yes then you can start by
    joining this group. You need to be known as a
    team member and list your property immediately in
    a specific group. It might be worth improving
    your property by the inclusion of amenities and
    or facilities it might not have.
  • YOU GET THE CHBO GUARANTEE
  • The CHBO will guarantee that your property will
    be rented with 30 days of listing. You simply
    contact the online within 30 to 60 days from your
    listing date and a property review will take
    place by specialist enabling you to obtain all
    the benefits CHBO offers and maybe extend your
    annual listing/s. Basically, the CHBO is there to
    assist you to rent your property.
  • ANNUAL REPORTS
  • You will also receive annual property reports and
    property valuations free of charge when joining.
    Together with this there is all the corporate
    housing news as well as the spotlight on property
    generally. There is investment news and tips on
    what sort of properties to invest in. Generally
    speaking, the CHBO is an institution where you
    can be sure of a good return on your property
    investments.

9
Making your first temporary Overseas Trip
  • There are certain criteria which you must check
    up on firstly. After selecting the method of
    looking for a place to stay, you need to see what
    the area has to offer. Once you have established
    that there are quite a few places that attract
    you and are suitable for your purpose, you need
    to be sure of a few things. It would be no good
    hiring a place that has a bad reputation for
    services for example. You need to ask a lot of
    questions especially if you have not been to that
    area before.
  • Looking at a certain place that would suit you
    ideally, you would need to look at the comments
    left by previous occupants, like services,
    facilities, what conveniences are available in
    the immediate area, how payments can be made and,
    can you increase your stay if you need to. Going
    to a conference for example would have definite
    dates so that could be an easier place to find.
    However, if you are on a temporary overseas
    assignment only, you might consider the fact that
    these things have a have a habit of being
    extended and the last thing you need to do is to
    have to relocate for a week or two or maybe a
    month before returning home. Relocating overseas
    or wherever you are staying on a temporary basis
    has its problems. You might have to move further
    away from where you want to be. Can you extend
    your stay if needed?
  • Try to make sure that it is in close proximity to
    the place where you need to be or work. If it is
    not that close then, what transport is available
    in the immediate area? viz. busses, underground
    rail transit systems etc. in that locale. It may
    be better to stay in the area that you prefer or
    that suits your pocket and commute to your
    destination. Corporate housing is always
    available but there are important criteria to be
    considered first.

10
The True Benefits of Corporate Housing Examined
  • There are productivity benefits as well to be
    considered. Business travelling can become tiring
    and the better the accommodation for your
    employees, the more productive they are.
    Temporary or contract employees you may have
    hired for a certain project need to be fresh and
    wide awake. They may need to travel to sites with
    frequent change of special work clothing. This is
    where the corporate apartment comes into play
    with its laundry facilities. Hotels can be
    exceptionally tiring as you do not have the same
    facilities such as cooking you own breakfast
    without have to bother to dress for breakfast.
    Hotel breakfast served in your room can be quite
    an expensive exercise and you always seem to be
    waiting for something or other. Maybe it's
    pressing clothes, laundry etc. and personal items
    have been known to be lost when staying at
    hotels.
  • Jack Doyle founder of DC Corporate housing has
    plenty to say about the benefits of corporate
    housing. For example, a typical temporary
    corporate housing lease is only 30 days whereas
    you would be lucky to rent an apartment without
    signing a six-month lease. So, from a corporate
    point of view this is ideal. What's more, DCC
    corporate housing can meet you on arrival if you
    wish, show you around the apartment an explain a
    few things such as locks, keys etc. and can also
    arrange temporary insurance if required. In some
    cases, delicate instruments etc need careful
    looking after however, there is no need to take
    chances so additional local temporary insurance
    may be a good thing. Many corporates will insure
    your belongings as part of their group insurance
    policy.

11
Going overseas to that ExpoFind accommodation is
available
  • Before we host a show of any kind in a city we
    need to take due cognizance of the fact that we
    need to have the ability, in that area to, house
    visitors. Expos normally demand short term
    temporary accommodation. There are corporate
    apartments and corporate housing owned by the
    Expo owners but no-one company will cater for the
    thousands of visitors who may also decide to stay
    longer than anticipated.
  • Visitors have expectations as well and so there
    must be some options available, whether upmarket
    accommodation or cheaper rentals, service must be
    provided. In some cases, you might need someone
    to work with you depending how much you can
    afford after mentioning your length of stay. If
    you are going through a fairly well know agent
    then you will want to check out the reviews,
    firstly of their name as a company and secondly
    of the rented accommodation offered.
  • There are so many options that visitors may
    require. Depending on your length of stay, you
    might need such facilities such as a clothes
    washer and dryer, fully stocked kitchen, lounge
    and sitting room facilities, bar and an
    entertainment area. There is no end to the matrix
    of possibilities a client may want. This is
    sometimes difficult depending on the length of
    their stay. When you have an expo or similar, you
    more or less know for certain that the occupation
    will run concurrent with that show. Often
    accommodation is offered on an ad hoc basis, in
    other words you take what is offered, however
    this does not work in every case. You get VIP's
    that virtually want every conceivable contrivance
    and comfort and all the attributes like high
    speed internet, special television sets etc.
    There is really no end to this list. Even branded
    name appliances are often required. It is up to
    the lessor to advertise what type of temporary
    accommodation is offered.

12
Great Accommodation Available Overseas
  • Many corporates when re-locating employees use
    corporate housing rather than putting up the
    whole family in hotel. Also, hotels are not very
    pleasant for a one to three month stay. A three
    day or maybe a week stint at a hotel is fine but
    not longer. Corporate housing brings home life
    back to going away almost. An assignment abroad
    can be as long as six months to a year or more
    and usually the whole family is involved. You can
    virtually duplicate your present living
    conditions when staying abroad in one of these
    rentals.
  • This accommodation now offered is available
    worldwide with consortiums running the show in
    most cases. They are equipped with everything
    one can think of from open plan living spaces,
    smart TV's, hi-speed internet and luxuriously
    appointed furniture and fittings. A fully
    operational kitchen also the more exclusive have
    a weekly housekeeping service in most cases. So
    corporate housing is on the move and the
    investments run into billions of dollars. Many
    corporates seek out one such of these
    institutions and list them as a preferred
    supplier of short term housing. The
    pharmaceutical and medical especially, research
    institutions and their manufacturing facilities.
    The pharmaceutical industry for example, to name
    just one corporate sector, has chemists
    continually moving around the world introducing
    new products and manufacturing techniques to
    fellow employees which is far outshines video
    conferencing.

13
The End
  • For more details, please visit
  • https//stlch.com/
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