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Corporate Housing Know How

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1. Corporate Housing Makes Sense 2. Studies show temporary lodging is necessary for effective company policy 3. 5 Important Details to Keep in Mind 4. The Benefits of Corporate Housing 5. The Corporate Housing Advantage 6. Corporate Housing or Hotel- The Difference 7. Demand for Corporate Housing on the Rise 8. Demand for corporate housing markets is on the rise 9. Corporate Housing in Demand More Than Ever 10. Corporate Housing is in the Spotlight – PowerPoint PPT presentation

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Title: Corporate Housing Know How


1
Corporate Housing Know How
2
Synopsis
  1. Corporate Housing Makes Sense
  2. Studies show temporary lodging is necessary for
    effective company policy
  3. 5 Important Details to Keep in Mind
  4. The Benefits of Corporate Housing
  5. The Corporate Housing Advantage
  6. Corporate Housing or Hotel- The Difference
  7. Demand for Corporate Housing on the Rise
  8. Demand for corporate housing markets is on the
    rise
  9. Corporate Housing in Demand More Than Ever
  10. Corporate Housing is in the Spotlight

3
Corporate 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.

4
Studies 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.

5
5 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.

6
5 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

7
The 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!

8
The 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.

9
The 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.

10
Corporate 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.

11
Demand 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.

12
Demand 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.

13
Corporate 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.

14
Corporate 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.

15
The End
  • For more details, please visit
  • https//www.kansascitycorporatehousing.com/

844-816-1218 info_at_kansascitycorporatehousing.com
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