Taking business trips is a constant for employees, especially if customers are in different states or if the company has branches in other locations. Business travelers often have to stay for a while in new cities and in the old days it seemed like racking up high hotel expenses was inevitable. At least, until the invention of serviced apartments.
Also known as extended-stay apartments, these types of corporate housing are specifically designed to accommodate business travelers on a short-term or temporary arrangement. First introduced in 1997, the need for accommodation and rising hotel accommodation costs have led companies to opt for corporate housing that offers approximately 25% to 40% savings depending on location. Staying in overcrowded hotel rooms and settling for mediocre service is no longer an option, not when there are serviced apartments that are fully equipped with the latest appliances and tastefully furnished employees have a home away from home.
Renters can also choose anything from a single room to a three-bedroom unit, which means they can also bring their families for a nice vacation. Most employees like this setup and they like the profitability even more. Furthermore, staying in an ideal environment, which helps employees relax and unwind, also increases their productivity. Without worrying about not having what they need and having cleaning services in most cases, employees can better focus on their work and therefore get better results.
Another big advantage of these serviced apartments is their location. Since most of them are located in the heart of major cities or at least within a short distance from them, employees are spared from having to endure long commute hours, being stuck in traffic, and have the comfort that the commercial areas are easily accessible, really profitable. Efficient in every possible way.
So what exactly are corporate housing costs and how do you go about finding the best one? The cost of these corporate apartments typically varies based on location, length of stay, and number of rooms. When connected to the Internet, you can search for apartments based on location and number of bedrooms. When you open your search results, you can read detailed descriptions of each apartment, including shopping areas that are within walking distance, as well as information on public transportation in case you can’t drive.
Also, by clicking on a particular apartment that you like, you will see details about the apartment’s amenities, as well as the rental price per week and the required minimum length of stay. You’ll also be able to view testimonials from previous tenants, which are helpful in making a firm decision or indicating if you need to keep looking. Best of all, even if you add up the total cost, it’s still substantially lower than hotel accommodation.
Flexibility in terms of payment options is another thing that business travelers find attractive in serviced apartment rentals. You can choose to pay a monthly fee or send invoices directly to your company. Truly, it is meant to help you worry less about the small stuff and focus more on the job at hand.
