Owning a business that operates in multiple locations is no easy feat. Your staff is continually moving from one place to another. And it does not help when these workplaces are in different cities. As a business owner, you have to bear the cost of business trips. That includes travel, accommodations, and food. Journey and food you can indeed manage. But accommodations drain your pocket faster than any other cost of business traveling. One way to reduce the cost is to have corporate housing.
Corporate housing means fully furnished housing units (apartments, houses, or condos) designed for long-term stays. Businesses and companies rent them to accommodate their employees. This way, they save much money that you would otherwise waste paying hotel bills. Corporate housing has many benefits for your business.
The following are five benefits of corporate housing to your business:
Business trips tend to last long. Imagine paying the hotel bills of an entire team staying there for months. Bills add up soon. Therefore corporate housing saves you from that. Renting a place for the length of a trip saves money. And you can also extend the stay if the need arises without any worry. Otherwise, that particular trip for the project may cost you substantial.
Closer To Work Sites
You cannot guarantee proximity to your worksite with hotels, especially if your worksite is in a remote location. For example, there are no hotels around oil fields. So workers who work there have to commute a long way to and from the site. The long-distance travel tires them out unnecessarily. That’s why oil field housing companies rely on corporate housing to accommodate their employees. Having a corporate lodge nearby boosts their morale. The thought of a comfortable home awaiting them is very soothing. It motivates them to work faster and more efficiently. Also, they are never late to work.
Comfortable And Spacious
The most significant disadvantage of hotel rooms is their lack of space. Even the deluxe suite at a luxury hotel is small compared to what your workers usually live in. It is not possible to live out of a suitcase for weeks and months. It would help if you had a place that feels more like home. Corporate housing provides that. Here you get fully furnished areas that are quite spacious and very comfortable. The furniture is better too. They enjoy a comfortable bed, a proper desk, a couch, and sometimes a dining area.
The best thing about corporate housing is that it comes with luxurious amenities. For example, you can access a full kitchen complete with a refrigerator, stove, and microwave oven. Moreover, there is a laundry room with washer and dryers, a maid service to keep it clean, and of course, a fast internet connection. All of these are very useful when you are away from home.
Take outs and dine-ins for meals will cost you a lot. Having a kitchen allows your workers to cook healthy meals for themselves. Washing clothes at a laundromat is too costly. A washer and dryer installed in your corporate house save them from the hassle. They tidy up, take out the trash, and even clean bathrooms. This way, even if your employees live together, nobody has to worry about cleaning after the other. And of course, a high-speed internet connection is something everybody needs in an unfamiliar town.
With a hotel room, there is no variety. It is always a room with very little space to move around. With corporate housing, you have much variety to choose from. Apartments, private homes, high rises, condos, and many other styles are available for you to rent. What’s more? The price is variable too. You can choose a place that suits your needs and budget more.
Corporate housing is beneficial for your business. Especially when it regularly sends employees on business traveling. Whether it is a seminar or any other business operation, staying at a hotel is undoubtedly expensive. Corporate housing offers a more affordable and comfortable solution to your accommodation needs. They are closer in the vicinity and provide all the amenities together with boosting employee morale and motivation. All of these certainly make it a better choice for your business.