Posts Tagged ‘accommodations’

Preferred Corporate Housing Adds New Director of Business Development

Tuesday, November 14th, 2017

Andrew HeadshotPreferred Corporate Housing, a leading provider of temporary lodging solutions in more than 42,000 global destinations, is pleased to announce the addition of Andrew Cramer to their Business Development Team.

A graduate of Abilene Christian University, Andrew brings a passion for helping companies get the most value from their temporary housing spend. His previous experience in relationship-building and process management will help serve and grow PCH’s existing global client base.

“We know Andrew will be an excellent asset to our team because of his tenacity, corporate experience, and ability to establish great partnerships with those that are in need of our services,” said Samantha Elliott, President of Preferred Corporate Housing. “Andrew has already made significant contributions for us and is excited about the growth opportunities with Preferred Corporate Housing and the corporate housing industry as a whole.”
About Preferred Corporate Housing (PCH):
Preferred Corporate Housing has been providing furnished temporary housing services across North America for more than 20 years. With service to more than 42,000 locations, PCH has become a go-to resource for more than 8,000 local, national and global clients including 413 companies on the Fortune 500 list.
Press & Media Contact
For questions or commentary about trends in the corporate housing industry, if you would like to collaborate on story development, or if you are looking for a corporate housing subject-matter expert (SME) to serve as a speaker/panelist at your next conference or trade show, please inquire with our media relations contact to arrange an interview with a Preferred Corporate Housing executive. Michelle Velasquez – (800) 960-0102 ext 21, michelle@corporates.com.

Company-Sponsored Intern Housing: Three Reasons to Include in Your Program

Monday, March 20th, 2017

Intern Program HousingAsk an intern what’s the most stressful part about accepting an out-of-town position and chances are you’ll hear: “Short term housing.” Ask an employer what’s the most stressful part of hiring interns from out of town and they will probably say the same thing.

Short term housing is one of the most crucial, yet challenging, intern program benefits to administer. The stresses of finding and securing a place to live for three months can result in anxiety for both you and your relocating intern, and if not done correctly, can lead to huge cost implications and failed assignments.

Some companies may offer a lump sum to help their interns, but this option may not eliminate as much stress as many Program Managers would hope. A lump sum requires the intern to research the housing market, find a suitable option on their own, and possibly still front the rental costs. Without direction and assistance from Program Managers, lump sum programs typically result in confusion and create additional risks to the overall success of intern assignments.

To attract top talent and ensure success for your Intern program, providing vetted short term housing options and paying some (or all) of the associated costs for short term housing has proven to be most-effective. Here are three reasons why.

1. Quality Control Assurance

Interns who are tasked to find their own housing for the summer are almost always going to look for the cheapest option. Because most interns are financially strapped college students, it’s not likely that they’ll be willing or able to drop several thousand dollars on a place to live for three months. The result could be disastrous for both you and your interns.

Many platforms targeted specifically for interns offer deals that are sometimes too good to be true, and they unfortunately prey on naïve victims. Asking interns to wire rent money or give up personally identifiable information can be “red flags” that your interns may not notice. Rental scams have become more common over the last few years and interns looking for the best deals can sometimes fall victim to these schemes. Interns who are not familiar with housing best-practices and quality control checkpoints may be at the most risk.

Another consideration is the quality of housing your interns will have if they look for the cheapest option.  While there’s nothing wrong with affordable housing, it’s important that your interns feel comfortable with the place where they will be living over the course of their internship. If your interns are living in area that’s unsafe or an apartment that’s unclean and poorly cared for, it could affect their performance at work and their attitude about the internship.

Providing short term housing options puts you in control of the housing experience your interns will receive. If you can work with your temporary housing partner to provide an approved list of housing options and are willing to subsidize some (or all) of the rent, you can ensure that your intern class isn’t going to be subjected to rental scams or choose housing based solely on price. A negative housing experience can negatively impact your intern’s overall impression of your program, but demonstrating that you care about the living conditions of your interns will contribute to a positive impression of the company and possibly affect the likelihood of them accepting a full-time offer

2. Timing is Everything

Did you know that some programs start securing their intern housing more than a year before the actual stay? Timing is everything in short-term housing. If interns start looking too early, the options they find may not still be available by the time they’re ready to sign a lease. If they start looking too late, they may miss out altogether.

Companies that offer sponsored lodging arrangements for their intern programs have the benefit of working with trusted, experienced temporary housing providers who can utilize their own buying power and industry relationships to create the best possible solutions for each intern. By utilizing the expert knowledge of a trusted temporary housing provider, you can ensure your interns will not be left in the lurch.

3. Reduces Intern Anxiety

Finding viable housing for their stay in addition to mentally preparing for their new role within your company creates an enormous amount of stress for new interns. Chances are, your interns have never done this before. They are used to college dorms or signing year-long apartment leases in student-friendly communities. The interns’ lack of experience with the nuances of short-term housing may create frustration and anxiety, causing them to begin their assignment with a negative impression of their new company.

Unfortunately, as many of us may know all too well, this stress related to intern housing won’t be restricted to just your interns. You’ll be feeling it too. One-off questions will be coming at you from various interns at various times throughout the process.

By investing the time and energy up front to create a relocation benefit for short-term housing, and working with a dedicated, experienced temporary housing provider, your company can continue to attract the top talent and ensure their focus remains on the job at hand.

PCH Team Member Joins Houston Relocation Professionals Board of Directors

Friday, December 16th, 2016

michelle-velasquez-highresPreferred Corporate Housing is proud to announce that our Director of Client Services, Michelle Velasquez, has been appointed to the Board of Directors for the Houston Relocation Professionals organization.

Houston Relocation Professionals (HRP) was founded by a small group of global mobility professionals in the Houston area for the purpose of providing education and networking opportunities to the local relocation and human resource communities.  Today HRP has a membership of over 200 mobility professionals from within the Greater Houston area, as well as from many other locations throughout the United States. Michelle joins an elite group of current Board Members from all facets of the relocation industry.

“I’m excited for the knowledge-share, continued professional development and networking opportunities to come within the organization,” said Michelle. “Our goal is to increase the value that HRP provides for its members, and I can’t wait to do my part to help achieve that goal

Thursday, June 23rd, 2016

At last month’s Americas Mobility Conference sponsored by the Worldwide Employee Relocation Council (WERC), PCH team member Michelle Velasquez, led an interactive discussion on the most recent trends impacting employee travel in relation to temporary housing. Several of the HR Managers in the attendance asked questions about Airbnb and wondered if this “home-sharing” hotel alternative is affecting extended business travel and lodging needs in conjunction with employee mobility.

It was noted that these types of lodging alternatives are spending millions in creative advertising targeting the younger traveler, and they are becoming more attractive to individual employees traveling with their own out-of-pocket expenses. But for company-sponsored assignments, Airbnb is still a risky alternative.

The discussion was focused around the unknowns involved with those Airbnb-type of bookings, and how those unknowns can potentially impact the success of an assignment. With little-to-no regulation or quality oversight, employees take a risk on each booking. Another concern involves “home-sharing” solutions like Airbnb and its competitors being heavily lobbied against by the Hotel Industry. This lobbying is creating legislation that involves restrictions, and in some cities, elimination of these types of alternatives altogether. If Airbnb suffered a big loss in a city (think of the Uber ban in Austin, TX) where a company’s employees were utilizing their services, it could distract from the goal of the assignment while the employees are scrambling for alternative lodging.

AirBNB Nightmare

AirBNB Nightmare – Vice.com

Another deterrent for employers who may be exploring Airbnb as a lodging alternative for its employees involves the negative press that spreads throughout social media when a “home-sharing” booking goes terribly wrong. Vice.com released an article this morning recounting some of the worst experiences ever reported with Airbnb experiences. If the stories of brothels, drug-dealing hosts and sardine-style sleeping arrangements don’t scare employers away, the images included in the article certainly will. We’ve included a few as a preview, but you can view the entire article by visiting https://www.vice.com/read/strangest-airbnb-experiences-stories-876

Preferred Corporate Housing clients count on us to provide a home-like experience that is move-in ready and free of stress. HR and Talent Managers understand that employees need a stable, comfortable living experience in order to be productive and successful in their new assignments. Our furnished apartment solutions in residential communities provide the standardization, quality oversight and 24-hour service that are necessary for successful mobile assignments. If you are exploring lodging alternatives for your employees in order to create successful and productive assignments, call Preferred Corporate Housing to learn more about our solutions in more than 42,000 North American destinations. (800) 960-0102. www.corporates.com

Most Affordable States for Job Seekers

Friday, May 27th, 2016

Graduation season is upon us! This means thousands of college graduates ready to enter the workforce with high hopes and unrealistic expectations. Although job creation is on the rise and many glamorous locations are beckoning college graduates to come and find work, often times these locations’ housing costs are way beyond the scope of what entry-level wages can afford. What a perfect time for Forbes Magazine to release its study on the most affordable states and rental rates for new job seekers. John Wasik, a Forbes Contributor, sums up which locations should be most attractive for entry-level workers:

“It’s tough to be a recent college graduate. You’re scrapping to find the highest-paying job and may be carrying loan debt. You must feel like you’re running uphill with a backpack of rocks.

If you’re looking to relocate, what’s the first economic decision you need to make? You need to know what prevailing rents are in the city you wish to relocate to relative to your income.

Let’s get the spoiler out of the way first: The largest, most glamorous cities are unaffordable unless you’re making way more than $20 an hour. You won’t be able to afford these places at all if your wages are around minimum wage.

According to a recent report by the National Low Income Housing Coalition, for most workers, that probably puts Hawaii, California, New York, Maryland and New Jersey out of reach for millions. Here’s what the report found:

“In order to afford a modest two-bedroom apartment at fair market rent, a full-time worker in America today must earn $20.30 per hour—a figure that is almost $5 more than the average hourly wage of renters in the U.S. A full-time worker needs to earn $16.35 per hour to afford a modest one-bedroom apartment.”

 One simple rule of thumb is that average rents (or overall housing costs) shouldn’t exceed more than 30% of your income. In glamor cities like San Francisco, Los Angeles, Seattle and New York, you’ll get soaked for housing costs, which could easily exceed half of your income.

That puts a huge burden on you. Remember that you need to pay for food, transportation and other necessities. You won’t be able to save money.”

To view this article in its entirety, visit http://www.forbes.com/sites/johnwasik/2016/05/27/most-affordable-rents-states-for-job-seekers/#306c5d293d90

Hurricane Katrina – A Look Back at Disaster Preparedness

Friday, August 28th, 2015

Hurricane Katrina from space On September 16, 2004 Hurricane Ivan made landfall along the coasts of Alabama and Florida. Prior to the storms’ arrival, mandatory evacuation orders were issued all along the Gulf Coast due to Ivan’s unpredictable path. These evacuations caused widespread panic and Preferred Corporate Housing, a national provider of furnished apartment solutions, began receiving higher-than-normal inbound calls at its Headquarters in Houston, Texas. “People were desperately requesting apartments as far away from the coast as they could get in the short amount of time they had,” recalls Megan Margetusakis, PCH Director of Operations. “Our existing corporate clients were calling in to find solutions for their displaced employees along with all of the people who happened upon our information on the web. We were one of the only national furnished apartment providers at the time, and I remember it being extremely chaotic trying to fulfill everyone’s requests.”

Preferred Corporate Housing eventually housed hundreds of people along the Gulf Coast following Hurricane Ivan’s destruction, but knew that they had to come up with a better plan for servicing disaster-related situations for the future. “We knew we had create a specific planning and response process for any future disaster-related situations that might occur,” said Jon Lanclos, Founder of PCH. “When a Hurricane is on its way, its too late to start trying to create a plan, and we wanted to be prepared in the future. We also knew that we were at risk for future storms and we need to be prepared as well. That’s how we came up with the Preferred Placement Program®

This unique disaster preparedness plan allowed us to track the anticipated path of a potential storm, compile an instantaneous list of all existing clients located near the path of the storm, and simultaneously source all viable furnished apartment solutions outside of the storm’s path to offer to anyone who may be evacuating prior or displaced. Using our proprietary database platform, we were able to incorporate automatic alerts, employee phone trees, mobile office solutions and other critical disaster recovery elements that would allow us to be a resource for any company effected by a disaster, no matter where it occurred.

The remainder of 2004 along with the beginning of the 2005 hurricane season, which began with Hurricane Dennis hitting the Florida coast in July, gave Preferred Corporate Housing several opportunities to test and perfect each element of our newly formed Preferred Placement Program®. “Although there were some kinks, I was proud of the plan we had created and our ability to service our clients who were displaced after Hurricane Dennis. If we had not taken the time following Hurricanes Ivan and Dennis to perfect our systems and plans, we would not have been ready for what came next,” said Lanclos.

new orleans post KatrinaOn Monday, August 29, 2005, Hurricane Katrina made landfall near New Orleans. Preferred Corporate Housing had enabled the beginning phases of its Preferred Placement Plan® the week prior and was already operating its “Ready Room,” to prepare for another influx of calls once the storm passed. “It was pretty close to business-as-usual at the beginning of the week,” said Margetusakis. “Although we were receiving a higher call volume and were responding to more housing requests, we were following the plan we had in place and things were going as smoothly as could be expected. As news reports of the failed levees and floodwaters started surfacing, we watched, along with the rest of the world, in horror as people were stranded in their flooded homes and at the Superdome without food or water.”

“As we learned of the levee breaches and widespread devastation, we expanded our search radius to incorporate more cities away from the devastated regions. We knew that we would need more available housing than originally planned, said Lanclos. “With our past storm-response experience and our allocated resources, we had quickly developed a reputation with our clients and apartment community partners of being a go-to resource for furnished apartment solutions following a disaster.”

PCH received a call from an American Express Travel Agent on August 31, around 5:15pm. “Normally we would have been shutting down for the day,” explains Samantha Elliott, President of Preferred Corporate Housing, “but we were all still busy helping people find housing that we had extended our office hours for the week.” The caller explained that she was representing a major energy company who’s Louisiana office was currently underwater in New Orleans and who was looking to relocate its entire team and operations away from New Orleans as quickly as possible. The caller had been turned away by three other national corporate housing providers who explained that they had already reached their inventory capacity and could not accommodate a group of this size.

The company was Dominion Exploration and Production, one of the largest providers of electricity, natural gas and related services at the time. Dominion Exploration’s Louisiana office, Dominion Tower, was located directly across from the Superdome, and was the central office for more than 325 employees who were displaced from their homes following Katrina’s devastation.

astrodomePreferred Corporate Housing was up to the challenge. It was decided that Houston, TX was the best location with enough housing solutions for all 325 employees and their families. Utilizing the designed Preferred Placement Plan®, Preferred Corporate Housing’s team was able to source and furnished all 325 apartments at 21 different apartment communities in the Houston area.  Dominion evacuated the families and brought them to Houston where they arrived to fully furnished, fully equipped apartments. For many, it was the first time they were able to sleep in an actual bed, prepare a meal, and even shower since the storm hit.

“It was the proudest moment for me,” said Elliott. “We saw the living conditions these people were coming from, and for my team to be able to provide a safe, comfortable place for these families while they began the rebuilding process was an accomplishment that I will never forget.” These Dominion employees and their families were home in the PCH furnished apartments for the next 6 months. Although approximately 200 families returned back to New Orleans in early 2006, around 140 employees became permanent Houston residents and did not wish to return.

Its been ten years since Hurricane Katrina caused more than $108 billion dollars in damage, more than 1,300 deaths and displaced more than 400,000 people from the Gulf Coast region. “Looking back, there isn’t much I would do differently,” recalls Lanclos. “We had a plan in place ahead of the storm, and though we could never have predicted the amount of devastation, we were able to provide immediate solutions when others could not.”

“We still use the same Preferred Placement Plan® today,” says Margetusakis. “We’ve improved it as technology and resources have changed, but the shell of the plan is the same.”

“Hurricane Katrina taught us so much about our company – our strengths, our culture, our capabilities,” said Elliott. “I am so grateful we had the opportunity to help those families, and while I hope no one has to experience that kind of devastation again, I know we’ll be ready to help the next time we get the call.”

To read the Hurricane Katrina Disaster Relief Case Study in its entirety, visit http://www.corporates.com/dom. To learn more about Preferred Corporate Housing’s furnished apartment solutions in more than 42,000 North American locations, or to receive a customized employee housing proposal based on your specific program needs, contact Krista Ripper at (800) 960-0102, krista@corporates.com.

Preferred Corporate Housing Launches Partnership with Move for Hunger

Thursday, June 11th, 2015

Screen Shot 2015-06-11 at 3.46.08 PMPreferred Corporate Housing launched its very successful ‘Preferred Charity Helpers’ Program in the Fall of 2013. Through this client-driven initiative, PCH has committed to supporting various local, regional, national and global charities as selected by each of its National Account Program Members. In the past two years, PCH has donated over $200K to organizations like Habitat for Humanity, The Wounded Warrior Project, ASPCA and several other local and regional charities.

PCH is proud to announce its newest ‘Preferred Charity Helpers’ alliance with Move for Hunger, a hunger relief organization that works within the relocation industry to collect non-perishable food items left behind when someone moves, to deliver to food banks all across North America.

Preferred Corporate Housing will be supporting Move for Hunger in several ways, including quarterly monetary donations via the ‘Preferred Charity Helpers’ Program, and by collecting food items left behind when guests move out of one of its nationwide furnished apartments. Once the food items have been collected, Move for Hunger will use its network of partner van line companies to deliver the food to local food bank operations.

“We really fell in love with the concept of Move for Hunger,” said Samantha Elliott, PCH President. “Everyone has non-perishable food items that are a hassle to pack and transport, and most of it winds up in the trash. But by partnering with Move for Hunger and giving our guests a way to donate those items, we know we can help make a big difference to fight hunger within our country.”

PCH Awarded “Company of the Year” by Corporate Housing Providers Association (CHPA)

Monday, April 27th, 2015

Company of the YearPreferred Corporate Housing, a national provider of furnished lodging solutions in more than 42,000 locations across North America was just awarded the Tower of Excellence “Provider Member/Company of the Year” Award by the Corporate Housing Providers Association (CHPA).

The Corporate Housing Providers Association (CHPA) is the professional trade association exclusively dedicated to supporting corporate housing providers around the world. With more than 300 company members, CHPA works closely with related trade associations such as the Worldwide Employee Relocation Council (WERC), National Apartment Association (NAA) and various others as an advocate and educational resource for the corporate housing industry across the globe.

CHPA recognizes success and achievement within the corporate housing industry by presenting the highly-coveted Tower of Excellence Awards at its national conference each year. Company award categories include Best Community/Philanthropic Program, Most Creative Marketing, Best Green Progress and the most-coveted, highly-competitive award of “Provider Member/Company of the Year.” The 2015 Tower of Excellence award for “Provider Member/Company of the Year” was presented to the Preferred Corporate Housing team at the awards luncheon in Orlando, Florida.

“We are extremely proud and honored to win this prestigious award,” said Jon Lanclos, Founder and CIO of Preferred Corporate Housing. “Being included in this category with so many other heavy-hitters and industry leaders is a challenge in itself. Coming away with the recognition of ‘Company of the Year’ really legitimizes the hard work and dedication that our team has put in to being the best corporate housing provider.”

CHPA selects “Provider Member/Company of the Year” award winners based on scored evaluations from the following categories: a) Contributing locally, nationally, and internationally to the corporate housing industry b) Creating unique solutions or programs to enhance the industry. c) Achieving sound financial results as they pertain to growth through sales and other initiatives. d) Exceeding guests’ expectations measured by survey results or testimonials from guests or clients e) Developing strong relationships with other corporate housing providers f) Developing collaborative relationships with supplier partners.

“We’ve really focused on what sets us apart,” said Samantha Elliott, President of PCH. “Its not just about providing a furnished apartment. Its about finding opportunities to personalize our service, customize the solutions we offer and really ‘wow’ our guests each and every time. Every person on our team plays a vital role in making that happen, so we are happy to share this award with them,” said Elliott.

About Preferred Corporate Housing:
Preferred Corporate Housing has been providing furnished temporary housing services across North America for more than 20 years. With service to more than 42,000 locations, PCH has become a go-to resource for more than 8,000 local, national and global clients including 413 companies on the 2014 Fortune 500 list.

Press & Media Contact
For questions or commentary about trends in the corporate housing industry, collaboration on story development, or a corporate housing subject-matter expert (SME) to serve as a speaker/panelist at your next conference or trade show, please inquire with our media relations contact Michelle Velasquez – (800) 960-0102 ext 21, michelle@corporates.com.

PCH Sponsors Relocation Partner Forum in Beaver Creek, CO

Wednesday, October 1st, 2014

PCH was proud to be invited to attend the 4th Annual MSI Executive Forum in beautiful Beaver Creek, CO earlier this month.

Hosted by the beautiful Ritz-Carlton, Bachelors Gulch Resort, the annual MSI event brought together the most respected minds in global mobility to explore the latest trends and key topics impacting talent management as it relates to employee mobility. With more than 300 supplier partners and corporate HR managers in attendance, PCH was proud to sponsor such an amazing event.

The education portion of the forum kicked off with opening remarks by Tim Runnion, CEO of MSI Global Business Solutions. He placed emphasis on the importance of adaptation and flexibility in order to remain successful. He was followed by keynote speaker, Jared Cohen, who spoke about how technology is changing the landscape of the world. His fascinating take was the perfect intro to an amazing day of networking and education.

“MSI was a great host,” said Samantha Elliott, President of PCH. “They created a great event in a great location, and we were excited to be a part of it!”

The education and networking opportunities hosted by MSI provided additional insight about their core values, hot topics and forward outlook. PCH team members also earned 10 additional continuing education credits, bringing their 2014 total to 117.MSI Photo 2

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Don’t Fall Prey to the Summer Productivity Slump

Monday, July 21st, 2014

summer slackingAccording to a survey done by the Captivate Network, workplace productivity tumbles about 20% in the summertime. Of the 600 workers surveyed throughout various industries, most of us feel distracted, we take longer to complete projects, go on longer lunch breaks, and even have a drop in workplace attendance. You may be less productive because you’re distracted by summer activities or the fact that business has slowed. Maybe your managers and colleagues are on vacation so your normal hustle and bustle office environment is quieter than normal. Whatever the reason, Here are 5 things you can do to boost your productivity at work this summer.

Adjust the thermostat
I know it sounds silly, but research has proven that if the temperature inside your office is too high or too low, your productivity can suffer. Citing research from the Lawrence Berkeley National Laboratory, it states the optimal office temperature is between 70 and 72 degrees (Fahrenheit). For every degree over 77 degrees, productivity drops by 2%, and below 68%, error rates increase dramatically. They also found that 10% of employees also waste time arguing over the office temperature, so if everyone could just agree on 70 to 72 degrees, we would all be more productive.

If there’s no work, find some
If you’re not productive simply because things around the office are slow, use this time to get a jump start on upcoming projects or new initiatives that might take more time to launch. The longer you wait for things to pick back up, the longer it will take for things to pick back up.

Switch up your routine, or the scenery
If work is starting to feel a little stale, you may be able to kick-start simply by changing your routine or environment. Try getting outside more during the workday. Go for a walk or have meetings outside. Or if you tend to do the same things at work in a set order, consider switching things up. The summer is a great time to start a new task and challenge yourself.

Don’t fall prey to lowering your output
Managers most-likely won’t accept poor performance because it’s a slower time of year. As long as your are getting your paycheck, your boss is assuming you are working to the best of your ability, regardless if others are vacationing at the beach.

Don’t think showing up equates to productivity
Just keep in mind that achievements trump hours spent. Just because you are in the office for the required eight hours doesn’t mean you’ve done your job. The summer is not a ticket for slacking off, so don’t do it!