Posts Tagged ‘corporate apartment’

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

Preferred Corporate Housing listed as one of the Largest Woman-Owned Businesses in Houston

Tuesday, October 11th, 2016

houston-business-journalThe Houston Business Journal released its annual “Largest Woman-Owned Businesses” list earlier this month. This list includes the top 25 Houston-based companies that are at least 51 percent owned by women. Preferred Corporate Housing is pleased to have been listed as the 17th Largest Woman-Owned Business in Houston according to HBJ’s rankings.

“Corporate diversity plays a significant role in our day-to-day partnerships and transactions. We seek out diverse suppliers and sub-contractors to help us service our national corporate housing clients, so it is nice to be recognized because of our ownership diversity as well,” said Samantha Elliott, President of Preferred Corporate Housing.

This list highlights a variety of industries and ownership backgrounds, but the common denominator for all 25 companies is the strength and commitment of each female owner to lead by example, be adaptable in changing environments, and to remain focused on innovation.

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 2016 Fortune 500 list.

Preferred Corporate Housing is First Member Company to be Accredited by the Corporate Housing Providers Association (CHPA)

Sunday, March 6th, 2016

AccreditedThe Corporate Housing Providers Association (CHPA) is the professional trade association exclusively dedicated to supporting corporate housing professionals and expanding the corporate housing industry around the world. CHPA’s Company Accreditation Program was designed to recognize and elevate companies who have proven their legitimacy, professionalism and commitment to industry best practices and ethics when providing corporate housing services.

CHPA announced last week that Preferred Corporate Housing, a national corporate housing provider servicing more than 42,000 locations across North America, would be the first to achieve the ‘CHPA Accredited Company’ endorsement.

“This is a program we truly value and believe that our clients and supplier partners will value as well,” said Preferred Corporate Housing President, Samantha Elliott. “There are so many ‘fly-by-night’ companies out there that are causing damage to our industry’s reputation with their unethical business practices and fraudulent behavior. CHPA’s Company Accreditation Program is a first step in highlighting which providers are operating within the appropriate standards and best practices.” said Elliott.

In order to be eligible to receive the ‘CHPA Accredited Company’ endorsement, Preferred Corporate Housing had to submit financial history, operational documents relating to business continuity and data protection policies, proof of appropriate business insurance coverage, and letters of reference from peers, suppliers and current clients. Preferred Corporate Housing was also eligible for this endorsement due to its active involvement and leadership within CHPA over the past years, and because all Preferred Corporate Housing’s Senior Managers have earned and maintained the ‘Certified Corporate Housing Professional (CCHP)’ designation.

“We believe that any company that might be sourcing corporate housing services should only want to work with providers who have received CHPA’s Company Accredited endorsement,” said Jon Lanclos, PCH Founder. “This accreditation highlights those companies who have proven themselves to be the best examples of corporate housing industry leaders.”

About Preferred Corporate Housing:

Preferred Corporate Housing is the premier, North American temporary lodging provider for corporate/government relocation programs, extended travel assignments and other corporate travel needs. Since 1996, Preferred Corporate Housing has built a unique model for providing housing solutions in more than 42,000 locations across the US and Canada, specializing in remote destinations and third-tier cities. PCH takes pride in its ability to provide furnished lodging solutions exactly where clients need them, when they need them. Multiple options are available at every budgetary level, making PCH a great partner for any relocation program.

About CHPA:

The Corporate Housing Providers Association (CHPA) is the only trade association dedicated to the corporate housing industry. As the industry continually evolves, members gain insight and resources on how to stay competitive through their involvement with CHPA. CHPA, as the voice of the corporate housing industry, offers networking, educational and informational opportunities to corporate housing providers around the world.

2015 – What a Year!

Thursday, December 31st, 2015

New Year 2016What a year! Preferred Corporate Housing really made the most out of 2015 from being named “Provider of the Year” by the Corporate Housing Providers Association (CHPA), to winning several key client RFPs that will lead us through the years to come. Our team has grown together, laughed together and worked to create the best temporary housing experiences for each of our guests.

So as we close out this amazing year, we thought we would use the last blog post of the year to pass along some of our favorite quotes. The new year brings new ideas, new ventures and a fresh start. But it also brings new challenges and struggles to overcome to achieve these new goals. Here is a little motivation to get you started breaking through barriers and reaching your objectives in 2016!

1. “Life is 10 percent what happens to you and 90 percent how you react to it.” – Charles R. Swindoll

2. “If you can dream it, you can do it!” – Walt Disney

3. “Motivation is what gets you started. Habit is what keeps you going.” – Jim Ryun

4. ” A good beginning makes a good end.” – Old English Proverb

5. “Tomorrow is the first blank page of a 365 page book. Write a good one!” – Brad Paisley

6. “For last year’s words belong to last year’s language, and next year’s words await another voice.” – T.S. Eliot

7. ““We spend January 1st walking through our lives, room by room, drawing up a list of work to be done, cracks to be patched. Maybe this year, to balance the list, we ought to walk through the rooms of our lives…not looking for flaws, but for potential.” – Ellen Goodman

We are excited about the potential of what 2016 will bring. To all our friends around the world celebrating the start of this new year, we wish you a safe and joyous celebration, and we can’t wait to experience prosperity and success with you in 2016!

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 shortlisted for Expatriate Management and Mobility Award

Wednesday, July 22nd, 2015

FEM_AMERICAS_BUTTONPreferred Corporate Housing, a leading provider of temporary lodging solutions in more than 42,000 North American destinations, has been shortlisted for the Forum for Expatriate Management’s (FEM) annual EMMA award for “2015 Corporate Housing Provider of the Year.”

This is the second major recognition this year for Preferred Corporate Housing, who won the Corporate Housing Providers Association (CHPA) Tower of Excellence award for “Large Market Provider of the Year,” in February 2015.

“We are honored to be included in this exclusive list of recognized temporary housing providers by one of the relocation industry’s leading organizations,” said Samantha Elliott, President of Preferred Corporate Housing. “FEM is quickly becoming a go-to resource for knowledge-sharing, best practices and partnership within the global talent and mobility industry, and we are thrilled to be considered one of the best corporate housing providers in their eyes,” said Elliott.

The annual Americas Expatriate Management and Mobility Awards (EMMAs), “celebrate excellence in global mobility. With over 20 categories, these awards truly recognize leaders, business successes and rising stars,” as described on the FEM website.

“We believe we continue to achieve successes and honors such as this because our entire team is committed to innovation and excellence in the temporary housing services we provide,” said Krista Ripper, Director of Business Development for PCH. “We work each day to find new and exciting ways to improve the guest experience, and we never settle for doing things just because its the way they’ve always been done,” said Ripper.

“Our goal is clear,” said Elliott. “We want to be the best temporary housing provider with the best team, the best options, the best tools and the best prices. Being included in this prestigious list is proof that we are on the right track,” said Elliott.

The final award winners will be announced at the black tie gala event on September 9th at the Loews Coronado Bay Hotel in San Diego.

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, 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.

Tenant Screening – A Welcome Requirement?

Monday, July 13th, 2015

Background checkThe use of tenant screening, more commonly referred to as “background checks,” is growing in popularity in multi-family apartment leasing. These days just about every landlord and property manager utilize some sort of credit and rental history screening process for the financially-responsible party, but now the integration of background checks for residents is becoming just as commonplace. In the past 24 months, Preferred Corporate Housing has seen a significant increase in the communities which now require specific guest information to be provided so that criminal background checks can be performed on each occupant. While each property management company has it’s own criteria they use to evaluate whether or not they will accept or reject an applicant, PCH is finding that communities are following the guidelines and recommendations from their local civil authorities. With many states and municipalities having passed legislation requiring the tracking of criminal offenders and sexual predators, apartment communities may be required by local law to perform these tenant screenings.

“PCH provided our fully furnished apartments in 49 out of the 50 U.S. states in 2014, and we’ve seen an uptick in background checks/tenant screening processes in every state we serviced,” said Anna Doran, Senior National Account Executive for Preferred Corporate Housing. “This is a welcome trend from our perspective because, even though it may cause a bit more paperwork on the front-end, adding criminal screenings is a way to improve safety across the board for our corporate clients,” said Doran.

Another reason multi-families are adding these types of criminal screenings to their leasing process is in effort to eliminate “negligent leasing.” This is a widely used term in the multi-family rental industry used to describe a rental situation go awry due to lack of due diligence and pre-screening on the part of the community management. Negligent leasing is a real concern today as properties can potentially avoid theft, violence and damages by simply running a criminal history check on guests before accepting them to their property. Fair Housing laws require that if any screening of this nature is performed on one potential resident, it must be applied to all potential residents across the board.

“We prefer to place our corporate clients at communities that require these type of criminal screenings for guests because it adds a bit more peace-of-mind about the neighborhood,” said Megan Margetusakis, Director of Operations for PCH. “Our clients have an expectation of safety when they stay with us, and while we can’t guarantee that crime won’t happen, we can do our due diligence to reduce the risk by placing them in communities with resident screening requirements.”

Although resident screening services can potentially weed out unwanted, potentially dangerous neighbors, many corporate clients have balked at the requirements to provide the personal information needed to complete these screenings for their corporate travelers. This hesitancy is not due to fear that their employees will not pass the screenings, but rather protection of their employees’ personally identifiable information. Drivers License numbers, date of birth, and even social security numbers are often required for these screenings. International travelers may even be asked to provide copies of their passports.

“The most important thing for corporate travel and mobility managers to understand when it comes to resident screening requirements is that we must abide by the community requirements when placing your employees in our furnished apartments,” said Margetusakis. “Because of Fair Housing and other local laws, we do not have the ability waive these requirements on a case by case basis for any guest or employee. What we can offer are secure ways to provide the required personal information that doesn’t violate the company’s PII policy and/or place the employee at risk for PII exposure.” said Margetusakis.

Tenant screening, background checks, criminal history review…they are all here to stay, and it is highly-likely that their inclusion in rental approval processes will continue to gain popularity throughout the country. Corporate Travel and Mobility Managers should be prepared to counsel their employees on this requirement and talk through best-practices and safe methods for providing the necessary personal information for these screenings.

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.”

What’s in store for PCH in 2015

Monday, January 12th, 2015

20152014 was amazing for PCH, and coming off such a great year, we are committed to keeping the momentum going throughout 2015. In fact, this year has already kicked off with several great things for Preferred Corporate Housing. We have already won our first large group mobilization bid for 2015, a $130k contract with the US Coast Guard that began during the first week of the new year. Our team members have already completed 2 new certification courses and contributed 5 continuing education credit hours towards our goal of 100 per year. And our webinar series on temporary housing trends has already been approved for Certified Relocation Professional (CRP) credit issued by the Worldwide Employee Relocation Council…and we are only 11 days into the new year! We are just getting warmed up!

We have several new program launches in store for 2015 that will allow us to service more clients in more locations, including international destinations, and we are expanding our portfolio of service inclusions for our clients. We are excited about adding our new, unique approach to the exceptional temporary housing services we already offer in more than 42,000 locations, and for the new opportunities these added benefits will bring for PCH and our clients.

So keep your eyes peeled and your ears open because Preferred Corporate Housing has lots in store for 2015, and you won’t want to miss any of it!