Posts Tagged ‘corporate housing’

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 Director earns Global Mobility Specialist® Designation

Tuesday, September 13th, 2016

gms-logoMichelle Velasquez, Preferred Corporate Housing’s Director of Client Services, has earned the certified Global Mobility Specialist® (GMS) designation.

This designation is another example of Preferred Corporate Housing’s commitment to continuing education and professional development of its team members, and also signifies PCH’s dedication to providing its clients with relocation and temporary housing expertise.

The Global Mobility Specialist (GMS®) designation, administered by the Worldwide Employee Relocation Council (WERC), signifies that a person is specialized in the field of global workforce mobility and is committed to ongoing industry education and outreach. Achieving the GMS® designation classifies individuals as subject matter experts and industry leaders across the mobility arena.

The Worldwide ERC is the workforce mobility association for professionals who oversee, manage, or support U.S. domestic and international employee relocation. The organization was founded in 1964 to help members overcome the challenges of workforce mobility.

To achieve the GMS designation, Michelle completed courses on the following topics:

  • Applied International Assignment Policy Development
  • Policy Alternatives, Strategies and Tactics for Global Workforce Mobility
  • The Intercultural Challenge: Doing Business Globally

Michelle joins an elite group of other mobility professionals from 51 countries around the world who have also earned the GMS designation. As a result, she has acquired extensive global mobility knowledge on up-to-the-minute topics affecting the industry and the professionals who support it.

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.

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

PCH Short-Listed for EMMA Award by Forum for Expatriate Management (FEM)

Thursday, March 10th, 2016

Preferred Corporate Housing has been shortlisted for the Forum for Expatriate Management’s (FEM) annual EMMA award for “2016 Corporate Housing Provider of the Year.”

This is the second consecutive year for Preferred Corporate Housing to make the Shortlist of potential winners for an EMMA award. In 2015, Preferred Corporate Housing received “Highly Commended” recognition in this same category.

“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 May 5th at the Hilton City Avenue hotel in Philadelphia.

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.”

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.