Posts Tagged ‘lodging’

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.

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 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.

Corporate Housing Rate Increase Offsets Slight Declines

Thursday, June 5th, 2014

Supply and DemandThe Corporate Housing Providers Association (CHPA) released the annual 2014 Corporate Housing Industry Report, highlighting the industry’s key performance indicators for North America, along with market-specific information in fifty US metropolitan statistical areas (MSAs) and five Canadian markets. Overall, the corporate housing industry remains steady despite a challenging business climate. Despite an increase in units owned by corporate housing providers, the supply of US corporate housing units declined in 2013 compared to 2012.

“Corporate housing providers again had difficulty finding inventory in 2013,” remarks CHPA Chairman Pam Wade, CCHP, of Gables Corporate Accommodations. “For the second successive year, residential apartment demand growth exceeded the change in supply, lowering vacancy and making it difficult for corporate housing providers to get units with acceptable rental terms.”

The US corporate housing occupancy fell slightly in 2013 as average rate increased in line with rate gains for the overall hotel industry. Overall, rate growth almost offset the declines in unit numbers and occupancy. US corporate housing room revenues were $2.48 billion in 2013, less than a 0.5% decrease from 2012.

“This is a critical report for corporate housing providers and related industries. It allows companies to make informed decisions based on real data and be more successful,” says CHPA CEO, Mary Ann Passi, CAE. “The data provides a concise reference document for boards, investors, banking officials and others to validate the industry.”

For the third successive year, relocation was the largest reason for using corporate housing in the US and the second highest reason in Canada. Technology and professional services are the largest generators of corporate housing demand by industry. The biggest difference between demand generators in 2013 and 2012 was the decrease in government/military usage which has been significantly impacted by travel cutbacks.

Overall, the corporate housing industry remains stable. Highlights include:

US corporate housing revenues were $2.48 billion in 2013, down slightly from 2012’s $2.49 billion.

Per survey respondents, US corporate housing inventory is estimated at over 56,000 rental units, with the Canadian market at approximately 7,600 rental units.

Occupancy in the United States was down slightly to 88.1%, while Canadian providers saw occupancy decline to 81.7%.

Relocation continues to be the main reason for client stays in the United States, with project/training the major reason Canadian clients stay in units. Relocation is a close second in Canada.

Average Daily Rate increased approximately $5 in the US and decreased almost $8 in Canada.

Posted on May 14, 2014 to www.chpaonline.org by Amanda Cook

PCH Team Members Earn 100 Continuing Education Credits in 2014

Thursday, June 5th, 2014

Education OpportunityPreferred Corporate Housing was one of only three temporary housing providers who exhibited its national furnished lodging services at last month’s Worldwide Employee Relocation Council – National Relocation Conference, and in addition to exhibiting, PCH team members participated in the highly regarded educational sessions presented by some of the relocation industry’s foremost experts. Education session topics included data protection best practices, talent management integration, flexible approaches to traditional relocation programs, women in leadership and an industry all-stars executive panel. At the close of this event, PCH reached its goal of earning 100 continuing education credits as a team during the 2014 fiscal year. “We set an education target last year as a way to quantify and measure our team’s engagement and investment in their personal success with PCH and their overall professional development,” said Jon Lanclos, CRP, CCHP – Founder of Preferred Corporate Housing. “We did not anticipate how quickly we would reach the goal.”

“Preferred Corporate Housing has always placed an emphasis on employee certifications/designations and the continuing education requirements needed to maintain them,” said Megan Margetusakis, CCHP – Director of Operations for PCH. “Any opportunities that allow our team members to grow professionally or to increase their knowledge-base of a particular industry ultimately improves the services we provide for our clients,” said Margetusakis.

PCH participates in education opportunities throughout various industries including project management, human resources/talent management, relocation and corporate housing. Several team members hold individual designations throughout these industries including Certified Relocation Professional (CRP) and Certified Corporate Housing Professional (CCHP). PCH’s participation and support of organizations like the Worldwide ERC provide its team members invaluable opportunities for connecting with existing clients, and most importantly, education opportunities that help expand expertise in the global mobility space. “We find tremendous value in learning from our clients, peers and fellow service providers,” said Samantha Elliott, CRP, CCHP – President of Preferred Corporate Housing. “Its not enough to just attend and sell our services at events like this. We invest the time and resources in attending each session to continuously increase our knowledge of what matters most to our clients,” said Elliott.

Preferred Corporate Housing Director wins Tower of Excellence Award at Corporate Housing Provider’s Association Annual Conference

Monday, March 3rd, 2014

Michelle Velasquez, CCHP
Director of Client Services – Preferred Corporate Housing

The Corporate Housing Providers Association (CHPA), the professional trade association exclusively dedicated to supporting corporate housing professionals around the world, held its annual Tower of Excellence Awards luncheon in conjunction with its National Conference in New Orleans last week. The Tower of Excellence Awards recognize success and achievement from within the corporate housing industry, and members from around the world come together to honor their peers and industry leaders.

Preferred Corporate Housing’s Director of Client Services, Michelle Velasquez, CCHP, was honored to receive the Tower of Excellence Award for ‘Volunteer of the Year.’ This award recognizes outstanding members who lend themselves to service and expansion of CHPA and the corporate housing industry, and it acknowledges diligence and service dedication. Velasquez’s active involvement with the National and Regional Conference Planning Committees, Program Task Force and NextGen Task Force led to her win for Volunteer of the Year.

“CHPA is a great organization with such amazing people. It is so easy to get involved, and it is very fulfilling to see the work we all put in result in industry-wide success,” said Velasquez. “I am very honored to win this award, and I am grateful to work for a company like Preferred Corporate Housing that allows me to get involved with organizations like CHPA.”

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.

Tips to Overcome the Mid-Winter Work ‘Blahs’

Monday, February 3rd, 2014

winter work bluesThese tips were taken from a Forbes.com post written by Lisa Quast.

“I’m beginning to wonder if this grey winter weather is ever going to end,” remarked the woman in front of me as we waited in line at the coffee shop. “I just feel so blah. I don’t think I could make it through the work day without coffee,” she added.

Sound familiar? Unfortunately, the feelings that come from a prolonged lack of sun during the winter can get especially terrible, causing many people to lose steam at work. Need a pick-me-up to take you from ho-hum to energized at the office? Try these six simple tips:

Get moving. Let’s face it – most Americans don’t get enough exercise, so skip the elevator and use the stairs, park further away from the office and ask a co-worker to go for a walk during lunch (bundle up first). Get moving to increase energy and creativity.

Seek the sun. Winters mean short days and not a lot of sunlight, which can lead to a lack of vitamin D. It turns out 41.6% of U.S. adults are deficient in vitamin D, which is important in everything from regulating the immune system to keeping the brain functioning well. Talk to your doctor about checking your levels to see if you should add a supplement to your daily routine.

Laugh more. “Although we can’t yet say that a certain number of laughs every day will keep the doctor away, studies show that people who say they laugh a lot also tend to be in good health and generally feel well,” states Madeline Vann, MPH. Go ahead! Laugh with co-workers and share those funny stories before or after meetings (just keep them “G” rated).

Get more zzzs. Feel like napping at 2 p.m. each day? Studies reveal that nearly 20% of Americans get less than six hours of sleep per night. To improve your energy, health and immune system, sleep expert Dr. Ranit Mishori recommends seven to nine hours of sleep every night for adults.

Set a challenging goal. University professors Edwin Locke and Gary Latham studied 35 years of goal-setting and task-motivation research and found “that the highest or most difficult goals produced the highest levels of effort and performance.” To get motivated… challenge yourself.

Express gratitude. Being grateful increases happiness and motivation. Take some time each day to write down things that make you thankful. After following this process for a few weeks, people generally “feel better about themselves, have more energy and feel more alert,” says Robert Emmons, a leading gratitude researcher at the University of California at Davis.

2014 – PCH New Year’s Resolutions

Tuesday, January 7th, 2014

Coming off such a successful 2013 year, it would be easy for us to just continue doing exactly what we’ve been doing and probably be okay. But at PCH, we don’t strive for “okay.” We want excellence, we want to be the best! So in order to ensure our success and commit to being ‘Your Permanent Solution for Temporary Housing Nationwide,’ we’ve made a few New Year’s Resolutions as a company to make 2014 even better than 2013.

Resolution #1: Treat our Clients more like guests in our home
We offer our fully furnished apartments as a more home-like alternative to cramped hotel stays. We include all the furnishings, housewares, and services that make up a corporate apartment, but in 2014, we are resolving to do a better job making each guest feel more at home when they arrive. By offering concierge services, customized local area information, and spending more time getting to know each client we hope each person who stays in a PCH apartment feels like our special guest

Resolution #2: Learn more about what our clients want
At PCH, we know that the most important thing you can do to have a mutually beneficial relationship with your clients is to consistently ask them what they want, and how we can be better. Too many companies think they know what their clients need but really don’t know because they never ask them. We resolve to ask more often, and more importantly, LISTEN to their answers.

Resolution #3: Make it easy for clients to offer feedback
Client feedback is the most important resource we have. It lets us know how we are doing on a day-to-day basis. We know that our clients are extremely busy and don’t want to spend too much time completing mindless surveys, so we resolve to make it easy and convenient for our clients to reach out to us with their feedback and suggestions for improvement. We will let them reach out to us when, where and how they want to. We will develop as many ways to open the lines of communication as possible.

Resolution #4: Have fun
If you’ve met us in person or ever worked closely with our team, you know that we love to have fun as a company. We work hard together and we love one another like family! We know that companies, like ours, that enjoy tremendous client loyalty offer their clients something they can’t get anywhere else: FUN! We resolve to provide our clients and guests an unexpected, positive experience; to have fun with them! We will continue to find ways to bring fun and joy into our work, and we will bring our clients along for the ride!

Overall, we resolve to learn from the past 12 months and look forward to the next 12. We will continuously strive to offer the best service at the lowest price, and hope that as we keep our 2014 New Year’s Resolutions you will continue to think of Preferred Corporate Housing as “Your Permanent Solution for Temporary Housing Nationwide!”

Top 5 Places to Ring in the New Year

Monday, December 30th, 2013

Preferred Corporate Housing has some exciting things planned for 2014, so we want to be sure to start this year off with a bang! We’ve put together a list of our favorite places to party on New Year’s Eve, so get out the party hats, champaign and noise-makers and head to one of these top 5 places to welcome 2014 and ring in a new year!

5. Key West, FL – Duval Street:key west If the bone-chilling cold of Times Square’s ball drop has you shivering, you can head south to the famous Sloppy Joe’s Bar to watch a gigantic conch shell work its way down at midnight! There is no place better than Key West to ring the new year in! Duval Street is closed to traffic which allows the tens of thousands of party goers to celebrate and the weather is warm and dry!

4. Las Vegas, NV – The Strip:Vegas NYE Being one of the wildest party places on earth on any given weekend, it only makes sense that Vegas should have a rocking New Year’s Eve celebration as well. The Strip fills with revelers. Fireworks light up the sky. The casinos are body-to-body, the showrooms filled with A-list entertainers and Vegas is more gloriously alive than you’ve ever seen it. New Year’s Eve in Vegas is a world-class celebration.

3. Boston, MA – Downtown:boston This is a celebration for the whole family at Boston’s ‘First Night’ attraction. The event has grown to more than 250 exhibitions and performances by artists from across the globe. Stand with the city as chants of ‘Boston Strong’ resound through the streets! The party starts at 1pm on NYE and lasts till next year!

2. New Orleans, LA – Bourbon Street:bourbon street This popular party spot has earned its reputation from the annual Mardi Gras celebration that takes place here in February. For New Year’s Eve revelers can enjoy drinks and merriment up and down the street all night long. Enjoy live music and great food, then head down to Jackson Square for the official countdown.

1. New York, NY – Times Square:new york This New Year’s Eve location may be a bit cliche, but its so festive that it must be experienced at lease once in a lifetime. From the iconic ball drop at One Times Square to Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest, it is a New Year’s celebration you won’t soon forget. Get there early to claim a spot and dress warm!

No matter where you decide to celebrate the start of 2014, Preferred Corporate Housing wants to remind everyone to be safe and drink responsibly. PCH wishes everyone joyous celebrations and a prosperous New Year!!

Celebrate Veteran’s Day with Preferred Corporate Housing

Monday, November 8th, 2010

Every year, Preferred Corporate Housing tries to find some way to thank our Veteran’s for their service to our country. Veterans make up a large percentage of our clients, so it is extremely important for us to let them know how grateful we are for their sacrifice and dedication. This year, we are inviting veterans who are current guests in any of our fully furnished apartments around the country to call our office at (800) 960-0102 to redeem a small token of thanks from the staff at Preferred Corporate Housing. Please ask for Michelle Velasquez.

We also want to invite everyone out there to take part in a Veteran’s Day celebration as well, so we’ve compiled a list of things you can do to honor our brave service men and women on November 11.

-Attend a Veteran’s Day program/parade in your community. Many communities have organized activities that are sponsored by the local VFW as well as student-led school programs that are often open to the public.

-Take part in a flag-raising ceremony. If your office or apartment building has a flag pole, organize a gathering of co-workers/neighbors to recite the Pledge of Allegiance and sing the National Anthem together.

-Participate in a moment of silence in remembrance of those who have given their lives for their country. Invite your family, coworkers, neighbors, and friends to observe a moment of silence as well. A national moment of silence is usually observed at 11:00am (EST).

-Take your children to visit a Veteran’s hospital, or encourage them to send a letter of thanks to a Veteran.

On November 11th, we hope you will take a few moments out of your day to get involved in a celebration of Veteran’s Day in your area. The servicemen and women who have sacrificed so much for our country deserve our gratitude.