PCH Wins Partner of the Year Award

On Tuesday, February 4th, the Preferred Corporate Housing team attended Synergy Global Housing’s 2019 Partner Symposium in San Juan, Puerto Rico. This event brought together housing suppliers from all over the world to discuss industry best practices, Synergy’s aggressive growth projections and how Synergy’s supply partners play an integral role in serving its guests to facilitate that growth.

The Symposium wrapped with Synergy recognizing its supply partners of the year, both domestic and international. The executive leadership team at Synergy along with its client-facing counselor team identified the top four suppliers in both the domestic and international markets.Preferred Corporate Housing was proud to be named as a 2019 Domestic Winner of Synergy’s Partner of the Year Award.

“Synergy is an amazing partner,” said Michelle Velasquez, Director of Client Services with PCH. “Our company cultures align perfectly, and this facilitates a partnership that allows PCH to support Synergy’s global clients, provide personalized, top notch service, and continue to create innovative housing solutions.”

Synergy’s 2019 Partner of the Year winners were selected based on the following criteria:

  • Is partner centric
  • Goes above and beyond for clients
  • Provides a personalized guest experience
  • Is responsive to guest’s needs, providing 24-7 support
  • Offers transparent business processes
  • Serves both major and remote markets.

Other Partner of the Year winners include CWS, Suite Home Corporate Housing, Nika Corporate Housing, Clarendon Serviced Apartments, Supercity, Pan Pacific and P.Martinez. Preferred Corporate Housing is proud to be included in the company of these great partners.

Preferred Corporate Housing Adds New Director of Business Development

Preferred Corporate Housing Adds New Director of Business Development

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

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

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

PCH Team Member Joins Houston Relocation Professionals Board of Directors

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

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