Choosing The Right Type Of Corporate Housing For Your Executives


by Samuell Armstrong - Date: 2007-10-28 - Word Count: 456 Share This!

As more companies engage in trade overseas, it is not unusual for executives to spend a month or more at a remote location. When this occurs, it is usually much more cost efficient to work out some type of corporate housing arrangement. Generally less expensive than daily or weekly hotel rates, corporate housing provides a sense of being in home away from home. When proper consideration has been given to the housing, even the most particular executive will be comfortable for the duration of his or her stay. Here are a few suggestions and areas to consider when choosing the right type of corporate housing.

Most corporations have guidelines in place when it comes to travel expenses. Understanding what current company policy allows in the way of providing for corporate housing is an excellent place to begin. Coupling this with the standard of living in the area where the executive will be residing, it is possible to work up a credible idea of how much of a monthly budget expenditure will be acceptable. This can form the foundation for seeking appropriate housing for the visiting executive.

In many cases, the location of the housing is influenced by several other factors. Will the executive have access to a company vehicle during his or her stay? If so, including garage or parking facilities will be important. Perhaps the plan is for the executive to use public transportation. Under these circumstances, selecting corporate housing that is within easy walking distance of the subway or above ground transit stops is something to consider. Proximity to grocers and other types of shops would also be something to think about, if public transportation is to be the primary means of getting around town.

Providing for furnishings is another aspect of planning appropriate corporate housing. In some cases, apartments and houses that are rented out as corporate housing come furnished. However, there are normally unfurnished options as well. The company can choose to purchase furniture if the housing is going to be maintained over an extended period, or arrange to rent the furniture for the duration of the executive's stay. In most cases, renting furniture will be much more expensive than going with furnished corporate accommodations for periods of up to two years.

By planning a workable budget, determining the location, and making sure the facilities are adequate for the needs of the executive, it is possible to secure corporate housing that will work very well for as long as needed.

To summarise, the key considerations for corporate housing are:

1. Read your Corporate Housing Policy
2. Check your Budget per week
3. Check the Special Requirements
4. Choose a Central Location with amenities
5. Consider Safety and Serenity

Your executives are sure to enjoy the comfort of corporate housing when compared to alternative corporate accommodation.

Related Tags: holiday, vacation, vacation rentals, executive, holiday accommodation, corporate accommodation, housing accommodation

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