Going on business trips is something constant for employees to do, especially if clients are located in different states or if the company has branches in other locations.
Often business travelers are required to stay for a while in new cities and it seemed in the old days that racking up high expenses from hotel accommodations was something inevitable.
At least, until the invention of serviced apartments.
Also known as extended stay apartments, these types of corporate housing were specifically designed to accommodate business travelers on a temporary or short-term arrangement.
First introduced in 1997, the need for lodging and the rise of hotel accommodation costs have led companies to opt for corporate housing which offered approximately 25% to 40% savings depending on the location.
Staying in cramped hotel rooms and settling for mediocre service is no longer an option, not when there are serviced apartments that are fully-equipped with the latest in home appliances and tastefully furnished, employees have a home away from home.
Renters are also able to choose anything from a single bedroom to a three-bedroom unit, which means they can also bring their families along for a pleasant vacation as well.
Most employees like this setup and like the cost-efficiency even more.
Also, staying in an ideal environment, one that helps employees relax and unwind, also increases their productivity.
With no worries about not having what they need and having housekeeping services in most cases, employees are able to focus on their work better and therefore, yield better results.
Another great thing about these serviced apartments is their location.
Since most of them are located in the heart of major cities or at least a short distance from them, employees are saved from having to endure long commuting hours, being stuck in traffic and have the convenience of commercial areas being easily accessible, truly cost-efficient in every way possible.
So what exactly do corporate housing costs and how does one go about finding the best one? The cost of these corporate serviced apartments usually varies depending on location, length of stay and the number of bedrooms.
When you go online, you will be able to search for apartments based on location and number of bedrooms.
When you pull up your search results, you can read through the detailed descriptions of each apartment, including what commercial areas are a short distance away, as well as information regarding public transport in case you can't drive.
What's more, clicking on a particular apartment you like shows you details about the apartment's amenities as well as the rent price per week and required minimum stay length.
You will also be able to view testimonials from previous tenants, which are helpful towards making a firm decision or indicate if you need to keep looking.
The best thing is, even if you add up the total cost, it will still be substantially lower than that of hotel accommodations.
Flexibility in terms of payment options is another thing that business travelers find appealing in renting serviced apartments.
You can either opt to pay a monthly fee or have the bills sent directly to your company.
Truly, it aims to help you worry less about the little things and concentrate more on the work ahead.