Everything is negotiable, including rates for corporate housing
Posted on 15. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
I wanted to stop and take a moment this busy holiday season to bring to our Members’ attention a very common occurrence that takes place when valuable prospects visit The Corporate Housing Network.
There are, of course, pluses and minuses to most corporate housing sales situations (i.e. you get the deal, but it wasn’t as profitable [...]
Average Ticket Prices (ATPs) for Corporate Travelers Expected to Inch Up, with Corporate Housing Rates Remaining Steady
Posted on 14. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
More news to consider regarding the cost of corporate travel and corporate housing in the coming year. According to the Egencia’s 2010 Corporate Travel Forecast — average ticket prices (ATPs) for corporate travelers are expected to increase globally, while average daily rates (ADRs) for business travelers are expected to increase only in Europe.
With the focus on [...]
Business Travel Forecast for 2010: How will it Impact Corporate Housing?
Posted on 12. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
If you work for a large organization or corporation, you’ve probably already seen it or will soon. Business travel policies are getting much stricter for some organizations, in fact, according to the Globe and Mail of Canada.
Egencia Canada is reporting that travel managers and clients are sharing with them that stricter travel policies and more [...]
Increased Demand Both Domestically and Internationally Should Benefit Corporate Housing Market
Posted on 11. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
Unless you’ve been living in a bubble, your business has been impacted by global economic conditions over the past couple of years. Here at The Corporate Housing Network, we’ve been hearing our share about how corporate housing, business travel, and all things related will be impacted. I recently shared with Members the results of one revered travel management company’s findings, focusing primarily on [...]
Is your property earning as much as it could? Here are some tips to help you prepare for a future in corporate housing
Posted on 10. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
It’s certainly tempting to think about–listing property that you have available for rent, expecting the viable tenants not to mention the dollars–to come rolling in. But it doesn’t always work that way. Successfully renting any property– let alone preparing it for well-qualified, savvy corporate housing clients–takes a lot of work and planning, not to mention [...]
House or rental property not selling? Why not give corporate housing a try!?!
Posted on 08. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
It’s not an unusual story at all these days. Seems as though everyone who has a home or residential property on the market is having a hard time selling in this economy.
But here’s a potentially profitable suggestion–why not convert that house that just won’t sell right now into corporate housing?
But first be sure of a couple [...]
Corporate Housing Inventory Expected to Drop a Bit More in 2009–What’s Your Plan?
Posted on 04. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
Based on recent studies, corporate housing inventory dropped about 5.7% in 2008, and is expected to drop again this year, too.
But wait, is that good or bad news for active, hungry corporate housing professionals? Could be good news if you’re looking for a competitive edge in this market.
According to Business Travel News, in a study [...]
Could rental property angst present the next corporate housing opportunity?
Posted on 02. Dec, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
While the news could be difficult for many, the next negative wave in the economy does make sense. Commercial property owners, and owners of large scale rental properties are expected to be the next casualties of the foreclosure crisis.
The timing makes sense–high unemployment in the United States has pushed up vacancies, and the decline in [...]
Great Signs from Great Britain that Business Travel is Making a Comeback
Posted on 29. Nov, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
According to the Times of London, one of Great Britain’s largest business travel operators has reported signs of returning confidence among its list of blue-chip corporate clients.
Counting BMW, Credit Suisse and Tesco among its customers, Hogg Robinson said that although it “remained cautious about the economy, some of its clients are being brave and poking their heads above [...]
Economy + European Business Travel Equals Good News for Corporate Housing
Posted on 28. Nov, 2009 by Kat Schneider Fotheringham in Blog, Business Travel, Uncategorized, executive accommodations, international business travel
Great news on the horizon for the global corporate housing community. Signs that the economy is improving and that business is beginning to take a positive turn toward international business travel are popping up everywhere. Supported by results of a global benchmarking survey conducted at the Worldwide ERC® Global Workforce Summit, up to 60 percent of the HR/Mobility [...]
