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Book Two People for the Price of One![]() You are supposed to send two of your top executives for a business trip to hopefully close a deal with an offshore business partner. You checked your financial capability and learned that you can only afford to spend for one person. You sat on one corner and think how are you supposed to send the right people to close the biggest deal that you have been working-on for months. On May 2009, HR Magazine said that more and more employees are finding themselves sharing their hotel rooms when they travel for business. Based on surveys, 14% of employees said they share a room with a colleague and overall 24% of business travelers said that they have experienced sharing a room with their colleagues. However, studies said that room sharing can bring-about stress to people. Unfavorable incidents like snoring, bathroom sharing and differences in bedtime schedules can create ill-will and stress. However, the rise of corporate housing can solve this problem. Instead of booking two separate hotel rooms, business travelers can opt to take corporate houses- you could never go wrong with spacious living space, separate bedrooms and bathrooms- hence giving each employee its own personal space. It is with this respect that corporate housing is a perfect alternative in terms of cutting back on expenses without necessarily sacrificing your employee's comfort. For instance, in terms of lodging, companies could pay for as much as $300 per day for an employee to stay in a studio-sized hotel. If you will be sending two employees for a business travel, that could cost more than $9000 a month for one person. Contrasting this cost to corporate housing, you can spend for as low as $3500 at the same length plus enjoying free amenities. Spending on food is another cost that companies have to consider when sending employees abroad. Breakfasts at hotels costs as much as $30 per day, while dinners costs up to $50. These costs when multiplied for a month can also cause a huge chunk on your budget. On the other hand, with corporate housing, full-sized kitchen with dishes, pans, pots and other appliances are provided, hence allowing people to cook their own meals. Everything in hotels are paid, from internet, tips for busboys, room service attendants and the likes. However, corporate houses gives these services for free. Some corporate housing such as Toronto Suites even offer free use of fitness gym, laundry services aside from free high speed internet, use of telephone of voice mail, weekly maid service and cable television. The economic recession should not be an excuse to cut back on things that supposedly can strengthen your companies' competitive advantage in the global market. Finding alternatives such as housing and rental can bring about the same utilities and bring forth expected costs the same as its expensive counterpart. |
| Date added: 2009-05-17 04:49:36 Hits: 24 |



