Fulfilling a duty of care with serviced apartments

If you’re fortunate enough to be employed in a job which incorporates travel, it can add an exciting dimension to your working life. However, if your company is intent on cutting costs, hopes of five-star hotels and Champagne breakfasts can quickly be replaced by a more modest reality.

In our current precarious economic climate, many companies are under even greater financial pressure. With this in mind, a number of blue-chip companies and SMEs are turning to serviced apartments to control costs while still maintaining a duty of care to their employees. Certain business scenarios for which companies are choosing to take advantage of serviced apartments include:

  • Temporary assignments
  • Project work
  • Business trips

Serviced apartments – A guarantee of quality

Whilst companies may want to tighten their budgets, they still have to provide accommodation of an acceptable standard for employees. After all, faulty showers and dingy rooms don’t exactly make staff feel appreciated. While firms may save 15-30% on an average hotel booking by choosing serviced apartments as an alternative, they can be sure that their staff (in the majority of cases) will be guaranteed an excellent level of accommodation.

Building client relationships through serviced apartments

Many serviced apartments and corporate firms are able to enjoy the mutual benefits of bookings. Companies which send their employees to conferences often need to book a number of serviced apartments which puts them in the perfect position to negotiate generous discounts. Very often, if the serviced apartments are of an excellent standard project managers will use the same location time and again. This quickly allows a rapport to be established between the business and booking agent.

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