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Four Tips to Minimize Temporary Housing Costs

  • By Sarah Soenke
  • April 25, 2017
  • Business TravelCorporate HousingTips & HacksTravelers Haven
Four Tips to Minimize Temporary Housing Costs

When you work with Travelers Haven, we already know you’re committed to lowering business travel costs without sacrificing quality. But there are additional ways to further minimize costs within your control. Here are some of our tried and tested tips to reign in temporary housing and business travel costs.

Use temporary housing instead of hotels

This is the most obvious way to save money on longer stays. On average, a corporate temporary rental will be up to 50% cheaper than a comparable hotel room for stays more than 30 days. Not only does it keep costs down, a short-term rental also offers more space, more freedom and all the benefits of home. There is usually more flexibility in choosing location and property size, too.

We know how quickly even the largest hotel room can feel small!

Pick regional airports

Flying into a regional airport can often be much more affordable than a major international hub. Tickets can be cheaper, taxes and fees are generally lower, and transport costs to and from your destination will often be lower, too. Regional airports are also usually less busy, easier to navigate and offer higher levels of customer service.

While regional airports may take longer to get to, the time you save while being processed and transported significantly narrows or even eliminates that initial disadvantage.

Choose your location wisely

You can often save extra cash with the exact location of your temporary housing. With a downtown location, the rent may be higher but transport costs may be much lower. This option would also minimize travel time, for daily commutes and free time exploration, as well.

On the flip side, basing yourself outside a metro area can save quite a lot of money in rent in return for higher commute costs. It all depends on the city and how you would like to spend your commute and free time.

Keep your staff together

If you’re housing multiple employees in the same city, consider a townhouse instead of individual apartments to save money. You’ll need to ensure the property has enough private facilities and social areas for everyone to be comfortable.

Your staff could live, eat and travel together, and as long as everyone gets along, this choice could also increase productivity!

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