The below was contributed by Gemma Vine:
Travel is an important aspect of many successful businesses – and can be one of the most rewarding parts of your working life! However, there are plenty of things which one should think about before packing bags and departing. We’ve got you covered in regards to accommodation with our comfortable and convenient corporate housing, but temporary housing isn’t the only thing you might want to consider. Here are a few tips which might help you plan your next business trip:
Establish Objectives. It’s really important to get clear in your mind the reasons behind your trip and what you want to gain from it. This will help you manage your time more effectively. Doing some research into your objectives will also be of great use when you reach your destination – when you know what you want, you will also have a better idea of who to seek out and meet with when you arrive. You will be able to look at anything you’re researching with a more educated eye. Knowing what you’re doing when you arrive is a great time saver and will also lend you the confidence which comes with prior knowledge.
Cover Your Back. Travel is exciting and provides boundless opportunities for business growth but it can also bring certain risks with it. If you want to make sure that you and your business are prepared for all eventualities, have a look at your business insurance policies before you go. You might find, for example, that your corporate health insurance doesn’t cover you if you fall sick while traveling. Hopefully, of course, you won’t ever need to use these fail safes, but it’s best to be protected just in case. Also, if you’re coming from overseas, it’s a good idea to learn the location of your embassies in the event that you need to avail their services.
Do Your Research. Once you’ve established your objectives, you can further streamline your time and make your trip generally more efficient by researching the people and places you want to meet and/or go. In this age of the internet, it doesn’t take long to do a bit of background research, which will ensure that you’re hitting the ground running, so to speak, when you arrive. Of course, business research is an essential component of any good business, so it’s likely that you already have the requisite skills! Seeking out some expertise from people who know the area and/or the people and places you’ll be visiting also makes for a great research opportunity. The more you know before you go, the more time-efficient your trip will be, leaving you with more time to enjoy yourself! The people you’re meeting are likely to be impressed if you’ve taken the time to learn a bit about them and what they do, which may in turn bring about a favorable result for your trip!
Enjoy Yourself! Business trips don’t need to be all about hard work. In fact, if you’re actively enjoying yourself, you may find that the work is much more productive. People who are relaxed, happy, and not stressed are generally better workers than people who are harried, pressured, and miserable. People who present a happy persona in meetings are also more likely to leave a good impression and come away from the table with their objectives completed. And, of course, the best way to present a happy persona is to actually be happy!
Business travel is a fantastic opportunity to see the world and have some fun, so be sure to let your hair down a little, take in the sights and experiences of the places you’re visiting, and generally have a great time! It will not only be great for you, it’ll be great for the business as well.
Corporate Housing is Not Part of the Shared Economy and CHBO has the Data to Prove it – CHBO Launches 7th Annual CHBO Corporate Housing Real Estate Survey
As smart investors look to diversify their real estate and investment portfolios more property owners are turning to monthly corporate housing rentals as the best way to adhere to real estate rental laws, minimize time needed to manage a property and maximizing rental income opportunities.
DENVER, Nov. 15th, 2015 – Corporate Housing rentals have been an essential lodging solution for more than half a century and should not be inadvertently lumped into the new trends and restrictions of today’s “shared economy” and CHBO has the data to prove it. For the 7th year CHBO is launching the CHBO Corporate Housing Real Estate Survey to document the trends, standards and needs for this monthly furnished lodging solution.
Successful corporate housing property owners and managers have found that investment and management trends reported in the CHBO Corporate Housing Real Estate Report are essential tools for their financial success. Did you know that 2 out of 3 corporate housing landlords say their tenants stayed on average 3 months or longer? CHBO also found that last year 17% of the properties were rented for a year or longer.
The 7th annual CHBO Corporate Housing Real Estate Survey will provide insights into:
- Pricing trends for monthly, furnished corporate housing
- Average security deposit fees charged by corporate housing landlords
- Required length of stays in the monthly corporate housing rental marketplace
- Pet policies for furnished housing
- Predictions and corporate housing landlords sentiments about the future
The survey is broken into 8 main sections: Property Owners – Who, What, Where, Why and When; Outlook and Profitability; Rental Rates; Property Management Trends; Rental Properties; Tenants; Pets and Marketing Trends.
Independent property owners and managers of corporate housing rentals are invited to complete the survey online. Data is being collected through December 15, 2015 and findings will be reported on January 15th, 2016. The 2015 CHBO Corporate Housing Real Estate Report is offered FREE to all survey participants.
“CHBO Members continue to ask for more facts and figures to make them the most profitable corporate housing providers. The CHBO Team continues to hear from our members about how much this information allows them to make the right choices when it comes to investing in, marketing and managing their corporate housing rentals,” says Kimberly Smith, co-founder and CEO of CHBO.
Real estate investing is back and the trends are showing more real estate growth potential. As smart investors look to diversify their real estate and investment portfolios more property owners are turning to monthly corporate housing rentals as the best way to adhere to real estate rental laws, minimize time needed to manage a property and maximizing rental income opportunities.
The results of this survey will be used to develop the 2015 CHBO Corporate Housing Real Estate Report, which will provide corporate housing landlords, real estate professionals, real estate investors and property managers needed data, emerging trends and insights about everything from how to better promote rental properties, to how to improve the way they furnish and market their rental properties. Historically, responses were received from property owners across the United States and around the world.
About CorporateHousingbyOwner.com (CHBO)
CorporateHousingbyOwner.com is the number one marketplace for furnished corporate housing rentals. CHBO was founded in 2006 out of a need to connect private homeowners and real estate investors offering furnished, short-term rentals with corporate housing seekers such as traveling executives, relocated professionals, traveling nurses, actors, athletes and more. Today CHBO servers the larger Corporate Housing – Extended Stay Lodging market. CHBO also offers individual homeowners and investors tools to manage a corporate housing property themselves as well as help them market their property to a mass audience turning to corporate housing to fulfill their housing needs. Please visit www.CorporateHousingbyOwner.com for more information.
New Owners Grow AvenueWest Denver Managed Corporate Housing Franchise; Growth on New Franchisees’ Minds
Since 2001, Angela Healy worked for AvenueWest Corporate Housing in Denver – helping founders, Kimberly and Eric Smith, manage their financials and run the day-to-day operations. Angela was pivotal in helping AvenueWest grow and find success over the years – including early on in the business when the company took a financial hit in the failing economy. Over the years, Angela helped the Smiths create the AvenueWest Managed Corporate Housing Franchise model and even assisted with the on-boarding of the franchisee team in Colorado Springs.
Along the way, Angela learned that Kimberly and Eric’s long-term plans were to eventually franchise the Denver market.
“When I told Tim [my husband] that AvenueWest Denver was available for purchase as a franchise, he said, ‘Have you ever thought of us buying Denver?’ I’d been working in the business for so long that it made sense that I would be the perfect successor,” says Angela. “The best part was that my husband had always wanted to own a business – so it was truly the right fit for us to do together.”
Kimberly says that Angela was a natural fit to take over the business given her experience and deep corporate housing knowledge.
“Between her strong corporate housing background experience and Tim’s impressive business acumen and entrepreneurial desires, Eric and I knew they were the right team to take over the Denver market,” says Kimberly.
AvenueWest Denver Changes Hands
In 2010, the Healys officially purchased the AvenueWest Denver franchise, thus beginning their journey as corporate housing entrepreneurs.
After taking over AvenueWest Denver, the Healys became iron-focused on their mission: To match those seeking corporate housing in Denver with those offering furnished, short-term rental properties.
“We are lucky to live in Denver as we get to cater to a variety of people in need of corporate housing, from business professionals and traveling consultants to relocating employees, traveling healthcare professionals, on-assignment military personnel, traveling theater companies and more,” says Tim.
The State of Denver’s Corporate Housing Market
Angela and Tim add that Denver is traditionally a high-demand market for corporate housing, and they don’t see that changing anytime soon.
“While we are currently seeing a lot of clients sell their properties because it’s a hot seller’s market, at the same time we are adding new clients who are looking for a competitive advantage when it comes to managing and marketing their unique furnished properties available for rent,” says Angela.
One of the ways Angela and Tim say they maintain steady inventory throughout market fluctuations is by offering great customer service, competitive pricing, unique properties, and win-win partnerships with those who own properties in desirable locations.
“We manage about 30 properties in The Spire (891 14th St. Denver), an upscale condo community in downtown Denver that offers panoramic views of the city and resort-style amenities. We are able to offer these properties to discerning individuals and groups who want to experience Denver’s culture and vibrant downtown scene while traveling to the Mile High City,” says Tim.
Steep Learning Curve
While Tim had little corporate housing experience when he took over AvenueWest Denver in 2011, he says he has since undergone a steep learning curve.
“At first corporate housing was like speaking a foreign language,” he says, “But today it feels like a natural progression in my career and offers me the flexibility I desire to balance my family-life with my professional-life.”
Above all, Tim says that having AvenueWest as the backdrop of their franchise gives them the name recognition and instant trust in the industry.
“Partnering with an award-winning, well-respected name in corporate housing not only brings us high quality referrals, but also helps us solidify relationships with new prospects who have come to know and trust the AvenueWest brand for more than a decade,” says Tim.
Whatever the reason for coming to Phoenix this fall, AvenueWest Phoenix has beautiful, exclusive properties that will meet your furnished temporary housing needs. Check out their most recent addition:
This 1BD/1.5BA single story family home offers 1,400 square feet, a 2 car garage plus 2 additional covered parking spots, access to the adjacent horse facility, upscale finishes, and a washer/dryer.
Contact AvenueWest Phoenix for more information and to book this fabulous property: 602.753.2412 or Phoenix@avenuewest.com.
**Additional terms and conditions for AvenueWest Phoenix properties:
All properties require a one-time $250 non-refundable cleaning fee. If pets are permitted, a one-time, non-refundable pet fee of $300/per pet is required. In lieu of a refundable security deposit, we offer an Accidental Rental Damage Insurance for $69 every 90 days which covers renters up to $3,000 worth of damages for every 90 days in the unit. Otherwise, a refundable security deposit equal to one month rent is required. Rental tax does apply in all of our units – Scottsdale is 1.65% and Phoenix is 2%. Minimum lease term of 30 days required. All housewares, linens, towels, expanded basic cable (Premium channels can be made available for an additional cost), high speed wireless internet, water, sewage, and electric/gas (capped) are included in the monthly rental rate. We offer additional services, like maid service, for an additional fee. Full, non-refundable 30-day monthly rent payable in advance of move in. Non-refundable if tenant does not move in, although we will refund if we are able to re-rent the unit.
There are so many fun-filled outdoor activities to do in Cambridge, MA. If you are planning on staying here this year, whether for business or pleasure, make sure to check out all of theses exciting outdoor activities in the nearby area. Here are the best five:
The Freedom Trail
The Freedom Trail, running throughout downtown Boston, is a must-see. Be sure to visit Paul Revere’s House, Boston Common and the Bunker Hill Monument. You will also be taken through some of Boston’s most exciting areas such as Faneuil Hall and Government Center, both featuring tons of local eateries, outdoor parks and great souvenir shopping.
Kayaking on the Charles River
See spectacualar views of the city of Boston while enjoying the beauty of the Charles River. Get a firsthand view of the river by renting a kayak or a canoe. Charles River Kayak & Canoe is located right in Kendal Square.
Harvard Square is a bustling intersection filled with great restaurants, shopping, and outdoor eating areas. Plus, Harvard University is one of the oldest and most prestigious universities in the world. The university has acres of beautiful grounds and rows of historic buildings and museums including the Harvard Museum of Natural History and the Harvard Art Museum.
The Esplanade is one of Boston’s most famous parks featuring stunning views of the Charles River and the city as a whole. Pack a lunch and you’ll have the ultimate summer afternoon enjoying the great views and wonders of Esplanade Park.
The Minutemen Bikeway
Starting in Bedford, MA and running all the way down to Cambridge, the Minutemen Bikeway features endless discoveries. This historic landmark takes you on a tour of where the American Revolution began. Visitors can rent a bike in multiple places along the trail using Hubway, a cheap service that rents out bikes all over the city.
If adventure is your thing, you can definitely get out for some great exercise, dine on some great local food, or casually take in the sights. There are so many great things to do here in the “City of Squares.” So get out and enjoy the sites!
This article has been provided courtesy of CorporateStay. They offers short term or long term furnished apartments and rentals throughout the Metro Boston area, including Cambridge, Harvard Square, Davis Square, Porter Square, Kendall Square and more! If you are staying for business, school, or pleasure, CorporateStay has exactly what you need to stay comfortably.
DENVER, Aug. 4, 2015 – AvenueWest Corporate Housing, a trusted name in Denver’s corporate housing market for almost 15 years, today announces that demand for corporate housing in Denver remains high despite the hot seller’s market.
“While we are currently seeing a lot of clients sell their properties to take advantage of the seller’s market, we also are seeing high demand for corporate housing,” says Angela Healy, co-owner of AvenueWest Corporate Housing in Denver. “I believe a real opportunity exists for individual homeowners to earn residual income by offering their furnished homes to our high-end corporate housing clientele.”
Tim Healy, who co-owns the AvenueWest Denver franchise with his wife, Angela, adds that demand for corporate housing in Denver remains high because business travelers, traveling healthcare professionals, traveling theater performers and on-assignment military professionals continue to visit and do business in Denver.
“Each of these groups of people require short-term furnished housing during their temporary stays in Denver,” says Tim Healy. “Our goal is to continue to add high-quality properties to our roster so we can meet the needs of these discerning visitors.”
The Healys say they remain iron-focused on their mission to match those seeking corporate housing in Denver with those offering furnished, short-term rental properties.
“We manage about 30 properties at the Spire (891 14th St. Denver), an upscale condo community in downtown Denver that offers panoramic views of the city and resort-style amenities. We offer these properties to individuals and groups who want to experience Denver’s culture and vibrant downtown scene during their visits,” adds Tim Healy. “The beauty of owning multiple units in one building is that we are able to house groups of people in one location so they can experience Denver together yet have their own private temporary living quarters.”
AvenueWest Corporate Housing is an award-winning name in corporate housing. For more information, visit www.avenuewestfranchise.com
About AvenueWest Corporate Housing – Denver
AvenueWest Corporate Housing in Denver provides unparalleled service and exclusive furnished corporate housing properties available for rent in the Denver metro area, including LODO, South Denver, the Denver Tech Center (DTC), and Broomfield. Angela and Tim Healy purchased the rights to franchise AvenueWest in Denver from Kimberly and Eric Smith, who continue to own and manage AvenueWest Global Franchise. Visit http://denver.avenuewest.com for more information.
For six years, Meghan Hartman’s career was in flux. The Global Financial Crisis ravaged the real estate industry, and Hartman, a former real estate agent, was looking to reinvent herself. Enter AvenueWest Managed Corporate Housing in 2013, and an opportunity to own a local office in Phoenix, AZ.
Ready to take charge of her career, Hartman jumped on this new business venture, with encouragement from her long-time confidant, Mark Vost, who today helps Hartman run the company’s day-to-day operations.
“As I unraveled the AvenueWest brand, I could see what a great fit it was for Meghan, and how her real estate skill-set would be an asset to her running a business like this,” says Vost.
Today, AvenueWest Corporate Housing in Phoenix is a thriving business that not only provides property management services to owners of furnished homes being offered for rent, but also provides high quality, short-term rental properties to those in need of temporary housing. Hartman says her ideal clients include traveling business executives, visiting medical professionals, and insurance companies in need of furnished homes for their displaced clients.
Hartman says AvenueWest Phoenix has experienced steady growth from the start, enabling her to manage seasonal swings.
“Phoenix’s rental season is busy in the winter and quiet in the summer, which can at times be overwhelming or underwhelming,” says Hartman. “We are committed to working hard year round to forge new relationships that strengthen our business so we can persevere through dramatic seasonal swings.”
Hartman says she created a medical professionals division to cater to the ongoing corporate housing needs of visiting medical professionals to Phoenix. “This has provided us with a steady stream of business no matter the season,” she says.
The backbone of AvenueWest Phoenix though, says Hartman, is the AvenueWest business model and corporate support team.
“We would not be able to do corporate housing without AvenueWest. The brand brings instant recognition and respect, not to mention a great deal of leads. We cannot give enough credit to AvenueWest’s global team and concept,” says Vost.
About AvenueWest Phoenix
AvenueWest Phoenix provides unparalleled service and exclusive furnished corporate housing properties available for rent in Paradise Valley, the Biltmore area, Downtown Phoenix, Midtown Phoenix, Scottsdale, Tempe, the Warehouse District, Central Avenue, Camelback Corridor, and Arcadia. Visit http://phoenix.avenuewest.com for more information or give us a call today – 602.753.2412.
Chicago is a very large city, with a significant population of residents, businesses and rental properties. If you’re in the process of deciding to rent out your property, you must ensure that you comply with the city’s laws and ordinances governing what you (and your tenants) can and cannot do. It’s also important to understand that the rules applying to renters who choose to rent furnished apartments don’t necessarily apply to extended stay properties.
If you’re a residential landlord (you’re renting residential property to tenants), then you’re governed by the Chicago Residential Landlord Tenant Ordinance, or RLTO. This ordinance does not govern the following types of properties and situations:
- Owner-occupied buildings with six or fewer units
- Rooming houses, hotels and motels unless rent is monthly and occupancy is 32 days or more
- Employee quarters
- Dorms and shelters for students
- Nonresidential properties
- Owner-occupied condos
- Owner-occupied co-ops
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Deb Salek, the owner of AvenueWest Northern Colorado, recently had the article “AvenueWest Northern Colorado Offers Turnkey Solutions for Corporate and Transitional Housing” on the Fort Collins Area Chamber of Commerce website:
“With an increased local need for high-quality furnished short-term rentals, AvenueWest Northern Colorado has carved out a niche as a premier provider of full-service corporate and transitional housing in Fort Collins, Loveland, Greeley, Windsor and surrounding communities.
‘AvenueWest offers much more than a hotel stay, but rather a home away from home where you can feel settled and comfortable for your time in the property. We make it as easy as possible for clients. Just bring your suitcase,’ said Deb Salek, AvenueWest Northern Colorado CEO, Broker, and Owner. ‘We provide choices for the traveling professional or relocating individual.’
Todd, as COO and the head of business development, brings his vast experience in sales and customer service to AvenueWest and their clients. Todd, having traveled extensively with his previous career with a Fortune 100 company, fully appreciates the value, convenience and amenities of quality corporate housing.
“Our client companies find that it’s much more convenient to work with one point person to coordinate their business’s short-term furnished housing needs,” said Todd. “They are guaranteed to receive consistent quality and service with every property, and never have to worry about dealing with unknown property owners who may have varying quality standards.”
All AvenueWest properties are move-in ready and feature a full kitchen, fine housewares and furnishings, linens and towels, and other comforts of home. All utilities, phone, cable and internet are already connected when clients move in and are included in one rental payment.
To read the full article, click here. Please visit our website to see all of our beautiful properties located in Fort Collins, Loveland, and Greeley, CO. For more information, contact us directly: 970-797-3099 or via email FortCollins@avenuewest.com.