Categories: Special ReportLodging

Moving Picture

Finding the right accommodations for your corporate nomads is a puzzle that’s gaining new pieces
Like everything else in travel and business, relocation of corporate employees is being buffeted by unusually strong political, economic and demographic forces. While relocation may not be central to the jobs of many travel managers, it is a significant part of the remit for many. And every travel manager should be aware of these forces affecting where and how their colleagues are moving.

“Relocation is frequently influenced by the economy and political events such as terrorist attacks or natural disasters,” notes Sean Worker, CEO of BridgeStreet, a global provider of corporate housing. “The equation is now being complicated by the potential of a protracted period of political evolution and disruption in the USA and Europe, a phenomenon not seen for decades.”

Ben Harper, commercial director for SACO, a serviced apartment company in the UK, sums it up this way, “In uncertain economic environments the focus on cost within multinational companies is heightened. Historically, relocation and travel are two categories which are often targeted due to the costs.”

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