Corporate Housing & COVID-19

Charlotte Luck, March 26, 2020

At this current time there is a lot of uncertainty in the world due to the international pandemic caused by COVID-19 – businesses have had to close; travel bans have been imposed and employees are strongly advised to work from home where possible. This is without forgetting the unfortunate ones that have been sadly directly affected by the disease.

Bearing this in mind, I’d like to discuss some positivity within my specialist industry, Corporate Housing. Over the past few weeks, I have seen some fantastic, heart-warming posts on LinkedIn from Corporate Housing/ Serviced Apartment organisations that are reaching out with assistance to anyone stranded due to airport and border closures; offering hugely discounted rates through to helping of the elderly and vulnerable with daily tasks such as supplies and food.

Meanwhile in Asia

As it currently stands, we are now seeing a light at the end of the tunnel with a handful of reports coming from Asia. China has closed its last pop up Coronavirus hospital due to the thankful decline in cases and Apple have now reopened 42 of their stores. The Corporate Housing sector needs to keep moving during these difficult times, to assist some temporary accommodation providers are offering at least 40% off bookings and in some cases a further discount has been offered for medical staff on the frontline.

Some countries in Asia were put under a restricted movement order which meant a social lockdown. However, they recognised that employees still needed to work but faced difficulty being able to get there. Across the public transport system, bans were implemented and the need for the provision for short term temporary housing options became apparent. This has become incredibly useful for workers who usually commute between Singapore and Malaysia.

The Singaporean government reached out to both private and public sectors to assist with a cost-effective short-term housing need – with the Serviced Apartment and hotels sectors both providing accommodation. This in turn keeps the countries working and the economy continuing to grow with their objective to minimise any impact on the delivery of services for their people.

Across the Pacific pond

In the US, the Corporate Housing sector has had to implement measures and adjustments to their daily routine to keep the sector moving. We have just come into the start of spring, which should be one of the busiest times for moving.

One genius solution to the social distancing issue has come with the use of technology. Instead of an agent walking you through the property, the use of Skype and FaceTime is being applied. Virtual Tours are the way forward, a new way to go “window shopping”.

Fingers crossed

We are all trying to remain positive and move forward to protect each other and the economy globally. Due to this significant global disruption it’s important now more than ever that we keep the industry moving to minimise losses further down the line.

Written by Charlotte Luck, Senior Recruitment Consultant - Corporate Housing Services at Alchemy Recruitment Ltd.

Posted in categories: Corporate Housing, Serviced Apartment
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