Accommodation costs for short-term assignments

Accommodation costs for short-term assignments

Short-term international assignments can be challenging to budget for, particularly when deciding on the level of assistance to provide for accommodation. Serviced apartments are becoming an increasingly attractive option for long business trips and assignments lasting less than a year, being generally cheaper than hotels. We've used our latest data to compare serviced apartment costs around the world.

*Long-term rental costs are for a superior-mid level one bedroom apartment. Serviced accommodation costs are for a one bedroom serviced apartment and assume a stay of 30 days.

ECA's Accommodation Reports give you all the detail necessary to provide the right housing options for your long- and short-term assignees. They are available to buy on demand or as part of a data subscription for 300 locations worldwide. An Accommodation Tool is also available which enables you to set and manage a consistent housing policy across all your assignment locations and quickly respond to challenges and queries.

The costs of serviced apartments are also provided in ECA's Short-term Allowance Calculator. This tool also calculates allowances that cover the costs of day-to-day essentials in the host location more cost-effectively than per diems, making them ideal for assignments of up to one year in length.

Our expert team can help you with designing or reviewing your housing and remuneration policies for long- and short-term assignments, please get in touch to speak to one of our experienced consultants.