Office Hoteling can save 30% operational cost to the company

On Monday John worked in New York office and on Tuesday he is in San Francisco for a conference. On Wednesday did work from home as he is traveling to Chicago the next day for a meeting. And he is back to the office in New York on Fri day.

This is everyday scenario can be seen in a business culture. Whether it’s a small company or a large enterprise, up to 78% of people are working at different timings and traveling frequently. Surprisingly, less than 50% of the work-space is used properly. In addition to it, multinational companies’ facilities maintenance costs are increasing at more than 35% growth rate unnecessarily; while many people are working on rotational shifts.        

What is office Hoteling?         

This is the trending practice in the corporate world and getting more popular since a decade. Instead of assigning permanent office space to each employee, providing workspace as needed on the reservation basis is called Office Hotelling or simply Hoteling. 

Why do you need to adopt Office Hoteling?

In the last two decades, the business expanded across the borders exponentially at 400% growth rate. In the 70s or 90s, the employees worked at their assigned workplaces at regular hours. But, in today’s busy world, the employees work and meet virtually from different places at different times; the space in the organization is not utilized fully. And the best solution is office hoteling for every company whether it’s a startup, small business or a large enterprise.

A growing business of 200+ people can Save Half a Million Dollars yearly in operational costs            

You know how?     

In a traditional scenario where the organization is allocating 200 sq. ft. for each employee, who travels outside of office frequently or work from home, costs a massive real estate expenses to the company. When the same space is allocated to multiple employees as and when required basis through the reservation system solution like Pigeon, then obviously space will be optimized and hence utilized more thus saving operational cost.

The effective space management helps to reduce energy use, to increase equipment efficiency and to save millions of dollars with optimized facility use. Yes, in a real-time scenario an MNC of 1800 employees showed a savings of USD 7.8 million dollars in just 2 years. It’s a phenomenal growth rate achieved by hoteling where office space utilization ratio maintained to 1:2 persons per seat. And surprisingly this analysis of the project savings value is actually 200 percent return on investment (ROI).

Top 5 Benefits of Office Hoteling

To work smart in a connected work-space, collaborated with the team every time is made easy by office hoteling. It helps to provide a professional work-space management where everyone is connected and working together.

a.    Greater Mobility

b.   Increased Productivity

c.    Higher Flexibility

d.   Improved Efficiency

e.   Teamwork within proximity

So indoor location technologies and office hoteling software solution enables digital workplace connectivity and collaboration where enhanced agility helps business excellence.