NEW YORK, March 16, 2016 (GLOBE NEWSWIRE) -- Furnished Quarters, the largest provider of temporary furnished apartments in New York City and Boston, today announced that the company's Global Solutions business unit has achieved revenue growth of 65% year over year for the last three years. Global Solutions has expanded its network beyond the United States to include Europe, South America, Central America, Australia, and Asia. As a result of the expansion, the Global Solutions team has quadrupled to support demand.
"As more clients have asked us to manage their full corporate housing program, we've sought out additional partners," said Ken Brown, Global Solutions Manager at Furnished Quarters. We're incredibly proud of the clients we work with on a global basis, and have hand-selected the best local providers for each market."
Furnished Quarters' global solution program offers a one-stop shop for companies that require global furnished housing. Services provided range from arranging bespoke executive-level accommodations through the company's FQ Select program in New York City, to assisting with group moves to foreign locales.
Client Sheanan Bond, Director of Office Services for Huge, Inc. notes, "As we have grown, we've needed apartments all over the U.S. and internationally. From New York City to Toronto, London, Atlanta, Detroit, Portland, and D.C., Furnished Quarters has had us covered."
The company has recently experienced large-scale growth in bookings to South and Central America—Sao Paulo, Mexico City and Bogota have seen a particular surge in recent months. "Traditionally, it's been a challenge to find quality housing in these locations, and we're doing our best to change this reputation," added Brown. "Our global, on the ground, network works tirelessly to ensure our guests' experiences meet the high standard they've come to expect from Furnished Quarters."
Global Solutions has also boosted domestic bookings for Furnished Quarters, particularly in San Francisco. "Domestically, there is a tremendous amount of business travel going back and forth between San Francisco and New York City," explained Brown. "Both cities are now far and away the most competitive in terms of availability and the priciest markets in the U.S. We have a strong relationship with a California partner that ensures our clients always have access to the best inventory in San Francisco—even when the market is 'sold-out.'"
Furnished Quarters' global solutions program is unique among its competitors based on the strength of the company's core market offerings. Because Furnished Quarters has more apartments in Manhattan and Boston than any other temporary furnished housing provider, it is a win-win for companies based out of those regions—or with significant needs in them—to utilize Furnished Quarters as a one-stop shop.
"When a client agrees to book all of their housing with Furnished Quarters, they receive our commitment that we'll never say no," said Brown. "This ensures that even during peak season, we will have an apartment available for them. Other smaller providers cannot make such promises."
About Furnished Quarters
Furnished Quarters is an independently owned and operated provider of stylishly designed and fully equipped temporary furnished apartment rentals, both nationally and globally, and the largest provider of temporary furnished housing in New York City and Boston. Furnished Quarters also provides a diverse portfolio of temporary furnished apartments in Cambridge, New Jersey, White Plains, and Connecticut. The company has recently opened Q &A Residential Hotel in Lower Manhattan, providing 1 to 29-night stays in apartments inclusive of hotel amenities. Established in 1998, Furnished Quarters offers one-call access to over 40,000 furnished short-term apartments worldwide. For more information visit furnishedquarters.com.
A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=39453
CONTACT: Robin Spindel Robin.Spindel@furnishedquarters.com 212-367-9400, ext. 4333
Source:Furnished Quarters, LLC