During times of economic certainty, the primary benefits of hoteling – where remote workers such as telecommuters or consultants temporarily “rent” a workspace in the “brick and mortar” office – is unquestionably its cost-savings potential.

Research indicates that when properly executed, hoteling can reduce the average area of office space, per person, from 250 to 100 square feet.  And when you further crunch the numbers, the enormity of the savings fully reveals itself: companies with 20 employees can reduce their area of office space by 3,000 feet.

For a company leasing office space at $4 per square foot, that’s $12,000 in annual savings.

The beauty of the concept of hoteling is that it’s inherently scalable: its benefits apply to both small and large companies, and the greater the organization size, the greater the cost savings.

Effective hoteling, of course, requires the effective implementation of a hoteling software platform.  Companies need to ensure that all involved parties, including the Operations staff, IT, remote workers, and administrative assistants are dialed in to the deployment.