Relocation during the London 2012 Olympics
Although the London 2012 Olympic Games may seem far off, Relocation Management Company, HCR are encouraging HR teams across the globe to start planning now on how their expats may be impacted. With a whopping 5.3million visitors estimated to descend upon London in July and August, there will be inevitable travel and logistical disruption across the six week duration of the 2012 Olympic and Paralympics Games.
In preparation for the mayhem HCR have compiled a useful guide to aid HR teams in managing the expectations of their expats. Topics covered in the guide include temporary accommodation, HHG shipments, Visa/immigration and the rental market.
Below is a selection of the some of the Key points raised by HCR:
- A number of associated media ranging from security to TV companies will be looking to obtain properties from as early as September this year, which will lead to a shortage of properties and increased rent from as early as October/November. Rents will be higher and property will disappear from the market far quicker than usual.
- Transport problems remain “one of the biggest risks” to the 2012 Olympic Games according to a London Assembly report (April 2011). The city’s transport network is already running at near-full capacity. With more than a million extra journeys expected across the busiest nine days, ensure assignees are prepared for delays by pre-warning them of the increased traffic in and around London at that time.
- Advance planning is advised where possible with regards to visas and immigration, due to the increase in visa requests for the games from media and athletics. UK visas should be applied for within three months before the date of travel.
To request a copy of HCR’s guide to relocating people during the London 2012 Olympic games please click here.