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I wonder if the hotel is part of a pandemic response plan. Like, if people have to quarantine and social distance, they can now keep 192 critical employees at their campus, sheltering in place...at their job site.
 
One company is rich because they own a hotel, another company builds a hotel just to serve one of their campuses. Rich is relative.


The work/life balance is for your primary place of work. When you travel on the company dime where they pay air fare, hotel, food, transportation and so forth, then a 5 day work week of travel can easily become $2500 in cost. If AAPL has 47,000 employees in the US and 5% are on travel at any given time, then that's $1.2 million/day. Hotels in Austin, TX get booked up fast at different times of the year like SXSW in the spring. A clean 3-star property like a Marriot/Hilton in Austin will run about $200/night.

The hotel at AAPL's Austin campus can be a 3-4 star property costing AAPL less than $100/night with good food choices with Uber/taxi facilities for those who want to go somewhere else for the evening.

A nice middle ground would be an Apple owned Hotel off site that operates just like a normal hotel but with 0 cost for Apple employees, but then the distance would be an issue as the closer you are to the work place the better to get the job done.
 
July 2020 Update:




Apple is adding a 192-room hotel to the campus that it is developing in Austin, Texas, according to revised construction plans shared by Culturemap.

apple-austin-new-campus.jpeg

The hotel will span 75,500 feet and will have six stories, but there's no information on branding. The updated plans were approved in late April, with the hotel as a new addition. The original plans, filed in December 2018, did not include a hotel.

None of Apple's other campuses have hotels on site, but the addition of a hotel will give employees traveling to the Austin campus for training and other purposes a place to stay.

The $1 billion Austin campus will span three million square feet, with two million square feet dedicated to office space. Apple started construction on the campus in November 2019, and is set to finish it up in 2022.

When the campus opens, it will have space for 5,000 employees, but eventually, it will be able to accommodate 15,000 employees.

Article Link: Apple Adding 192-Room Hotel to Upcoming Austin Campus
 
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Apple Austin Campus September 2020 Update




Apple is adding a 192-room hotel to the campus that it is developing in Austin, Texas, according to revised construction plans shared by Culturemap.

apple-austin-new-campus.jpeg

The hotel will span 75,500 feet and will have six stories, but there's no information on branding. The updated plans were approved in late April, with the hotel as a new addition. The original plans, filed in December 2018, did not include a hotel.

None of Apple's other campuses have hotels on site, but the addition of a hotel will give employees traveling to the Austin campus for training and other purposes a place to stay.

The $1 billion Austin campus will span three million square feet, with two million square feet dedicated to office space. Apple started construction on the campus in November 2019, and is set to finish it up in 2022.

When the campus opens, it will have space for 5,000 employees, but eventually, it will be able to accommodate 15,000 employees.

Article Link: Apple Adding 192-Room Hotel to Upcoming Austin Campus
 
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