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*Corporate Housing\n*Understanding Corporate Housing\n*Corporate Housing vs. Furnished Housing\n*Corporate Housing Vs. Hotels\n*The Benefits of Corporate Housing\n*Corporate Housing Rentals\n*Corporate Housing – What’s Included?\n*Corporate Housing Property Trends\n*Corporate Housing Costs\n*The Mystery of Fully Furnished, Temporary Corporate Housing\n*Suitable Professions for Corporate Housing\n
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CORPORATE HOUSING PROVIDER
Corporate housing is a fully furnished and serviced housing option that is
available to be rented on a temporary basis. Corporate housing can also be
referred to as a short-term housing, temporary housing, serviced apartments,
executive apartments, or corporate apartments. The average time of stay at a
corporate housing can range between two to three months. Thus, making it
longer than an average business trip. Some housing may even have minimum
stay limits, such as fourteen days or thirty days.
Corporate housing can generally be found in condominiums or apartments.
However, you might even be able to find some single-family detached homes
depending on the city and area that you look in. Corporate housing does include
some amenities, but they all depend on each provider.
Traditionally, only corporate employees and business travelers used corporate
housing and they still use it. However, the number of industries that use
corporate housing has grown over the last decade or so.
The most common corporate house client industries include:
Technology (e.g. contracted programmers)
Construction and manufacturing (e.g. project managers)
Professional services (e.g. consultants)
Entertainment (e.g. film crews and stage performers)
Banking and finance (e.g. auditors)
Military and government (e.g. reassigned service members)
Energy (e.g. oil and gas workers)
Healthcare (e.g. medical researchers and travel nurses)
In most cases, corporate housing includes:
Customized & personalized units
Pet friendly living locations
Fully furnished living areas. Including: an all-inclusive kitchen, dining area,
bathroom, and living area necessities.
All utilities. Including: gas, electricity, cable TV, internet service (wireless), sewer,
trash, water, and recycling.
All necessary permits & fees.
Washer and dryer (most units)
A furnished property can simply be any type of property that us up for rent
that also includes furniture. It can be furnished with long term renters or
vacationers in mind. The home owner can also partially furnish it or fully
furnish it, depending on who they are trying to rent the property to. There is
not any industry standard or acceptable rules that qualify a furnished rental.
A furnished property can simply be a property for rent for a year, month,
week or even just a night.
A corporate housing on the other hand is quite different. These properties
are furnished with a corporate employee or user in mind. Hence, there are
strict and specific standards that must meet corporate housing industry
standards, including the level of service and the quality of the furnishings.
Each stay is based on cost and
preference. Booked by experts.
Each stay is based on room
availability. Booked by travel
agents. Location based on
what is available.
Welcome package with
information, instructions. Given
a welcome call.
Self-guided based on flyers in
the hotel or in the room.
No wait. Get the key and you
Wait at the lobby desk.
Standard check in with a key.
Fully furnished kitchen, living
room, bedroom, and bathroom.
Spacious. (4 times larger than a
hotel room). Extra amenities.
Quiet and private.
Bed and bathroom. TV, fridge,
coffee maker, nice view (these
are not guaranteed). Can be
Large gym with the option of
taking classes. Biking trails,
sports courts. Comfortable
sleep. Masseuse. Pool/spa
areas. Lots of restaurant and
healthy eating options.
Small gym, shared with many
people. Possibility of a pool.
May be 1 restaurant in the hotel.
Game-rooms. TV’s. Fire pits and
grills. Bike and sports rentals.
Lounges and decks. Bars.
Parks. Pet areas.
Pool. Standard TV. Possible bar.
The longer the stay, the
The longer the stay, the more
Length of Stay
For longer periods of stay. This
is recommended for a stay that
is 14 plus days.
For a shorter period of stay. This
is recommended for a stay that
is max a week long.
Can submit feedback to
corporate housing. Follow up on
Can write an online hotel review.
Corporate housing is much more cost-effective than paying for a hotel room. This is a great
way for companies or people to save money when on a business trip or for leisure purposes. If
you are going on a trip that is more than 14 days, a corporate house is much better suited for
your stay over a hotel. For corporate housing the longer the stay, the cheaper it is.
Corporate housing will make an employee or persons trip much more comfortable. Corporate
housing rentals are usually fully furnished, providing people with a furnished kitchen, bathroom,
bedroom, and living area. They are often 3-4 times larger than a hotel room, which makes the
living area much more spacious and comfortable. In addition to being comfortable, there is
always the option of customizing a corporate house to suit your needs. You have many options
of choosing a one, two, or three bedroom house, having a washer or dryer, having pet friendly
Corporate housing can also provide many health benefits. First off, corporate housing provides
tenants with a fully furnished kitchen. This gives tenants the ability to cook their own meals in
their living area.
This saves them from having to go out to restaurants or eat fast food every day. Secondly,
corporate housing accommodations often provide tenants with a full-service gym, hiking trails,
bike rentals, and many other sporting activities. So during their stay, they have the resources to
keep active. Lastly, a good sleep aids in a healthy lifestyle. Corporate housing offers the best in
terms of sleeping accommodations. They offer top of the line linens to offer tenants a good
night’s rest. This will also benefit employers in productivity from their employees.
Corporate housing accommodations are often located in the heart of many popular cities. This
is very beneficial to people as it makes their commute to wherever they have to go, a lot easier.
This saves them the hassle of leaving early to get places on time and also makes for cheaper
Corporate housing offers people privacy and a quiet living accommodation. Rather than
sharing a floor or building with someone, corporate housing is usually offered on their own.
This can be great as it is definitely quieter and you don’t have to worry about the neighbors or
people in the room next door keeping you up all night.
Corporate employees that are traveling for work, and also, intend to stay a longer than
average length of time, will often take up the use of corporate housing units. These units are
designed so that they are more comfortable to the corporate user than a traditional hotel. On
top of that, these employees then do not have to worry about renting out a certain period for
a possible unknown amount of time.
However, though these corporate housing units started off as being solely for corporate
employees and business executives – they have long passed moved away from that. These
units are generally fully equipped with the top-level quality appliances and furnishings.
However, these units also offer more room and privacy than a traditional hotel. These
corporate housing properties are placed in central locations with easy access and distance
to the main town centers and convenience stores. These units are more often than not
placed in upscale apartment buildings where your neighbors might also be fellow
employees or other traveling executives.
These apartments are great for travelers or those that are relocating as they offer an option
for them if they are moving to a completely new city or country. These fully furnished
apartments can provide them with the extra buffer that can aid in resolving some tension.
Some of these housing units might even come with a cleaning service that can take care of
beds and cleaning while you are at work or out and about running errands.
•Phone / answering machine
•LCD TV & TV stand
•Queen or king size beds
•Bath and/or shower
•Gas/ water/ internet/ satellite/ electricity
•Community amenities (gym, spa, hiking trails,
restaurants, bar, decks, trails, sports rentals,
Today’s working generation understands the work-life balance. So, they research more and
more to find homes that will support his or her lifestyle without any major inconveniences.
While they research, some prospective homeowners might require housing support. This is
where corporate housing properties come in handy. These locations offer excellent service
and lifestyles with the perfect blend of hotel life and home life.
Residents are looking for relaxing yet fun activities to support their lifestyle. These can
include art galleries, museums, fitness centers, shopping, notable restaurants, bike paths,
beaches, trails, and parks. The best part is that most of these corporate housing units are
placed in a central location that have the most to offer their residents in that particular area.
As to the following strict corporate housing standards, users will have the utmost comfort
while they stay at these properties.
Most times corporate housing is only seen as units that are for the use of corporate
employees or business executives, but that is rapidly changing. Individuals from a variety of
different professions are choosing corporate housing, simply because of the benefits that it
offers them. Aside from the typical business executives, these professions can include
traveling nurses, entertainers, students, and homeowners who are looking for a place to
stay for such things as renovations or relocations. However, even with this changing market,
corporate housing across the nation has remained intact with their standards.
Corporate housing in the United States costs an average of $150 dollars a day,
as stated by the Corporate Housing Providers Association. This price can
fluctuate based on duration of stay, size, extra amenities, and location. There are
many corporate housing choices available to meet anyone’s budget. The
average cost for corporate housing ranges between $70-$200 per night. For
larger cities and tourist attractions such as New York, San Francisco, and
Chicago, you can expect to pay on the higher end of the pay scale. For smaller,
less popular cities such as Nashville, Salt Lake City, and Tulsa, you can expect to
pay a price on the lower end of the pay scale.
Corporate housing costs are sometimes taken care of by businesses or
insurance companies, depending on your reason for stay. For executives,
employees, or interns that travel for work meetings, conventions, or to complete
jobs, business employers often pay for corporate housing. When
accommodations are needed for homeowners who have been affected by natural
disaster events to their home, insurance companies may also take care of the
TEMPORARY CORPORATE HOUSING
'Corporate Housing' is the term that is currently used for short or long term, all-
utilities-included, fully furnished apartment rentals. And in the past, that is who it
was exclusively for: corporations that needed temporary housing in a city like St.
Louis. But now, corporate housing covers a wide variety of clients. These include:
People who are buying or selling a home
Family members who visit for extended periods
Separate or divorcing couples
along with our typical residents, who include:
People relocating to St. Louis for a new position
Business travelers in town for temporary assignments
Construction workers, temporary workers
Health Care workers on temporary assignments
or anyone who needs the convenience of walking into a fully-furnished, all-inclusive,
temporary apartment, with only one bill to pay each month.
Though corporate housing started off as a housing option for employees of corporations, it
grew to include students, vacationers, and those individuals who required short-term
housing. Most corporate housing units can have higher fees than expected, but they include
amenities such as cleaning services, parking, and easy commute.
Many corporations have chosen to take advantage of this great service. These fully
furnished apartments end up being more manageable for those individuals that need to
travel nationwide. These professionals can be from a range of professions, including
corporate/business employees, government officials, entertainers, nurses, students, and
homeowners who need temporary housing.
When thinking of corporate housing, entertainers aren’t the first professionals that might
come in mind. However, entertainers, including theater acts, musicians, and standup
comedians, often perform at multiple shows in one city throughout the course of a week. For
the lesser known entertainers, a corporate housing can provide a cheaper alternative than a
traditional hotel. On top of that, corporate housing is generally more able to accommodate a
larger group than a hotel might be able to.
Aside from those, nurses and students are also some of the most popular users of corporate
housing. Nurses can be relocated throughout the country. When those relocations last up to
three months, corporate housing makes it easy to live comfortably in a city without being
feeling pressured to rent a house. It also makes it easier for nurses and students to leave
easily without having to worry about a lease.
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