Corporate housing is fully furnished short-term rentals that are specifically designed for business travelers and relocating employees. It’s usually a cheaper alternative to hotels and provides more home-like amenities. Contact Team Housing Solutions now!
It’s a great choice for anyone who has to relocate for work. It’s also a profitable option for property owners looking to build their rental portfolio.
When you stay in corporate housing, your home away from home is fully furnished and comes with all the amenities you’d find at your own place. Usually, this means you’ll have a kitchen with full appliances and all the supplies you need to cook your meals. It also means a living room and a bedroom with all your own linens, as well as a washer and dryer for your clothes. Some companies even provide housekeeping services to keep your space clean and fresh.
Corporate housing is the perfect alternative to hotels for people traveling for work, whether it’s a one-night trip or a year-long contract assignment. It also fills the gap between vacation rentals, which are typically rented by the night, and long-term leases, which are often locked in for a year or more.
Unlike hotels, which can feel impersonal and artificial, corporate housing is actual homes—apartments, condos, or single-family houses styled for short-term occupancy. The comfort and familiarity of this kind of accommodation can boost morale and productivity for professionals in new cities or remote locations. It can also be more cost-effective for longer stays than staying in hotels, as it includes utilities and housekeeping services.
In addition, the proximity of corporate housing to business offices and entertainment centers may make it easier for professionals to get around during their downtime. It can also be a good option for those looking to buy a home, but need to bridge the gap between selling their current property and closing on the next one. Finally, it can help displaced families during natural disasters or other crises.
Another advantage of corporate housing is that it’s often located in residential communities, with shared amenities and events. These community events can give you a sense of belonging, and they may also help you meet other residents with similar lifestyles. This is especially important if you’re relocating for a temporary project, or if you’ve recently moved from another city for work purposes. This can help you make friends and connections that could last a lifetime. And if you’re travelling for work, these relationships can help you build your network and advance your career.
It’s More Affordable
Corporate housing is often more affordable than hotels and Airbnbs, especially for longer stays. For example, most companies include entertainment expenses, utility costs, and housekeeping services in the flat rental rate. Corporate housing providers also take care of any maintenance issues. And, best of all, they offer 24/7 customer service to address any needs you may have during your stay.
In addition to these cost savings, corporate housing typically offers more living space than hotel rooms, making it a more comfortable and productive environment. For example, it’s not uncommon to have full kitchens, work-from-home setups, and separate living areas in these homes. This makes it easier for employees to focus on their work and not the stress of a temporary housing situation.
It’s a great option for anyone who is temporarily relocating to a new city for work. This can include executives who travel for business, relocating college students taking summer internships across the country, and military personnel being relocated on extended assignments overseas. Additionally, people can also use corporate housing for shorter stays, such as if they need to stay somewhere else while their home is under renovation or repairs.
Corporate housing is an excellent choice for businesses that are looking to attract and retain top talent by offering attractive benefits packages. By providing comfortable, well-furnished apartments or houses to employees, a company can show that it is invested in its employees’ well-being and work-life balance. In addition, this perk can be used as an incentive to recruit candidates from afar.
Corporate housing is a great option for anyone who is looking for a temporary place to live. It’s more comfortable than a hotel and usually more affordable than an Airbnb, especially for longer stays. The fact that it can be rented for as little as 30 days and is located in prime locations helps to make it even more appealing. In addition to these perks, many corporate housing providers offer 24/7 customer service and other amenities that make the experience as seamless as possible. And, best of all, the rent is all-inclusive, making it a much more cost-effective alternative to traditional rentals.
It’s More Flexible
Corporate housing is an accommodation option that provides space, privacy and a home-like experience for professionals on extended assignments. This type of temporary accommodation is typically rented out on a weekly or monthly basis and includes a full range of amenities such as furniture, kitchenware and laundry facilities. In addition, most corporate rental homes include the cost of utilities and cleaning services in one all-inclusive price. This makes the housing much more affordable than hotels or standard apartment rentals for people traveling for work or who have recently relocated.
There are many reasons why someone might need to stay in temporary housing, including corporate executives who have been transferred to a new city, military personnel on deployment, project teams on a short-term assignment, or individuals who are receiving long-term medical care away from home. With a more personal feel than hotel rooms, corporate housing offers a comfortable and relaxing living experience that can make it easier to adjust to a new location and build a positive work-life balance.
Another distinct advantage of corporate housing is its flexibility. Unlike typical apartment rental agreements, corporate housing lease terms can be as short as 30 days, making it an excellent choice for business travelers, government employees on temporary duty, or people who are displaced due to natural disasters.
Corporate apartments and houses are often located near office locations, allowing residents to reduce their commute time and enjoy a more convenient lifestyle. This can improve overall productivity and increase job satisfaction, particularly for relocating employees who need to find a new way to navigate their new city.
Lastly, many corporate housing providers offer the opportunity to customize the interior of the home to meet the needs of individual tenants. Whether it’s adding a desk to the bedroom or replacing the kitchen appliances, corporate housing allows employees to create a space that feels like home, improving their comfort and wellbeing during an extended stay.
With so many benefits, it’s no wonder why corporate housing is quickly becoming an increasingly popular alternative to traditional rentals and hotels for those on short-term or extended business trips. It’s also an ideal solution for college interns who are working in a new city, people who are in between selling their current home and buying a new one, or anyone who is temporarily relocating.
It’s More Secure
Corporate housing, sometimes referred to as temporary rentals, turnkey rentals, furnished apartments, or month-to-month rental homes, is a fully furnished home, condo, or apartment that relocators can stay in while looking for a new place to live or waiting on their home to be ready. It’s a convenient and affordable alternative to hotel stays for those who are on the move.
The term “corporate housing” is used in a number of ways, and some people are confused about the difference between it and other short-term rentals. While there are some similarities, such as a flexible booking policy and lack of chargeable admin fees, there are some key differences that make corporate housing a safer choice than standard rental properties.
These differences include:
While many people associate corporate housing with business travelers, this type of accommodation can benefit anyone relocating to a new city. It’s a popular option for government employees who are on assignment in town, contractors working on a project, and even families or individuals who have been displaced from their homes due to insurance claims.
Having an alternate, fully-furnished home that’s located close to work and restaurants can help alleviate stress during the relocation process. It can also save money on dining out, which can add up quickly during a time of transition and uncertainty. Having a kitchen to cook meals, living room furniture to relax on, and a washer/dryer in the unit can make the transition more seamless and enjoyable for everyone involved.
Corporate accommodations can also be tailored to accommodate specific needs. For example, some providers offer pet-friendly apartments or disabled access units. By offering a variety of locations and properties, people-first service, and high quality amenities, corporate housing can ensure a comfortable and convenient living experience.
There are several benefits to choosing corporate housing, but the most important one is lifestyle. Relocating to a new location should not be a stressful event, but rather a smooth lifestyle transition. Corporate temporary housing offers a safe and affordable alternative to hotels, while providing all of the day-to-day conveniences that can make the difference between settling in and feeling at home or feeling like a visitor.