As a business traveler, you’ve probably been in a situation where you need to be out of town for a few days, maybe even weeks. You’re not going to stay in your own home or apartment because it’s being renovated or something, so where do you go?
If you don’t have family or friends in the area that can host you, your only option is to find a hotel. But hotels are expensive! They cost hundreds of dollars per night, and many of them charge extra fees for parking or pool access.
The good news is that there’s another option: corporate housing! In this post we will discus all about the corporate housing so read on to learn:
What is corporate housing?
Do you ever feel like spending too much time in hotel rooms?
If so, then corporate housing is for you.
Corporate housing is like short-term rentals, such as Airbnb, for professionals looking for more space than a hotel room. It’s also ideal for those who need to live in an area temporarily.
Corporate housing differs from vacation rentals by the amenities and furnishings provided. Furnishings should include typical work needs: desks, monitors, and office supplies. In addition, there should be ample storage space.
The goal is to treat each bedroom as its hotel room—complete with all of the comforts of home!
Who uses corporate housing?
Corporate housing is a great option for professionals who need to stay in your city for an extended duration. Construction teams work on projects and prefer corporate housing over traditional hotels. Their crews work on projects for a set amount of time, usually weeks or months. It can be more affordable for the company to pay for a corporate rental than it would be to pay per night at a hotel. This allows them to place multiple workers together in one property. For the workers, corporate rentals are more comfortable than hotels and apartment complexes.
High-level employees also enjoy corporate housing when they travel. These individuals typically seek higher-end furnishings than what is offered at traditional hotels.
How do corporate rentals work?
Corporate rentals are a great way to get more bang for your buck when you’re traveling.
The first advantage is that it’s easier to coordinate and bill all of your employees if they stay in the same place. If several employees travel together, corporate housing can help them share resources such as kitchen and entertainment areas, which saves everyone time and money on meals and entertainment options.
The second advantage is that landlords give up some control over who stays on their property with corporate rentals. Instead of screening potential tenants, landlords hand over this responsibility to the business itself. Landlords don’t have to worry about concerns like whether or not they’ll be able to pay their rent on time or if they’ll cause damage to their property—they can just focus on making sure the property is clean and ready for its next tenant!
Finally, corporate rentals offer businesses more flexibility than traditional rentals. Because the landlord welcomes so many different people into their properties each month, there’s no need for landlords to worry about whether or not someone will be there during specific dates (you’re all welcome!).
Conclusion
It’s no secret that the business world is expanding, and with it comes more opportunities for people to travel for work. And while this can be exciting, it can also be a little scary—
If you are planning on traveling for work, it’s important to know what kind of corporate housing options are available in your area. Whether you choose a hotel room or an apartment complex depends on your needs and preferences. Before you book any corporate housing, it’s helpful to understand the benefits each option provides to decide which type is best for your situation.
