When looking for accommodations, you must have come across the term ‘corporate housing’. But, do you know exactly what it is? In simple terms, corporate housing refers to temporary lodging that has services, is fully furnished, and is available for short as well as long-term visits. This is why they make the perfect cost-efficient option as compared to hotels.
Who uses corporate housing?
The majority portion of the people who opt for corporate housing is the ones who relocate. This generally describes people who are testing out new neighbourhoods while searching for a new home or while their house is being sold. Through corporate housing, you can test out new neighbourhoods as prospective tenants before you commit to it long-term.
Why should you choose corporate housing?
If you are planning to visit a new town for an extended visit, corporate housing can be the perfect option. Living in a small room in a hotel can make you feel restrictive. While you are staying away from your home for an extended period of time, corporate housing can help you experience the same conveniences, including amenities, homemade meals, laundry, etc. Apart from a fully-equipped kitchen, washer, and dryer, corporate housing also offers:
- Grocery delivery
- Gym access
- Housekeeping services
- Pool access
Most corporate apartments also offer the following amenities at the included price:
- Telephone service
A corporate apartment can be the best of both worlds. There are no additional charges and hidden fees. It allows you to enjoy the ease and luxury of hotels without any hefty costs.
What is the difference between corporate housing and hotel rentals?
When it comes to looking beyond the standard hotels, there is a multitude of options. But, what exactly is the difference between corporate housing and hotel rentals? The most important difference is that, unlike the long-term nature of corporate housing, hotel rentals mostly cater to shorter stays. However, there are more differences to think about:
- Area – The average size of a hotel room is under 400 square feet. There isn’t enough room for stretching out, putting your clothes away, or entertaining a guest. With corporate housings, you can expect double or triple this size.
- Pets – Most hotels don’t allow you to bring your pets. Corporate housing providers are usually more lenient. You might have to pay a security deposit or a pet fee while renting the apartment, which is still lower than what a hotel might charge.
- Kitchens – If you opt for an extended stay hotel, they might provide you with a small kitchenette. However, these usually have limited space and come without all the required kitchen utensils. Corporate housing offers fully stocked kitchens so that you can cook at your own convenience and cut down on food costs.
- Residential setting – Hotels are usually located in a high-traffic area, such as near airports, whereas corporate housing is in a community. This way, you will have a relaxed, home-like environment for your say.
It is important to note that corporate housing isn’t limited to professionals. It has become a popular choice for students, interns, travellers, or individuals who want temporary housing arrangements. With corporate housing, you can minimize the anxiety and stress of planning a long trip while saving a lot of time and money.