What is Corporate Housing?
Defined as a furnished apartment, condominium or house made for rent on a temporary basis, sometimes for 30 days or more, corporate housing is more than four walls. If occupancy is longer than 30 days, the transient occupancy tax is not applicable, so guests save an additional 10% or more in taxes in addition to providing more living space and options than a hotel suite.
Because guests are on the move, it is both a product – an apartment/house/condo – and a service, and contracts are typically tailored to the customer’s specific needs, including furniture, maid service options, full kitchen, private baths , linens, housewares, electronics, and utilities.
Simply put: Corporate Housing is everything you require to live comfortably away from your permanent home.
The best part? You work with a committed and experienced professional to handle all the details.
Many Names, Many Uses
Serving All Industries
- healthcare, i. e. Visiting Nurses
- information technology
- financial, and many others
The industry is known by a number of different terms such as:
- corporate housing
- furnished apartments
- temporary housing
- serviced apartments
- executive suites
- executive rentals
Corporate Housing- A Professional Perspective
CHPA professionals explain what corporate housing means to them and their clients.
More Than Just A Room
Typically substantially larger than a standard hotel room or extended-stay lodging option, the extra space is important when serving as the primary residence during a relocation. Easily accommodating a family, each individual can still have their own space.
Accommodations are available near all of the amenities needed, including close proximity to attractions or urban areas. We specialize in coastal metropolitan areas, providing corporate housing near retail shopping, hospitals and medical facilities, dining and nightlife and chic urban locales, generally in or near upscale areas that offer a better value than comparable hotels.
In addition to the physical conveniences of temporary living, clients can continue healthy eating habits just like at home, or address any special dietary needs. Fully-equipped kitchens allow clients to cook their own meals, make coffee or a favorite snack “at home” instead of at an expensive hotel lobby restaurant. Eating in the comfort of a serviced well appointed condominium allows clients to conveniently eat on their own schedule which saves valuable time and effort and significantly reduces expenses while travelling.
Another benefit of corporate housing is leaving their items behind while they travel for work or return home on weekends, knowing their items are secure in a residential community. This peace of mind supports productivity. If traveling with a vehicle, corporate housing has secured parking areas and additional storage available. If not, the provider can access car services for transportation.
Providers often partner together to meet client expectations. Working with local professional providers achieves the desired outcome when tailoring a short term rental agreement that provides all of the amenities client needs. This online collaboration in the cloud ensures the client experiences a seamless transition to their temporary lodging with a single point of contact for convenience.
Our typical corporate housing unit is:
- A fully furnished and equipped studio, one, two or three bedroom condominium.
- A professionally managed and maintained property zoned for residential living.
- Located in a convenient location in and around major coastal metropolitan areas.
- Double the square footage of hotel rooms and suite hotels.
- A more cost effective housing alternative for travellers needing long term stays.
No matter how large or small your budget is, we can offer corporate travelers everything from gated, furnished six bedroom mansions on the beach to budget studio apartments in both the beach areas and other highly rated neighborhoods.
We also offer both beachfront and downtown high rise temporary living options in vacation rentals and corporate apartments.