subject: Why Corporate Housing [print this page] What is corporate housing? It means that you get apartments that are furnished. Most of the time corporate housing is for a temporary or short term stay, but then corporate housing rentals can also be extended to a longer stay. Corporate Housing is an idea that started in the United States. The idea was a big hit for those who traveled for business. Corporate housing rentals saved money in comparison to a hotel stay. Corporate housing rentals are ideal for those who travel for business that have extended stay, let's say for a month of training, but when it comes to finding apartment rentals the business trip is way too short term stay for getting any permanent housing. Corporate housing is for that in-between business stay that is too extended of a stay for a hotel stay, but too short term for permanent housing. Now, corporate housing is a well-recognized part of the hospitality-industry all over the world.
Corporate Housing with its furnished apartments offer the flexibility and economical savings that the hotel stay cannot provide. The hotel industry definitely has it's benefits and advantages, especially for vacations and short term business trips. In the hospitality-industry corporate housing has created it's own little niche. The benefits of a hotel stay is the you get the restaurant and bar, pools, hotel exercise room and all the other varieties of hotel facilities and benefits. Of course the hotel stay is ideal for the very short term trip. Corporate Housing is in its own category for more extended stay and money value.
There are some chains of corporate housing that have furnished apartments that are even a step above the well furnished five-star hotels. However, most of the corporate housing apartments out there don't have all the frills and extensive furnished rooms, but have all the practical things you need to make your stay comfortable and a lower cost. Today, a lot of corporate housing apartments are looking more like the hotel industry with the reception room, etc. But, the flexibility of corporate housing and short term/extended stay concepts are still the same. Corporate housing is usually used as a short term stay, but more a more extended stay can always be arranged at a very economical cost.
The purpose of corporate housing is to have a home-away-from-home feeling. Living in corporate housing would be more ideal when traveling on business for short term/extended stay with family and children or business groups as well. The furnished apartments of corporate housing are much like the facilities you have at home where you have a fully furnished kitchen which makes it easier to eat more healthy instead of eating out and snacking at vending machines during business travels.
Corporate housing is furnished with laundry appliances so that you can wash your clothes instead of worrying about finding a laundromat. Just think of all the things you have at home in your furnished living and corporate housing will have apartments furnished as temporary housing with all your practical needs. That's more of the niche that corporate housing has in the hospitality-industry, the practicality of furnished apartments and the lower cost.
