5 Things You Didn’t Know About Corporate Housing

It’s no secret that corporate housing offers many advantages to those traveling for both business and pleasure. However, there are many facts about corporate housing that you may not be aware of.

Learn five new things about corporate housing and see why it’s the best option for employees and vacationers alike.

What Is Corporate Housing?

How does corporate housing work? It’s a good question. Corporate housing refers to fully furnished apartments rented on a temporary basis. Unlike most hotels, these apartments include kitchens with major appliances and cooking utensils. Most corporate housing specializes in stays of at least 30 days, but some properties allow shorter bookings.

Even with their ease and convenience, many people are unfamiliar with some of the most important details about corporate housing. There are five things everyone should know before booking their next trip.

1. Corporate Housing Goes By Many Names

Many industry terms indicate a furnished residence with full-service amenities, primarily for stays of 30 days or more.

Common terms for corporate housing include:

• Corporate apartments
• Furnished apartments
• Temporary furnished apartments
• Short-term furnished apartments
• Serviced apartments (especially in the Uk and Europe)
• Executive suites

If you see any of these terms, expect a similiar service.

2. Corporate Housing Cuts Down on Extra Costs

When comparing pricing options for accommodations, you should consider extra costs incurred at hotels compared to the all-inclusive price of furnished apartments.

Corporate housing includes many amenities as part of the package, while hotels tack on additional charges for services that are considered “extras.” The Corporate Housing Providers Association (CHPA) notes that cost comparisons should evaluate whether the lodging option charges extra for:

• Internet access/WiFi
• Parking
• On-site laundry services
• Housekeeping
• Premium cable
• Use of business center and fitness center
• Use of pool and spa
• Pet Fees

Temporary furnished housing providers don’t generally charge for services like these. Corporate housing will also save guests money on hotel taxes, resulting in savings of 25–50% compared to a typical hotel stay.

3. Furnished Corporate Housing Is For Business or Leisure

The CHPA reports that relocation is the primary reason for corporate housing. However, there are many reasons why both business and pleasure travelers should consider this option.

Furnished corporate housing serves all industries, creating customized rental experiences for professionals. It doesn’t matter what industry you belong to; consulting, finance, entertainment, technology, government, and healthcare workers all feel comfortable in corporate housing. Thanks to high-speed internet and desks in most apartments, business travelers also have the option to stay in and work if they want.

Short-term furnished apartments are a great housing solution for non-business travel, too. These work well for people who are:

• Traveling with family
• Relocating
• Renovating their home
• Staying near medical facilities
• Pursuing educational opportunities
• Living a nomadic lifestyle

4. Corporate Housing Makes it Easy to Maintain a Healthy Lifestyle

Most travel situations involve heavy, expensive meals out, since there is generally no other option. However, furnished apartments come outfitted with full-sized kitchens stocked with appliances, dishes, and everything you need to make your own meals.

In corporate housing, it’s easy to eat on your own schedule while adhering to any dietary concerns. Guests will also enjoy significant cost savings because they won’t have to dine out for every meal.  

Corporate housing also helps guests maintain a healthy lifestyle thanks to other amenities. Many corporate apartments include free access to fitness centers and swimming pools, making exercising much easier while traveling.

5. Corporate Housing Enhances Employee Productivity and Well-Being

Staying in corporate housing can result in many benefits for employees and the company they work for.

• Space and Privacy: Guests enjoy much more space than at a hotel. They can work comfortably from the apartment without any distractions.
• Amenities and Services: Depending on the property, access to fitness centers, pools, DIRECTV, and concierge services help employees live a healthy lifestyle and destress after a workday.
• Work-Life Balance: With distinct working areas, living areas, and even a kitchen, guests can easily keep their work and personal lives separate.
• Community and Networking Opportunities: Guests will have opportunities to meet others staying at the apartment building so they feel involved in the community.
• Reduced Travel Fatigue: Staying in a hotel for extended periods can lead to travel fatigue, while a corporate apartment helps guests feel comfortable in a home-like environment.

These benefits lead to guests feeling more at home and stress-free so they can relax and work at peak efficiency.

Choose Furnished Quarters Corporate Housing

Traveling for business or pleasure isn’t always easy or comfortable. Choose corporate housing to simplify the process and ensure your accommodations fulfill your every need. Work from a desk, cook your favorite meal in the kitchen, or watch a movie on the couch. At a corporate housing apartment, you can live like you would at home.

Our process is simple: we start with a consultation to understand your needs, provide personalized recommendations, handle logistics, offer 24/7 support, and simplify billing.
Book your next trip with Furnished Quarters.