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Opportunities offered by corporate housing

Apartment living is often made easier with corporate housing. Housekeeping, concierge services, cable TV, bathroom stocked with essentials (ie shampoo, toothpaste, mouthwash, strategically placed towels, etc.), and an ironing board are some of the things you get. Corporate housing is a rapidly growing market that offers convenience for employees and profitability for businesses. So if you’re on a multi-day or multi-month assignment, living in a hotel may not offer the equivalent convenience and flexibility of corporate in-home services. Opportunities offered by corporate housing include:

accommodation options

Corporate Home Services offers temporary housing in apartments, condominiums, townhomes, and single-family homes. They are designed to meet the needs of individuals or employees who need long-term housing as a result of a temporary (but prolonged) relocation due to assignment or disaster. Therefore, if you are going to be away from home for more than 20 days, it is recommended that you consider this opportunity. These temporary housing allow business owners to occasionally bring their families on assignments.

ยท Competitive price

The cost of a fully furnished accommodation is typically 30-50% less than the cost of a hotel room. These facilities are designed to offer a home-like environment, utilities (eg, telephone, electricity, gas, and cable television), and high-tech options such as fax modems, multi-line phones, and printers, at competitive prices. In addition, the potential savings of opting for corporate housing in an apartment are evident. When you live in an apartment, you must cover various charges, including: a move-in deposit, monthly electric bill, electric deposit, monthly rent, monthly phone bill, phone service deposit, monthly furniture rent (if applicable), rent Furniture Deposit (if applicable), Monthly Housekeeping Rent, Housekeeping Deposit, Cable Deposit/Install, and Monthly Cable Fee. Corporate hosting, however, charges businesses a single monthly fee that is based on the package selected.

Stress free move

Employers have found that corporate housing eases the stress associated with relocation or business travel. According to the research results, companies are witnessing increased productivity by reducing the stress levels of employees by providing them with facilities that resemble normal life situations. In addition, commuting to work is reduced and recreational and entertainment opportunities (eg, tennis courts, gyms, and jogging trails) are increased.

Potential market

The corporate housing industry realizes that there is a potential market that extends beyond business travel. There is a growing number of people looking for temporary accommodation for various reasons, including vacations, traveling with children, emergency stays, seasonal travel or temporary accommodation. Temporary housing in these circumstances offers an attractive alternative, especially for families seeking a savings opportunity.

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