Corporate housing is a relatively new concept that many corporate individuals are not aware of. They prefer staying in guest houses or other apartments that are not particularly suitable for corporates traveling for work worldwide.
It may seem like there’s no difference between a common apartment and a corporate housing apartment if you’re reading the word ‘corporate housing’ for the first time. But, there are a dozen things that you need to know. You can make a wise decision after having the necessary knowledge.
We are here to tell you everything you should know about corporate housing, like corporate apartment leasing.
How Does Corporate Housing Work?
Corporate housing apartments are comfortable places specially designed for professionals traveling for work. The employers take care of the expenses, including rent and other amenities included in the rent.
These apartments offered to corporates have all the amenities covered for the tenants. The apartments are fully furnished with kitchenware, and the utilities are provided in most cases. You can rent these apartments through brokers or apps.
The duration of the stay can range from 30 days to 90 days. The leasing is flexible, a plus because you can avoid the entire last-minute leasing fiasco.
What would a tenant in a new city want? A furnished house in a good locality. Most corporate housing in Boston lets you change apartments if you’re not happy with your chosen corporate apartment. Also, you have full freedom to select corporate flats based on the location of your choice.
10 Facts About Corporate Apartments
1. Corporate Apartments are Cost Friendly
Corporate housing is cost-friendly, especially for someone who knows how to cook because, unlike hotels where you eat out every day, corporate apartments have all the kitchenware for you to cook your meals.
The apartments you rent are mini homes with all the essentials in place, so you don’t miss home. You can come to your apartment, make lasagne, and watch your favorite movie while lying on the couch. It’s pretty much a vacation vibe.
2. Corporate Apartments Focus on Your Convenience
The process of finding a corporate home only involves a couple of steps. If your destination is Boston, you can look up corporate apartments in Boston and book your apartment online. You can even ask the company to change your apartment if you don’t like the interior.
That’s the kind of flexibility we all love, don’t we?
3. Corporate Apartments Offer Lease Comfort
You won’t be caught up in lengthy corporate house leasing when opting for corporate housing. Corporate housing is a type of short-term rental intended to be less expensive than hostels and is, therefore, better suited for somewhat longer stays.
If your three-bedroom home was fully furnished, you might set the nightly rate at $150. You can charge between 50% and 60% less than comparable local hotels as business housing while providing much more.
4. Corporate Housing Gives Homely Vibes
What do we miss when we are away from home? The feeling of comfort. You get exactly that when you rent a corporate housing department. You will be able to feel at home the second you move into your corporate rental. You won’t have to renovate the place because the place will be ready to live. You can cool your drink in the fridge and crash on the couch whenever you come home.
5. Corporate Housing Pet Policy
Corporate housing is a perfect match for professionals. But, what can put you off is that your rental company may not allow pets in the apartment. Corporate housing has rules, and some laws don’t relate to keeping pets. So people who have dogs or cats should first confirm the rental company’s policy. This will save you from the discomfort of sending your pet back home or giving them to someone’s care.
6. Corporate Housing And Housekeeping
Some corporate housing rentals don’t cover housekeeping. However, some companies do essential cover amenities. You will have to pay extra if you want a cleaning service. If the corporate rental company offers you cleaning services, that’s an additional service, and it’s free as a gift from the rental companies you are aligned with.
7. Corporate Apartments are Perfect for Long-Term Stay
A normal conception regarding corporate rentals is that they are suitable for a short-term stay, but that’s not true. You can use corporate housing anytime, from 3 days to 2 years. You can redefine your leasing time as you proceed. The rents normally go up every year. It can get expensive, but the experience will be enjoyable while you stay.
8. Corporate Housing Follows Community Settings
Most good hotels are in a setting away from the community, so it’s tough for tenants to reach different utilities and touring spots. When moving into a city, you only need the welcoming feeling that a community offers you. You’ll be able to mix in with locals and live the time of your life while working.
9. Corporate Rentals Are Also Good When Relocating
You may think corporate apartments are much like hotels, but they are not. You can rely on corporate housing companies in a new city. You can establish a new home with kitchenware, amenities, and housekeeping services. You can carry on with your family and work life in harmony.
10. Corporate Apartments are Different than Residential Apartments
A corporate traveling outside the city or a country will probably think about their most affordable and convenient accommodation options. This is where you can be confused. You might not know about the difference between a residential apartment and a corporate apartment. We will clarify it for you.
One thing that makes both options differ is that corporate apartments are specifically designed for professionals. The corporate rentals cover everything you may need when traveling on business, while the residential apartments may lack that.
Corporate apartments are the first choice for a professional whether they are going to attend a two-day conference or are relocating. With the house properly furnished, you have to take the minimum luggage with you, which makes moving to another city a breeze. It’s a pretty smooth process; you can focus on major work.