Corporate housing is a type of housing that offers a fully furnished unit for longer term stays. It gets its name because companies and corporations primarily house employees using corporate housing for longer time periods, in order to save on hotel bill costs. It can be used for those who are traveling to another city for business meetings or to house contract workers or temporary employees. Corporate housing is not only an option for company employees. It is also useful for people who need short term housing when moving, as well as students and vacationers.
Who Uses Corporate Housing?
Business travelers are usually the main users of corporate housing, but the housing can be used when training a remote client or team, or when getting a new project off the ground in another field office. It’s also useful for relocating employees. Relocating employees may want to live in corporate housing temporarily as they try out a new neighborhood and work to sell their old house and find a new one. This way, there is no pressure to rent or buy right away, and if a new position doesn’t work out, then there isn’t a lease to break. There are some industries that use corporate housing more often than others. This includes healthcare for medical researchers and travel nurses, government and military for reassigned service members, and entertainment for film crews and stage performers. Corporate housing can also be useful for interns. Instead of going through the hassle of arranging for utilities, housewares, and furniture, it’s easier to just pay one fee to take care of everything. Homeowners who are temporarily displaced by a disaster or fire can also utilize corporate housing. Some explorers even use corporate housing for longer vacations. If you are going to be going to a new place for more than 30 days, this could make more financial sense.
Benefits of Corporate Housing
Corporate housing offers the comforts of home and a level of privacy. You don’t need to dine out every night, since many offer a full kitchen with utensils for cooking. Corporate housing is also usually located in residential settings. These units can also come furnished with utilities included. Corporate housing apartments near Uptown Houston will usually include everything in the fee, including towels, linens, television, and Internet, and some may even provide a housekeeping service. There are also hotel-like amenities, such as fitness rooms and swimming pools. Staying in corporate housing is often more affordable than staying in a hotel. It’s also less of a commitment than leasing a private apartment for workers.
How Much Is This Housing?
Costs will depend on where you are staying, as well as for how long and how big the unit needs to be. Usually corporate housing apartments near Uptown Houston will be more expensive than an unfurnished apartment but worth the costs.