There are times when a person needs to go out of town for business but must stay longer than a few nights or a week. When this occurs, corporate housing is a good option for comfortable and affordable accommodations.
This kind of accommodation can be a condominium, house, or furnished apartment that is rented out on a temporary basis. In most cases, the agreement would be for a stay of 30 days or more. It is made available to military members, individuals, and corporations needing to find a place for their employees to stay while away from home and is a suitable alternative to staying in a hotel.
Companies want their staff members and executives to be comfortable when they are out of town for weeks or months. They want an arrangement that is mutually beneficial to them both. The demand for this service is there, which is why private agencies offer corporate housing as a service to their clients.
Most of the time, as mentioned above, this arrangement is geared towards short-term or temporary stays. It is not meant for the executive who is relocating to a new city. The units meant for this purpose are mainly situated in convenient locations, such as the downtown core, which eliminates the need for long commutes for those who are not familiar with the area. Unlike booking stays at hotels, corporate housing units are almost always available for those in need of them. Companies may book the suites months in advance. Even on short notice, such as a week to a couple of days, places are easy to book in most cities.
Corporate housing may cost more than the private option, but it will also include a variety of services such as cable and Internet, and perhaps even housekeeping, as well as utilities. Not every place will offer tenants the same services so it is wise to find out what is offered before signing up. Some managers are willing to negotiate on the price for guests who are only going to be there temporarily.
There are numerous benefits to using this option when visiting another city for work related purposes. The living conditions are often better than that of hotels, because guests can return to a place that has an environment that is comfy and more like home, as opposed to an impersonal room in a hotel complex. It is easier to relax when there is ambiance and a feeling of being at home even when you are not.
Business travelers are generally permitted to bring their spouses and children along, or to have them visit when they are staying in a corporate housing arrangement. Guests can buy groceries and make their own food in the kitchenette and can entertain guests or have work meetings there if needed.