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What is corporate housing?

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What is corporate housing?

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Corporate housing offers individual and corporations a “home away from home” for an interim period of time. Fully furnished apartments typically include furniture, television, electricity, linens, dishes, kitchen utensils, and bathroom accessories. Corporate apartments can also include cable service, internet service, phone service, washer and dryers, VCR, baby furniture, and maid services. Almost Home Properties Corporate Accommodations (AHPCA) will personalize your housing needs to ensure a pleasant home environment.

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Corporate Housing consists of fully furnished one, two, and three bedroom condos, apartments, lofts, town homes and homes. Such properties are located in the most desired areas for those traveling executives, relocating families and vacationer. These rentals are available for short term intervals such as 1 month, 3 months or 6 months at a time.

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• Fully furnished and equipped studio, one, two and three bedroom apartments. • Well maintained properties providing residential living. • Many convenient locations in and around major metropolitan areas. • Double the square footage of hotel rooms and suite hotels. • More cost-effective for companies for long-term housing needs. Size of Industry History The corporate housing industry has been a significant growth segment of the lodging industry for the past 20 years. By the Numbers • Total industry revenue was $2.77 Billion in 2008. • Average one-bedroom monthly rent is $3,510 ($117/night). • An estimated 1,095 corporate housing operations in the United States. • Approximately 73,385 U.S. corporate housing units on an average day. • Average stay in corporate housing units is 80 days. Serving All Industries Industries served include government, consulting, healthcare, insurance, engineering, relocation, information technology, financial, and many others.

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A. Corporate housing is the industry in which living accommodations are provided on a short-term basis. Whether you are a business traveler, family on vacation or temporarily in between homes, corporate housing is the solution to your housing needs.

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Corporate housing refers to fully-furnished apartments available for those in need of temporary housing or extended stay accommodations. Corporate housing is ideal for relocating individuals and families, traveling medical professionals, traveling consultants, individuals or groups in town temporarily on a business or training project, leisure travelers, or anyone who would enjoy the comforts of home while away on an extended stay.

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