What is Corporate Housing by Owner?
CHBO is a web portal that connects individual property owners with the traveling public. The first is the corporate relocation market that is driven by the need for corporate managers to move where they’re needed for a specific project or to relocate on a long-term basis. The second market is the hard-to-contact traveling professionals who are looking for an alternative to hotels and apartments. These renters include organizational consultants, traveling nurses, contract trainers, visiting professors, athletes, journalists and theatrical performers. Both groups of travelers prefer doing business directly with the private owners market because: • It is more cost-effective with better value • It offers greater flexibility for shorter stays and • It supplies a much broader range of unit size, style, locations and amenities. An article by Douglas Bjotvedt in the May 2008 issue of Mobility notes that “The private owner …typically is the easiest to deal with….The owner is intimately awar
