Corporate housing is often referred to as a temporary living situation because it is only available for short term periods of time. While corporate housing can be very lucrative, it can also be extremely expensive. When looking into corporate housing, many companies choose to work with a service provider that provides a variety of accommodations at discounted rates. These companies are sometimes able to negotiate a lower rate than what the company would have been able to find for its own needs.
Corporate Housing – Benefits of Corporate Housing
Corporate housing typically has a variety of amenities and features to make employees feel comfortable. Some of these features include wireless Internet access, heated and air conditioned rooms, and television sets that are included in the room rental. Corporate housing may also come equipped with a gym and pool. While some companies are able to purchase their own gym equipment, there are others that rent equipment on a regular basis. Most corporate housing will also have a private pool and parking available.
Corporate housing can be a very convenient and inexpensive short-term option for companies who are on the move. This type of housing can also allow companies to save money by not having to pay for a long-term rental. Since most corporate housing is temporary, there is generally less maintenance required as well. Companies can generally get a discount on long-term leasing if they buy their own lodging when they need it most. In some cases, the rental fees are waived completely in order to save companies money.