In the travel industry, corporate housing is a term that indicates a furnished apartment or house is rented out on a temporary basis to individuals, military personnel, or corporations as an alternative to an extended stay hotel. But what most people don't know is that corporate housing is also available to vacationers.
In fact, corporate rentals are available to anyone, with or without corporate ties. If you require lodging for more than a month, corporate housing lacks some useful services (e.g. a daily breakfast buffet), but on the other hand will usually provide a more comfortable and homelike atmosphere. This is partly because you can customize your furniture and layout according to your own needs.
If, for example, you are traveling with a baby, you can have your apartment equipped with a high chair, crib, and playpen. In addition, a home office or home theater could also be arranged. Keep in mind that these special requests do increase the overall cost. In terms of cost, upscale extended stay hotels average about 20% higher than typical corporate apartments, based on a 30-day stay (with monthly discount rates). The higher cost is due in part to the impressive array of services available at the extended stay hotels.
Most corporate rental companies provide apartments that offer the luxuries and amenities that hotels and other lodging services lack. Each apartment is furnished with a fully equipped kitchen that offers everything from a full-size stove and oven, dishwasher, and microwave to cookware, tableware, and utensils. A fully functional kitchen, in addition to 24-hour concierge service, pool, fitness center, in-unit washer and dryer, unlimited local phone service, and weekly housekeeping, make corporate rentals a fantastic option not only for working professionals who need a space to work and relax, but also for the vacationing traveler who wants to see the sites without the inconvenience of being away from home. A significant consideration is location.
The longer you will be staying, the more time you should spend comparing all the available options--both furnished housing and extended stay hotels--to ensure you make the best choice.