When traveling for business, staying in hotels can be both isolating and expensive. Corporate housing is an option that is now gaining momentum among business travelers for this specific reason. Corporate housing provides a residential setting for business travelers who need access to a fully furnished apartment at a discounted rate. These usually come with a poolside conference room, digital security key, bike storage, etc.
Read on to learn the many perks of living in a corporate apartment that can make your work life more affordable and stress-free.
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What is Corporate Housing?
Corporate housing is a type of accommodation that businesses provide for their employees. The purpose of corporate housing is to provide employees with a place to stay when they are traveling for work.
There are many different types of corporate housing, including condominiums and private apartments. They could also be townhouses and even extended-stay hotels with all utilities included.
Most corporate housing companies offer short-term and long-term options. In addition, they may be available at any location in the country. It is important to check with your employer to determine what is most appropriate for your situation.
Why is Corporate Housing the Better Choice for Travelers?
These are a few reasons why travelers prefer corporate housing to hotels when traveling.
1. Cheaper than hotel accommodation
When traveling with coworkers on business, staying in a corporate apartment saves you costs.
Let’s say you’re traveling on a business trip to Colorado with colleagues for a few weeks. Naturally, you would want to get temporary accommodation where you can all stay within reach.
In this case, you don’t have to look for a hotel with enough rooms to accommodate each of you. Instead, you can look up corporate apartments in Denver to get options. You could get a fully furnished service apartment with none of the extravagant costs of staying in a hotel.
Corporate apartments also offer deals depending on how many days you stay and your group size. So if you’re with a big group and intend to stay for an extended period, don’t hesitate. Book early, so that you get cheaper rates.
2. Home Away from Home
Another great advantage of living in a corporate apartment is that you get to spend a week or a month in a place equipped with all you need to live comfortably as one does at home.
The apartments are well-kept, spacious, and easy for anyone to adjust to immediately. Unlike hotels, these places feel like home after day two. As a result, you won’t mind staying long hours at work because it’s just that comfortable.
Cool perks include having access to your kitchen should you get hungry while at work. In addition, you can watch your favorite sports on TV with colleagues during the day. You can also chill out at nighttime at popular local hangout spots.
In short, private corporate apartments offer everything you need and more whenever you need it – so much so that many people prefer them to other types of accommodation.
3. Variety of Amenities
Many corporate housing complexes come with loads of amenities to make your stay as comfortable as possible. These amenities are all-inclusive, unlike hotels where you pay-per-service.These include a full gym, a business center, and a resort-standard pool. In addition, depending on which you choose, most apartments come with a recreation room where you and your family or colleagues can relax and unwind in the evenings.
These corporate housing apartments have fully stocked kitchens with state-of-the-art appliances and devices for easy cooking. In addition, they come with high-speed internet so that business can go on as usual.
4. Family and Pet-Friendly Accommodation
When you stay in a hotel, you would be hard-pressed to find one pet-friendly. As a result, many people have declined to travel rather than part with their pets. About 10% would try to sneak pets in through their luggage.
If you have pets and are bringing them with you when you travel for work, you will appreciate that corporate housing often comes with pet-friendly accommodations. This is one wonderful benefit of living in an apartment.
5. Flexible Leases and Privacy
Another reason corporate housing is so popular among business travelers is that it allows you to sign a flexible lease. Depending on your needs, this can be month-to-month or for a year.
In the corporate world, plans are susceptible to change, so you may need to extend or shorten your stay accordingly in a corporate apartment. This type of temporary accommodation allows the freedom for that.
Apart from that, travelers are not bound within the confines of their hotel rooms. They are free to hang out in their spacious apartments as they like.
Concerning cooking and laundry, guests are not obliged to eat outside as they have access to their kitchen where they can cook. Furthermore, each corporate apartment has its indoor laundry facilities, so you are free to clean your clothes anytime at no extra cost!
Having an apartment also permits your privacy which is missing in case of hotels. The industry is progressively evolving to serve travelers with the best possible experience. Corporate housing apartments are designed considering the modern businessperson.
6. Encourages Team Building
A team of workmates staying in a corporate apartment will be encouraged to do certain things together. Eating, cooking, laundry, and recreational activities are some of the things they would share, which would lead to better relationships.
This encourages team building and interaction between them, unlike staying in luxury hotels. In a hotel, a team can’t interact much because they don’t share a common space during leisure hours whereas in a corporate apartment, since they share a common space, it promotes team harmony and will lead to more productive and motivated employees.
7. Maid Service
One of the main reasons people choose to stay in hotels is primarily for convenience. Hotels offer a wide range of services and amenities for their guests. Corporate housing offers many of these same services and amenities, such as maid service if you prefer.
You can have someone come in and clean your apartment or take out the trash daily in your absence. This might be a helpful service if you don’t have time to do these things for yourself.
Working from home has become increasingly popular thanks to technology and the Internet, but it can also be isolating. Corporate housing can provide a way for employees to live in the same building as their colleagues while still having the benefits of working from home. This can make work-life more social and less isolating while reducing travel costs.