Weighing the positives and negatives is key to figuring out if corporate housing is a good fit for you. We’ll dive into crucial pros and cons like cost and amenities to get you informed before choosing a corporate housing provider.
by · Apr 20, 2020
Corporate housing offers guests a variety of luxurious benefits you won’t find anywhere else, but there are also several drawbacks to keep in mind while deciding if corporate housing is right for you.
At Viciniti, we’ve spent the last 30 years helping clients understand just what corporate housing can and can’t do for them. While many potential guests have gone on to become guests in one of our 15 cities throughout the Midwest, some prospective customers have looked at the pros & cons of corporate housing and realized it may not be the right fit for them.
We know your time is in short supply and you don’t want to wait to learn from a salesperson (or worse, your own experience) that corporate housing isn’t right for you. We also want you to see the benefits you’ll receive when you stay with a corporate housing provider to help showcase just what corporate housing can do for you.
That’s why we’ve compiled this list of the most important corporate housing positives and negatives to help you make your corporate housing decision.
The perks you’ll find in your corporate housing unit can vary depending on your apartment and corporate housing provider, although there are many benefits that are shared by most corporate housing companies. Some of the most common benefits you can expect include:
Similar to a hotel, corporate housing companies charge customers a nightly fee to stay in their serviced apartments. Also like a hotel, this one fee covers your room and furnishings, as well as the extended cable and Wifi you’ll enjoy.
There are no added fees for utilities or the use of amenities, so you can take advantage of your apartment community’s perks without worrying about hidden fees.
Speaking of perks, the apartments provided by corporate housing companies offer some awe-inspiring amenities for guests to enjoy. Amenities like resort-style pools, resident lounges and state-of-the-art fitness centers are some of the features often found in the luxury apartment communities that corporate apartments are found in.
Inside the apartment, you’ll commonly find wood-style floors, high ceilings, private balconies, and in-unit washers and dryers to welcome you to your temporary home.
With the price of a corporate apartment averaging about $160 per night, the cost of staying with a corporate housing company is generally less than the cost of a traditional hotel, whose prices average just a bit higher at around $180 a night.
Most corporate housing companies offer pet-friendly apartments for residents traveling with their furry family members to take advantage of. Some corporate apartment providers even partner exclusively with pet-friendly communities so you don’t have to worry about leaving your pet behind during your travels or transition.
Corporate housing providers offer a variety of perks that help make them a great choice for many travelers. These benefits make them more accessible and provide greater value to some clients than a traditional or extended stay hotel.
While there are many benefits to staying in an executive apartment, there are also several drawbacks to keep in mind when deciding on whether to stay in a corporate apartment during your travels or to choose another hospitality alternative.
While corporate apartments are, on average, less expensive than a traditional hotel, their price tags do tend to be higher than some extended stay hotels.
Most extended stay hotels charge a weekly rate of between $99 to $425 per week, depending on the hotel location and amenities.
In other words, travelers can stay in an extended-stay hotel for between $14 and $61 per night. Included in this price, extended-stay hotel guests can enjoy some benefits you won’t find in a serviced apartment, like free or discounted breakfast.
There are some things, like free laundry facilities, you may miss when staying in an extended-stay hotel rather than a corporate apartment. Check out our Corporate Housing vs. Extended Stay Hotels blog to see all the pluses and minuses of these two temporary housing solutions and figure out which extended-stay option is right for you.
One of the biggest drawbacks of corporate housing is the 30-night minimum. While not a universal policy, most corporate housing providers require guests to stay a minimum of 30 nights and will direct you to another temporary housing option if your stay is shorter.
While not an issue for travelers planning a stay of a month or longer, this requirement makes it infeasible for any guests looking to stay less than 30 nights. These travelers should look towards weekly or nightly hotels for their travel accommodations, depending on their lodging needs.
Another key difference between staying in a corporate apartment and a hotel is housekeeping is not included in your nightly rate when staying with a corporate housing company.
When staying in a hotel, you’ll usually have the choice of housekeeping cleaning your room during your stay. At traditional hotels this is usually a free daily perk, while most extended stay hotels offer free housekeeping once a week.
Corporate housing companies do offer weekly, biweekly, or monthly housekeeping services for an added fee, so if you would like a housekeeper to clean your apartment you have that option.
Some of you may have more questions about corporate housing like how much does corporate housing cost? And who gets the most out of corporate housing? You can find the answers to these questions and much more in our blog.
If, on the other hand, you feel like corporate housing could be a great fit for you, get started on your corporate housing journey by viewing our properties in your desired city! Viciniti provides quality temporary accommodations with luxury amenities to people on the move.
View our properties and all they offer on our website to get started.
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