Long Term Stay Hotels vs. Corporate Housing
Long term stay hotels offers companies the opportunity to give their employees top notch accommodation without the hassle and without the expense. If ...
Long term stay hotels offers companies the opportunity to give their employees top notch accommodation without the hassle and without the expense. If you have staff that need to work in alternative locations for extended periods of time, then the cost of a hotel can be far too much. This is where extended stay hotels came to play. Today, the concept has really taken on a life of its own and with all the major hotel chains offering custom built long term stay hotels there is a lot of choice and variety. The Hilton Homewood Suites, The Marriott’s Residence Inn and the Intercontinental’s Staybridge Suites are some of the very best.
Although extended stay hotels are a lot cheaper than normal hotel rates, its can stil be too expensive for many businesses. Apart from that, there are certain issues that lead to corporate housing becoming a viable option. Corporate housing is usually apartments that are either owned by the company or part of a private operation that caters specifically to businesses. Both the hotels and the corporate apartments offer a viable solution, but what’s best for you really depends on your needs.
One of the major difference comes down to comfort. Long term stay hotels are usually in very good locations and cater specifically to business people who need easy access to city centres (usually). Corporate housing is usually not that well located and the additional hassle of traveling may be an issue. An apartment or a house has the great advantage that it feels much more like a home and staff who needs to live away for extended periods of time might prefer this. Although long term stay hotels are trying hard to be as homely as possible, its still has that hotel feel that can get very depressing.
The fact that hotels have an all inclusive service really makes life a lot easier on its residents. With corporate housing there is no room service, no cleaner and many amenities like a laundry can be an issue. Apartments are much more hands-on while the extended stay hotel really has all the benefits of a hotel.
There are a lot of options however. Its a competitive space for hotel chains and they are continuously introducing new facilities to try and woo over corporate clients. Many of these “hotel rooms” look and feel like apartments but it usually comes at a price. The good thing is that its only available to corporate clients and there can be a lot of benefit in signing contracts with a particular hotel if you have a lot of staff making use of long stay hotels and who needs extended accommodation.
While some companies and businesses run their own corporate apartments, it can really take a lot of time and effort to maintain and service these apartments. A long term stay hotel is the easy solution and ideal for corporate staff needing somewhere to stay between a week and 6 months. Anything more than that i would recommend you look into short lease furnished apartments.
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