Corporate Housing Provider
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Overview
Corporate housing providers furnish and manage temporary apartments for relocating employees, business travelers, and project assignments typically 30+ day stays.
With companies needing flexible extended-stay housing and hotels expensive, corporate housing generates revenue of $250,000-$850,000 with 25-40% margins through nightly rates and corporate contracts.
The business requires property leases or inventory, furniture and furnishings, housekeeping and maintenance, corporate relationships, and booking platform.
Services include fully furnished apartments, utilities and internet included, housekeeping and linens, flexible lease terms (30-90+ days), corporate billing, and amenity packages.
Revenue through nightly rates $100-$300 discounted to hotels but longer stays.
Success factors include securing properties in corporate and relocation markets, furnishing attractively with quality furniture, corporate client relationships and contracts, providing hotel-like service with apartment space, and technology platform for bookings.
Marketing focuses on corporate HR, RMCs, insurance companies (disaster housing), and project staffing.
With extended-stay demand and corporate housing more cost-effective than hotels in 2025, corporate housing offers furnished lodging opportunities serving corporate travelers and relocating employees with property and furnishing investment barrier.
Required Skills
- Property leasing and management
- Interior furnishing
- Corporate sales and contracts
- Housekeeping operations
- Technology platforms
- Customer service
Pros and Cons
Pros
- Higher margins than hotels on long stays
- Corporate contract recurring revenue
- Extended stays (30-90+ days)
- Multiple industries (corporate, insurance, film)
- Growing remote work and project staffing
Cons
- High property and furnishing investment
- Property management demands
- Lease and vacancy risks
- Housekeeping and maintenance costs
- Corporate sales cycle
How to Get Started
- Secure properties in corporate markets
- Furnish attractively and fully
- Build corporate client relationships
- Implement booking platform
- Market to HR and RMCs
- Provide hotel-level service
- Consider insurance/disaster housing
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