Corporate housing

Facts by definition

Corporate housing is a term in the relocation industry that implies renting a furnished apartment, condo, or home on a temporary basis to individuals, military personnel, intern groups, or corporations as an alternative to a traditional hotel or an extended hotel stay. According to Corporate Housing Providers Association (CHPA), the industry's trade organization, corporate housing revenue was $10 billion in 2019 and $2.47 in 2010. The corporate housing industry has been a significant growth segment of the lodging industry for the past 20 years. As of 2015, the revenue generated by the industry reached $2.93 billion in the US, after a 7% increase over 2014, with an average stay of 84 nights

Services provided by travel management company

Depending on your business travel requirement, a TMC can simply make flight or hotel reservations, offer many other ancillary services such as aircraft charter, airport lounges, parking and transfers, hotel bed requests, car hire, chauffeurs, foreign exchange, group travel, hotel bill backs, insurance, leisure travel, marine travel, meal requests, meet and greets, passport and visa procurement, rail tickets, roadshow services and venue sourcing.

Benefits of Using a Travel Management Company 

Some of the benefits of TMC are as follows:

  • Cheaper Flights and Hotels
  • Expert Advice and Insight
  • 24/7 Help and Support
  • Assistance With Travel Policies
  • Consolidated Reporting
  • Travel Alerts or Warnings
  • The Use of Modern Technology
  • Greater Peace of Mind
  • More Time For Other Tasks

Type of Accommodations


A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a fridge and other kitchen facilities, upholstered chairs, a flat-screen television and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their rooms. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In the United Kingdom, a hotel is required by law to serve food and drinks to all guests within certain stated hours. In Japan, capsule hotels provide a tiny room suitable only for sleeping and shared bathroom facilities.


Hotel operations vary in size, function and cost. Most hotels and major hospitality companies that operate hotels have set widely accepted industry standard to classify hotel types. General categories include the following:

  • Luxury
  • Boutique and Lifestyle Hotels
  • Full Service
  • Focused or Select Service
  • Economy and Limited Service
  • Extended Stay
  • Timeshare and Destination Clubs
  • Motel

Some of our esteemed partner hotels worldwide are as follows:

Serviced Apartments

A serviced apartment (also known as a corporate hosuing or an extended stay apartment) is a fully furnished apartment available for short-term or long-term stay, providing hotel-like amenities such as room service, a fitness center, a laundry room, and a rec room. Most of them are equipped with full kitchens, Wifi and in-apartment washers and dryers. Companies frequently use serviced apartments to host professionals who may be on a local or international work assignment. It is common for executives to stay in serviced apartments temporarily while searching for a permanent residence or relocation. Although serviced apartments are primarily occupied by business executives, they are also available to the general public. Serviced apartments offer facilities much like a traditional hotel but provide more space, convenience and privacy. They have private cooking facilities, sometimes a kitchenette but sometimes a full-size kitchen with dishwasher and washing machine, living and sleeping areas that are large than most standard rooms, and often having access to gyms, restaurants, meeting space, concierges and other hotel-like services.

Serviced apartments offer the comfort, privacy and flexibility of a self-catering property, combined with a city centre location and often with the added benefits of many hotel-type services - such as maid service, room service and concierge/reception. IF you are looking for a place to live and enjoy rather than just a place to sleep then serviced apartments could be the right choice. Few different types of serviced apartments are:

  • Extended Stay
  • Business Trip Apartments
  • Corporate Housing - Temporary Housing
  • Family/Group Apartments
  • City Break Apartments
  • Leisure Break Apartments

Some of our esteemed partner serviced apartments companies worldwide are as follows:


A guest house and Bed & Breakfast (also known as guesthouse and B&B) is a kind of lodging. In some parts of the world a guest house is similar to a hostel, bed & breakfast or inn where in other parts of the world (such as Caribbean), guest houses are a type of inexpensive hotel-like lodging. In still others, it is a private home which has been converted for the exclusive use of guest accommodation. The owner usually lives in a entirely separate area within the property and the guest house may serve as a form of lodging business. This type of accommodation presents some major benefits such as:

  • Personalised attention
  • Healthy and homemade food
  • Quietness
  • Inexpensiveness
  • Modern design

To browse for global business accommodation options, click on below links


Ask us for upto 2.5% cash back offer on nightly room rate when you appoint Danco Global as your vendor (terms apply).
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