
In terms of cost, upscale extended stay hotels average about 20% to 50% higher than typical corporate apartments, based on a 30-day stay with monthly discount rates. Of course, the higher cost caused in part various services, including housekeeping, that extended stay hotels offer. However, if saving money, privacy and a peaceful existence is the most important consideration, then a quality corporate housing unit is usually the best option.
Furnished corporate housing benefits from being highly-customizable. But you need to remember that special requests will often increase the cost.
When you require housing for less than a month, extended stay hotels may realistically be your only option. But if you need a place to stay for more than a month, corporate housing will not provide some very useful services, such as a daily breakfast, but will normally provide much more comfortable and homelike living conditions.
The term corporate housing usually refers to a furnished apartment, but the term may also be used for a town house or detached house. Utilities, telephone service, and cable TV are usually included. Sometime weekly housekeeping service is provided, or it may be arranged at an additional cost.
Corporate housing apartments in suburban areas are frequently located in large complexes with many resort-style amenities, such as party room, swimming pools, tennis courts, and mini health clubs.