Corporate serviced accommodation: who else can benefit?

Today, many business travelers want a home away from home while away for work. The way we view and use accommodation has drastically changed in recent years. While hotels are certainly still a convenient option for many on the go, many travelers today crave home comforts while on business - and this is why serviced accommodation is a great option for corporate travelers. 

The serviced accommodation sector currently offers a range of short and extended-stay options for business travelers, from fully-furnished corporate apartments to aparthotels. But, did you know this type of housing can also benefit other ‘groups’ in addition to the traditional business traveler? 

What is corporate serviced accommodation? 

Corporate accommodation (otherwise known as corporate housing) is a full-service solution for those either traveling or relocating for work. It is a type of short-term rental (although they are typically available for extended stays) designed with business travelers in mind. By definition, this type of lodging provides everything business travelers need for a comfortable and productive stay.  

Originally, corporate housing options were offered to provide business travelers with a private space to stay while away for work - a comfortable bed, desk to work and somewhere to cook. In recent years, corporate housing has transformed - today, you can expect modern flats in sought-after locations, apartments kitted out with the latest tech, and flexible options that allow travelers to blend leisure with business. Gone are the days of living out of a suitcase and ordering room service; today, corporate accommodation is a home away from home. 

What are the benefits of booking corporate serviced accommodation?

• Flexibility and adaptability - Many housing options have flexible lease terms to meet the ever-changing needs of the corporate world. Rather than committing to a fixed rental contract, business travelers can benefit from flexible lease options that can be extended or shortened depending on an individual’s needs. 

• Private space - Flexibility extends beyond the lease agreements; corporate housing options also offer travelers flexibility when it comes to their lifestyle too. Private kitchens and dining spaces allow guests to cook when they like, whereas separate rooms (such as a living room and bedroom) allow families to put their children to bed without disturbing them in the living space. 

• Personalization - Professional housing providers offer a more personalized experience for guests. Travelers have a wide range of accommodation types to choose from, and the ability to tailor their accommodation to their personal needs, whether it be smart home technology, certain amenities, an ergonomic desk or accommodation close to a meeting venue. 

Who else can benefit from extended stay accommodation? 

As we mentioned earlier, it’s not just the traditional business traveler that can benefit from corporate serviced accommodation. There are many other groups that need a home away from home while away for work: 

Entertainment industry

Those working in the entertainment industry are often on the road - and in between filming, set designing or performing, they need a comfortable and private place to rest their heads. While a hotel may suffice for a short amount of time, those working on longer projects will benefit from the home comforts corporate housing has to offer, including private spaces, flexible lease terms and comfortable accommodation in ‘non-corporate’ filming locations. 

Navy and military 

In both the navy and military, relocating for work can be a time of both excitement and stress - exciting, because the individual is moving to a new location, but stressful because it means finding somewhere to live temporarily. Corporate housing is a suitable solution for those in the navy and military looking for a home away from home in their new base. Opting to stay in this type of accommodation creates a happy medium between renting an apartment for a fixed period and living out of a suitcase in a hotel. 

Students and interns 

If a student or intern has moved to a new city to study or work, corporate housing can be a great solution for their housing needs. Equipped with a private area to cook, sleep, wind down and study, serviced apartments give students all the space they need - and kitted out with the right tech (such as virtual voice assistants), these types of accommodations can even aid their studies. 

Key takeaway

Once upon a time, the words ‘corporate accommodation’ may have conjured images of suitcases, hotels, and living off room service menus. Today, the world of corporate housing is exciting - whether it’s a spacious New York apartment or a tech-savvy flat in Austin. And it’s not just the traditional business traveler that can benefit; other groups, including the navy, military, students and the entertainment industry can enjoy the convenience and flexibility of corporate housing options too. 

3Sixty

3Sixty is a state-of-the-art marketplace that reduces the noise in extended-stay travel. Our HomeMatch™ technology leverages machine learning and human expertise to curate quality, cost-effective housing where your employees feel safe, comfortable, and at peace.