Trends: Corporate Housing Terminology

What do you call what we do? This year CHPA (Corporate Housing Providers Association) turns 20 years old but they started at NIHN (National Interim Housing Network) then they became AIHP (Association of Interim Housing Providers) before they settled on CHPA.   If you have been reading my blogs over the years you will know the I believe Corporate Housing should be a “lodging choice” and is part of the larger Extended Stay Lodging segment. I like the professionalism that Corporate Housing denotes, however there are lots of personal reasons people rent corporate housing every day. At the core...

Top 6 Questions about Temporary Living #5

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 5 about Temporary Living Typically, the minimum length of stay in corporate housing is often 30 days, based on local and/or legal restrictions.  When and why is a shorter length of stay...

Top 6 Questions about Temporary Living #4

CHPA, or the Corporate Housing Providers Association is the international trade organization for the multi billion dollar industry of corporate housing or more simply temporary living. Recently CHPA asked several corporate housing providers to clarify common questions of corporate housing guests. We thought this was great information for both corporate housing providers and tenants to know. The following excerpts have been approved for re-print by CHPA. Question 4: Temporary Living I need a place for a short stay for 30 or 60 days, why should I rent from a corporate housing provider instead of an online host, such as...

City Spotlight: San Francisco Corporate Housing

San Francisco has thousands of corporate housing residential rentals that translate into hundreds of millions of dollars in rent according to the Corporate Housing Providers Association (CHPA) Annual Report. CHPA also reports that San Francisco has the 2nd highest corporate rental rates in the country. San Francisco Corporate Housing is a page featuring corporate housing rentals located throughout the San Francisco Bay area. There is nothing more San Francisco than sitting in the bay window of your classic Victorian home in Pacific Heights looking out at the Golden Gate Bridge.  San Francisco is one of the busiest, most diverse...

Corporate Housing: Standards and CHBO Complete™

CHBO has long been a supporter of Corporate Housing Standards and that is why we believe CHBO Complete™ is the most important tool CHBO offers to both our travelers and our properties. In a recent Worldwide ERC Mobility Magazine article “Online Marketplaces – What you see is not always what you get” Amanda Cook, Director of Membership and Marketing for the Corporate Housing Providers Association (CHPA) talks about the lack of housing standards for the Corporate Housing Industry and says “Not All corporate housing is created equal.” We totally agree and that is why from the very beginning of CHBO we...

AvenueWest Corporate Housing Celebrates 15th Anniversary

This Colorado business shows staying power by finding solutions for customers in the economic and housing market’s ups and downs. DENVER, May 1st, 2014 – AvenueWest Corporate Housing, Inc., started as a small real estate management company but quickly grew to the largest provider of corporate housing rentals in Colorado, added a spin-off of Corporate Housing by Owner and is now the foundation for the national expansion of AvenueWest Global Franchise.  This month AvenueWest Corporate Housing is celebrating its 15th anniversary of doing business and providing solutions for property owners, corporate travelers and business owners alike. In 1999 Kimberly Smith...

Corporate Housing rental income $2.48 Billion

The annual Corporate Housing Industry Report is out for 2013. The entire report with specific Data on 50 US cities and 5 Canadian Cities can be purchased from The Highland Group for $495 2014 Corporate Housing Industry Report. Overall, the corporate housing industry remains stable. Highlights include: US corporate housing revenues were $2.48 billion in 2013, down slightly from $2.45 billion. Per survey respondents, US corporate housing inventory is estimated at over 56,000 rental units, with the Canadian market at approximately 7,600 rental units. Occupancy in the United States was down slightly to 88.1%, while Canadian providers saw occupancy decline...

Corporate Housing Networking Event – May 7th Phoenix

Sponsored by AvenueWest Phoenix Network Connection Connect with CHPA in Phoenix to discuss local trends and issues while networking with other corporate housing professionals in the area.Join us for industry insights, partnership opportunities and more…brought to you by CHPA.   Topic: Networking Host: CHPA Facilitator: AvenueWest Phoenix Sponsor: AvenueWest Phoenix, National Corporate Housing, CORT Furniture Rental Food: Beer/Wine and Appetizers Cost: Free for both members and guests Location: The Simple Farm 9080 E. Cactus Rd. Scottsdale, AZ 85260 Show Map Click to Learn more about CHPA / Corporate Housing Providers Association....

Corporate Housing Reports and Data

ERC – Employee Relocation Council recently had a webinar on “Furnished Housing: The Mysteries and the Facts”  and as a followup the attendees were interested in more Corporate Housing Data here are few resources: CHBO Annual Report – $19.95 on Amazon. The Highland Group: Corporate Housing Annual Report – $495.00 Highland Group. The Corporate Housing Handbook – $26.96 on Amazon. Idiot’s Guide: Making Money with Rental Properties – $14.80 on Amazon. Corporate housing always has played a defined role in most corporate relocations. Smith reveals some of the misconceptions about this destination service. By Kimberly Smith With the trend...

Corporate Housing Code of Ethics

How do you do business? What do you base your ethics on? The Institute on Global Ethics believes each decision is based on one of three foundations. What is best for me as an individual. What is best for my community. What is best for my world. For example if you decide to steal money from your employer that may be good for you as an individual but bad for your community.  When dealing with tenants and landlords, moving money around and keeping security deposits, breaking a glass or not reporting damage these are all actions that involve ethics....