corporate homes Voice assistant

Are Your Corporate Housing Rentals Ready for Voice Assistants?

Something new is on the horizon and it is called corporate housing voice assistants. Synergy Global Housing is one of the first companies that is enabling adding voice assistants to their corporate rental furnishings suite of items. The smart apartment that is using this technology is doing so to offer a better level of customer service and technology for guests there on a short-term basis....

Corporate Rental Property

Tips for Corporate Rental Property Retention to Start the Year Off Right

Back in 2011, a study by SatisFacts estimated that the average cost of turnover for a rental property was as high as $3,900. When you take into account days lost to repairs, vacancy, professional cleaning, standard maintenance, and marketing, the cost of turnover can leap to several months of income if the property was being rented. Working for lease renewal is a great option and something all corporate housing managers should have strategies in place for. We have three that can help you on that path....

Property manager for rentals

Annually How Much Do You Spend for the Management of Your Property?

As a corporate housing property manager, there are certain requirements. You need to spend money to manage the property in order to bring in renters and offer them a space they want to come back to another time. However, most people want to spend the least amount possible so they can ensure a large profit at the end of the year. Having an understanding of how much other housing managers are spending can help you decide if you’re doing all you should or if you need to invest more heavily....

Corporate Housing survey

What is the Annual Occupancy Rate for Your Corporate Rentals?

Do you offer furnished housing for corporate guests? Have you ever sat down to think about how often you have an occupant in the provided corporate rental apartment? As of 2016, CHBO has been asking questions about this exact thing on the annual corporate housing real estate report. We’ll share the results below so you can get an idea of how your own homes stack up....

Corporate Housing Cancellation Policy

Is a Cancellation Policy Necessary for Short Term Rentals? Do You Have One?

If someone has booked a stay at one of your corporate properties and then later needs to cancel their trip, you are capable of setting up a corporate housing cancellation policy. When you do this, a certain percentage of your already obtained payment will be sent back to the person who cancels. However, not all circumstances are the same, so the percentage sent back depends upon how much the visitor has paid, not the entire amount of the reservation....

Bright corporate housing

10 Light, Bright, and Beautiful Corporate Rentals

If you ask ten people what must-haves they need for their corporate housing which is furnished, you’re likely going to walk away with ten different answers. One person might say that having stainless-steel appliances is a must while another might put hardwood floors above that need. However, there is one thing that most corporate apartment clients agree on – natural light is important....

Real Estate Market Growth

The Many Meanings of Corporate Housing from the Corporate Housing Providers Association

In 2013, we posted a brief article about the revised definition of corporate housing from the Corporate Housing Providers Association or CHPA. They are the only trade association that is exclusively dedicated to the corporate housing industry. The Corporate Housing Providers Association “advances the highest standards in business and professionalism; provides valuable insight, knowledge and resources to the industry; and increases visibility among related industries.”...