CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
One of the things that any person with a rental should consider is corporate housing safety. Ensuring that your guests are in a safe and healthy environment is the first step to offering them a great vacation or trip in your home. There are a few things you should watch for on a regular basis to be sure this is the case....
When cold weather starts to set in and the snow beings to fall on the world around us, some areas of the country have issues when it comes to renting furnished properties. Winter has always been known for being one of the roughest times of the year to sell a home and the same stands true for finding renters interested in your home when a winter wonderland is brewing outside. However, we have some tips that can help you keep your bookings up, even when the temperature drops outside....
Have you changed the rate you charge for your corporate housing in the last year? Maybe you haven’t thought about it or you’re waiting for a sign that it’s the right time to do so. Maybe you also increase your prices at the beginning of the year to make more money. Perhaps you aren’t sure whether you should change the price and want a bit more information first....
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....
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....
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....
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.”...
There’s no reason to relegate yourself to staying in a hotel when spending time traveling to southwestern Oregon for work, a family vacation, or another purpose. This corporate housing in Jacksonville is a few miles from Medford and offers a fully-furnished spacious option for spending your time in the state. This location has several grocery stores, tasting rooms, restaurants, shopping centers, and coffee shops....
This Washington DC corporate housing option is located in the up and coming U Street Corridor neighborhood. Those who put active living at a premium will love being close to top-notch locations like Trader Joe’s, Soul Cycle, Organic Markets, LuLu Lemon, Meridian Hill Park, several restaurants, and a fun nightlife to experience. It’s all right outside your door when you spend your short-term business or pleasure visit at this luxury condo....
Oakville, ON is located in the southern part of the province between Hamilton and Toronto. This city has a population of nearly 200,000 and offers cultural attractions, sports, events, and much more. Several festivals are held throughout the year including the Waterfront Festival, Canadian Open, Downtown Oakville Jazz Festival, and For the Love of the Arts Festival. The city also offers the Oakville Place Shopping Centre which is a large shopping mall that has been around since the 80s....