Improve Corporate Housing With Tech Updates

Real estate property manager

Those who own corporate housing properties and short term apartments know that there are a lot of moving pieces involved. It is never just a matter of keeping properties booked and clients happy. There are matters such as upkeep and maintenance, cleaning, insurances, property management and more. This is why tech updates are one way to improve your corporate housing outcomes easily and efficiently.

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If you ask owners of short term apartments and corporate rentals, one thing that seems to constantly come up is the unpredictability of utility usage by a renter. One corporate client may use so little electricity or energy it seems as if they never arrived while others gobble up an entire household’s worth of energy. This can put a crimp in the bottom line, but tech advances can help.

There are now “smart home” options that can be just as effective for short term apartment rentals as everyday homes. They include:

  • Smart thermostats –Smart thermostats – Able to learn a tenant’s habits and needs, they save money by recognizing these patterns and shutting down when the home is unoccupied reducing costs. Adjustments can also be made remotely.
  • Energy monitoring – These apps are everywhere and can be used to monitor the rental property’s use of energy. Revealing consumption patterns can be a good way to work with renters to cut back on waste.
  • Smart lighting – Along with the internet connected appliances, doors and security, you can also have lighting that operates this way. Installing programmable switches, using motion sensing elements and that can be controlled by mobile devices allow lighting costs to be significantly reduced.

With just these tech updates, you can begin to reduce energy consumption that improve your bottom line.

Property Spotlight: Two Capital Corporate Apartments in Our Nation’s Capital, Washington D.C.

“Capitol Hill” is more than just another word for Congress. It’s one of Washington D.C.’s oldest and most popular suburbs, a historic district featuring landmarks like the US Capitol Building, the Senate and House Office Buildings, the Supreme Court, the Library of Congress, the Marine Barracks, the Washington Navy Yard, and the Congressional Cemetery. The residential areas astride the wide avenues of Capitol Hill consist of row houses, Federal townhomes and other classic 19th century homes. Today’s spotlight focuses on a pair of elegant, bright basement apartments in row houses within walking distance of the Capitol. Both managed by the same outstanding owner, these apartments match the colonial era architecture and décor of their surrounds.

Corporate Housing

Our Judgment is For This Luxury Rental

Our first property is a roomy 950-square-foot luxury apartment along a tree-lined Capitol Hill street. This comfortable home is well reviewed by previous tenants and it’s no wonder. The paneled wainscoting, hardwood floors, oriental carpets, and spotlighting leave no doubt that this is a high-end destination in the heart of D.C. Professional interior design begins in the front hall, where colorful floral décor contrasts beautifully with the pastel yellow of the corridor. The living room features a decorative fireplace and a wall-mounted LCD smart TV above with an articulating arm so you can position it however you like. Enjoy your favorite shows via Netflix, Amazon, YouTube, or Comcast Premium cable. High-speed Wi-Fi assures you’ll have a clear picture and fast Internet. There’s plenty of seating for guests in this elegant space, including a sleeper sofa.

Corporate Housing

The double French doors can close off the connected den and dining room, consisting of a six seat solid wood table and chairs and a living room armchair seating area, where you can curl up with a good book or have a post-dinner drink. There is a convenient built-in desk in the den. The kitchen is appointed with stainless steel appliances that include a five-burner gas range, cabinet mounted microwave, and a toaster oven and other small appliances together with all the cooking equipment and utensils you could need. A breakfast bar makes in-kitchen dining a treat.

Corporate Housing

The master bedroom suite includes a Queen bed and dresser of matching dark solid wood frame, and a settee for enjoying the TV. The bathroom is equipped with a large walk-in tiled shower. A residential parking pass allows free street parking next to the home. An in-home washer and dryer or optional laundry service handle laundry day, but you’ll also benefit from once a month maid service.

We Second the Motion For Another Great Short Term Rental

Two entrances greet the guest to our second property, a roomy 950 square foot luxury apartment right on Capitol Street. An alarm system ensures security in this already safe area. Architect designed and appointed in traditional furnishings, the apartment mixes colonial designs with modern fixtures. Teak hardwood floors softened by oriental carpets coordinate with built-in teak bookcases spanning the living and dining room. The recessed spotlighting and chandeliers blend new and old beautifully. The living room features a massive plush sectional sofa astride the first of the home’s two LCD smart TVs. Enjoy your favorite shows via provided premium cable or via the high-speed Wi-Fi. There’s plenty of room for guests in this elegant space; a thirty-foot living room would be a great place to entertain. Double glass French doors lead to one of two patios and provide yet more natural light. Sun from the skylight also shines in on the room. You can cozy up to the fireplace with a book, or easily get some work done. Granite counters and stainless steel appliances that include a four burner gas range, cabinet mounted microwave, and a large Frigidaire refrigerator join all the cooking equipment and utensils you could need and a spacious walk-in food pantry. The master bedroom suite includes a Queen bed, walk-in closet, vanity dresser of matching dark solid wood frame, and an LCD HDTV. The full bathroom is equipped with a Jacuzzi whirlpool tub. A convenient residential parking pass allows free street parking next to the building. An in-home washer and dryer or the optional laundry service is here for your convenience and you’ll benefit from once a month maid service here too. There is a reverse osmosis water filter providing ultra clean water to you. Conveniently, if you have questions or need anything, the owner lives in the building, so you’ll get a quick response. Smoking and pets are not allowed.

Supreme Court Building

Take Two Furnished Apartments With “Supreme” Views

The owner, Steve, is a long time resident of Capitol Hill and always ready to help or answer your questions. Want to elect one of these great properties for your temporary assignment in Washington D.C.? Call him at 1-202-607-7292.

CHBO offers great properties like these for the   and every day. Check out these and other great furnished rentals today.

How to Delight Guests of Your Corporate Furnished Apartment

Corporate housing rental keys

When people travel for work, there’s often a stressful reason behind it. For example, it could be for an important project, relocation, training assignment, or a medical professional or professor bringing a particular expertise. Small wonder then, that tenants looking for their own short-term housing tend to look for the least stressful option. They want something close to work, with the amenities they need and convenient shopping. For corporate renters, it’s even more important, then, to create a relaxing environment that not only meets their needs, it exceeds them. And in a market with significant competition, the little things you do to delight your guests can make your property memorable and earn great reviews and repeat customers. Here are some steps you could take throughout the process to really wow your guests.

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The Executive Stay Pre-Booking Process

It starts with a well thought out, professional offering. Have you chosen a property convenient to tech, medical, and universities districts? These are the most common types of tenants and by doing so you’ll have the best chance of giving tenants a short commute. Be sure your listing is thorough, includes a professional description and plenty of certified photos. Clearly communicate your properties amenities and your expectations of tenants.

Another good idea is to provide details of local activities, events, restaurants, and culture. You could create a general guide with a map of locations or a walking tour, guiding your guest to local or “off the beaten path” stops – including why they are important to you and to the area. Remember that you know your city better than they do, so they’ll appreciate your local expertise and the time you took.

When a lead emails or calls about your property, be available. The best bet is to answer your call, but at the least plan to call back within an hour. When the lead wants to make a reservation, the easier it is for them to pay, the more confidence they’ll have in your professionalism.

After-Booking and During the Stay

Now that you know a bit about your guests and why they are staying in your city, you can personalize their visit. Visitors with pets could be guided to local dog parks, families with babies could arrive to a stock of diapers; those with kids pointed to child-friendly activities, singles could be guided to the best places to make new friends. The point is to put a personal and thoughtful touch on their experience. It doesn’t need to be expensive, but it does need to add to the sense of “home” that they are seeking by booking a corporate apartment instead of a hotel.

Just before their arrival, check in with your guests to make sure they are all set and have what they need, and let them know you’re looking forward to their arrival! When they arrive, this is the key moment where you can truly impress them with a warm welcome. A gift basket, note, bottle of wine, or other gesture makes a great first impression.

During their time in your furnished apartment, try to show guests that you go the extra mile. That could mean better furnishings and consumables such as high thread count sheets or high quality cookware, or it could mean making sure your property is turned over well – cleaned and fully maintained to minimize the chance of arriving to a still-dirty home or to a broken appliance that was promised. If there are questions, comments, or concerns that the tenant has, listen and respond quickly and meaningfully.

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After A Stay in Your Corporate Apartment

Ask for feedback within a few days of your guests’ departure. They’ll appreciate the chance to let you know what went right or wrong, and even more so if you are genuine about righting any wrongs they experienced or simply trying to improve your offerings.

Ask for a review from clients you’ve delighted – referrals and reviews are a powerful engine for ensuring re-bookings and new leads. Loyal customers will return and see you made positive changes based on their feedback.

It’s The Little Things!

Taking small steps like these doesn’t have to time consuming or expensive. But doing so can make the difference in a happy client who will sing the praises of your executive rental, and one who will make sure no one else make the same mistake. Find tips like these and so much more in the CHBO Corporate Housing Handbook, a $30 value available free to download.