CORPORATE HOUSING AND FURNISHED APARTMENTS LANDLORD AND RENTAL BLOG BY CHBO
Anyone who owns furnished homes for rent is probably already aware that the rental industry is in a constant state of change. Since the Novel Coronavirus pandemic began, it’s been an example of how quickly things can change and how property owners need to be ready to adapt. Having a diverse selection of properties that appeal to a large swath of the population is the best way to keep up with things as they change....
According to our 2014 Annual Report, we discovered that the greatest number of independent corporate housing real estate rentals is one bedroom rentals which represent 41% of those surveyed, while around 29% said that their properties featured three or more bedrooms. In the full service corporate housing field, things were a bit different with 50% of the rentals being one-bedroom units. Those who are traveling alone find that small apartments and condominiums tend to be the best choice when it comes to their needs for furnished homes. Both the independent and the full service corporate housing sectors tend to have their own niches that they fill. Independent services can cater to those who need to have larger spaces, while full service corporate housing seems to have smaller units that are ideal for those who are traveling alone. Why Choose a Smaller Apartment? A one-bedroom, and in some cases a two-bedroom unit, is generally a perfect solution for those who are traveling on their own for a number of different reasons. First, the smaller units tend to have lower prices than larger units in the same area with comparable features. Second, the solo traveler does not need to have as much space. They aren’t traveling with other coworkers or family, so the extra space is unnecessary. ...