CHBO Property
NEED HOUSING LIST YOUR PROPERTY
Daily, Weekly, Monthly & Yearly Rentals

CHBO Corporate Housing Real Estate Reports

Corporate Housing by Owner, Inc (CHBO) performs an annual survey to the independent real estate segment of corporate housing and residential rental world. CHBO gathers the results to present the trends and data across this segment of rental.
 

What You Should Know About The Report

This report is different from other property management reports because it reflects input from independent owners and property managers, rather than full-service corporate housing companies. Our survey was open to anyone who owned or managed a furnished, monthly residential rental in 2015 – not just to CHBO users. Our goal is to get the best snapshot of the independent corporate housing segment, so you can learn from relevant trends and be more successful.
CHBO reports the 7th annual CHBO Corporate Housing Real Estate survey and finds corporate housing furnished landlords say 2016 is the year of division.  Monthly corporate housing rentals, a $2.7 billion industry, is not the same as vacation rentals and should not inadvertently be lumped into that lodging segment.

To see the difference between corporate housing and vacation rentals, just look at the renter’s length of stay.  The finding of this report states that 6 out of 10 respondents say their last tenant stayed for three months or longer. Fifteen percent (15%) say their last tenant stayed for one year or longer. At an all-time high in 2015, 78% of respondents say they would only rent their property for 30 days or more.
 
According to The Corporate Housing Providers Association (CHPA), “Corporate housing is fundamentally different from other types of short-term rentals. This well-organized industry provides a valuable service to businesses, employees and others in need of temporary housing while having a sizable economic impact on the communities where it operates. It is important that policymakers and officials understand the industry’s importance and are cognizant of its particular characteristics and value when creating and implementing short-term rental policies.”

Eric Smith, President of CHBO says, “there continues to be a strong need for professional corporate housing real estate rentals from independent property owners and managers. And personally, I believe the clients who need this type of lodging are very different from those who want a shared rental or an extended stay hotel. Think about the difference between buying a new car from a dealership versus buying a used car from an individual. These are transactions for two types of customers with very different needs. Likewise, a relocating professional who has a high paying, high pressured job and needs to relocate his or her family of five to a new city is looking for corporate housing from a professional.” 

Corporate Housing by Owner, Inc (CHBO) has performed an annual survey for our property owners since 2011. Owner and Founder, Eric Smith, feels these statistics are vitally important for our property owners to give and receive back as a whole so they can feel confident with their investment as well as have statistical data to support any changes/updates that need to be made.
 
What You Should Know About This Report

Our goal is to monitor, analyze and relay any relevant trends so that our property owners can be more successful. CHBO is only as successful as our owners. 

CHBO reports the 8th annual CHBO Corporate Housing Real Estate survey and finds corporate housing furnished landlords say 2016 is the year of division.  Monthly corporate housing rentals, a $2.7 billion industry, has finally evolved into its only segment of housing. After decades of proving to be a solution to a much needed demand, CHBO has been able to offer a piece of this to its property owners for investment purposes. According to The Corporate Housing Providers Association (CHPA), “Corporate housing is fundamentally different from other types of short-term rentals. This well-organized industry provides a valuable service to businesses, employees and others in need of temporary housing while having a sizable economic impact on the communities where it operates. It is important that policymakers and officials understand the industry’s importance and are cognizant of its particular characteristics and value when creating and implementing short-term rental policies.”

Eric Smith, Owner of CHBO says, “We feel these surveys provide a factual point of reference for our property owners. Knowing all the trends, from the bigger points like location and property size down to the small details of the rental agreement are the key pieces that make our already unique market capitalize. We want the feedback from our owners, good or bad, so that we can continue to evolve as a company and platform that will place our owners right where they need to be.” 

 

Corporate Housing Reports over the years

Click the covers below to view and download the report.
2009 CHBO Corporate Housing Real Estate Report2010 CHBO Corporate Housing Real Estate Report2011 CHBO Corporate Housing Real Estate Report2012 CHBO Corporate Housing Real Estate Report2013 CHBO Corporate Housing Real Estate Report2014 CHBO Corporate Housing Real Estate Report2015 CHBO Corporate Housing Real Estate Report       corporate housing by owner report 2019

Corporate Housing News

About the Independent Corporate Housing Real Estate Segment: Property Management Trends

Property Management Trendsd Management: Corporate Housing Rental Property We asked respondents to tell us how they manage their rental properties. In read more

City Spotlight: The Best and the Brightest Corporate Housing is in Portland, Oregon

Portland is known as a place where the housing market is either shooting up into the sky and beyond or crashing to the ground. However, as of 2018, th read more

Enjoy a Home-Like Downtown Boise Furnished Rental

Why settle for an extended stay hotel or a smaller rental when this Boise furnished rental is an option available to business or leisure travelers. A read more

About the Independent Corporate Housing Real Estate Segment: Rental Rates

Variance: Changes in Rental Rates We asked respondents to evaluate their current rental rates compared to the previous year for the exact same rental read more

An Optimal Scottsdale Executive Rental Improve Your Extended Stay

Whether you need a Scottsdale executive rental for an extended work visit to the region, for medical purposes, relocation or even a lengthy holiday, t read more

View more news
Contact us

GET IN TOUCH

*
*
*
*
*
*
*