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Comparison of Corporate Housing and Extended Stay Hotels |
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Many of our users ask what corporate housing is, and how this temporary lodging option
differs from an extended stay hotel. The first thing to note is that corporate housing is available to anyone, with or without "corporate"
ties.
In terms of cost, a 30-day stay at an upscale extended stay hotel (with monthly discount rates) averages about 20% higher than typical
corporate apartments leased on a month-to-month basis. The higher cost is due in part
to the impressive array of services available at the extended stay hotels. However, if saving money is the most important consideration, then
budget extended stay hotels (e.g. Studio 6 or
Suburban Extended Stay, with very limited amenities and services) are
usually the best option.
On its part, furnished corporate housing benefits from being
highly-customizeable. However, special requests often do increase the cost.
Below, you will find an unbiased comparison of corporate housing and extended stay hotels to help judge the pros and cons of each. To provide a
meaningful comparison with typical short-term corporate housing options, we refer to features at popular upscale extended stay hotel chains, such as Marriott's
Residence Inn, InterContinental's Staybridge Suites, Hyatt House and Hilton's Homewood Suites.
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| Feature |
Corporate Housing |
Upscale Extended Stay Hotel |
|---|
| Washer/Dryer |
Onsite, and often in unit |
Onsite, but not in the suite |
| Laundry/Valet Service |
Sometimes |
Yes |
| Garage Parking |
Often available |
Available only in urban high-rise hotels |
| Choice of Furnishings |
Yes |
No |
| Free Breakfast Buffet |
No |
Daily |
| Free Evening Manager's Reception |
No |
Monday - Thursday |
| Housekeeping |
Varies; usually weekly or biweekly |
Daily |
| Grocery Shopping Service |
Occasionally available, but for added cost |
Often available, and usually free |
| Swimming Pool |
Yes |
Yes |
| Fitness Center |
Yes |
Yes, but usually quite small |
| Tennis Courts |
Sometimes |
No |
| Basketball Court |
Sometimes |
Yes ("sport court") |
| Racquetball Courts |
Sometimes |
No |
| 24-Hour Reception (i.e. "Front Desk") |
No |
Yes |
| Private Mailbox |
Yes |
No |
| Loyalty Program |
Rarely |
Yes |
| High-Speed Internet Access |
Usually free |
Usually free |
| Pets Allowed |
Usually |
Usually |
| Housewares Included |
Yes, and customizable |
Yes, but limited |
| Utilities Included |
Yes |
Yes |
| Free Local Telephone Calls |
Yes |
Sometimes |
| Tax-Free |
Usually (for stays of 30+ days) |
No |
| Minimum Stay |
Usually 30 days |
None |
| City Center Locations |
Abundant |
Few |
| Suburban Locations |
Abundant |
Abundant |
SUMMARY: If you need a place to stay for less than a month, extended stay hotels may be your
only option. If you need lodging for more than a month, corporate housing lacks some useful services (e.g. a daily breakfast buffet), but will usually provide a
more comfortable and homelike atmosphere. This is partly due to the ability to customize your furniture and layout according to your own needs. For example, if you
are traveling with a baby, you can have your apartment equipped with a high chair, crib and playpen. A home office or home theater could also be arranged.
Another important consideration is location. The longer you will be staying, the more time you should spend comparing all the available options - both furnished housing
and extended stay hotels - to ensure you make the best choice.
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