Executives are usually the ones who need to relocate for work or business purposes. Fortunately, there are executive rentals to fill their need for a place to stay and make them feel home away from home. As the years go by, more and more owners are converting their homes into executive rental properties considering that it’s a great source of income, especially if the property is situated in a prime location.
Short-Term Executive Corporate Housing
Executive rentals are also popularly known as corporate housing. These are fully furnished properties such as residential apartments, condo units, and private houses that can be rented on a non-permanent basis. Usually, the lease period for executive rentals is 30 days or longer. These are usually situated in commercial areas where the company buildings are found.
Furnished Rental Leasing from a Service Company
Some large corporations have a relocation department that handles executive rentals for its officers or employees. These departments look for temporary housing when one of the executives need to do business from a distant site. The department would then contact a furnished rental leasing service company that rents furnished apartments or executive rental properties. Through an agreement and based on the specific needs of the traveller, the service company would arrange everything for the executive’s temporary or long-term housing stay.
Nowadays, more and more property management business owners are taking on executive rental ventures. This gives more opportunities to service companies and more options for corporations that frequently send employees to another location for a remote assignment.
Advantages Over Hotels
The number one advantage of furnished executive rentals would be its cheaper cost. Corporate housing is more affordable and not like hotels where you will be charged night after night. Staying in an executive rental also feels more homey because it is usually equipped with furniture that is comfortable, convenient for comfort and work and the apartments are usually fully equipped with full kitchenware, cookware and appliances. No need to eat out and spend a lot on fancy restaurants like the ones you can find in hotels. They can prepare their own meals using the kitchen amenities made available for the guest. All that ensures that the person can make the most of their stay even if they bring just what’s needed for work.
Executives also enjoy having rooms that are more spacious than a hotel room so they lean towards executive furnished housing. The ambiance is also more relaxing and unpretentious – the kind that everybody needs after a day of tiring work when you just feel like putting your feet up!