We have talked before about the benefits of serviced accommodation when compared to Airbnb stays. But how does it compare to standard lets? This month, the Arte Stays team explains the main differences between corporate housing (or serviced accommodation), and standard lets, and we explain the benefits of corporate housing for business travellers.
Typically, both corporate housing and standard lets offer houses and apartments to rent. Although they are two sides of the same coin, there are distinct difference that make each of them suitable for different types of client.
The benefits of corporate housing for business travellers
Home from home
If you are a business traveller, although your employer should ensure your wellbeing, they need to make sure there are no distractions from the main reason for your visit. You are there primarily to work.
Therefore, corporate housing or serviced accommodation offers a one-stop solution. All the guest has to do is arrive and unpack. Everything else is taken care of. For example, Arte Stays properties in east London offer a number of services to ensure that every stay is hassle-free, including:
A personal greeter and a guest service team
Dedicated housekeeping
Fully furnished accommodation
Fresh bed linen, towels and toiletries
Fully equipped kitchen
High-speed internet
All-inclusive bills
Flexible contracts
However, this is not the case for standard lets where the majority of properties are either partly furnished or unfurnished. Tenants are expected to bring their own kitchen equipment, furniture, soft furnishings, entertainment systems and bed linen/towels. What’s more, tenants are obliged install and pay for utilities, council tax etc. This can be problematical for business travellers who often require accommodation on a flexible basis for short-term stays (up to three months) or may need to find a property quickly.
Value for money
Although at first glance, corporate housing or serviced accommodation may appear more expensive than standard lets, once the amenities and facilities outlined in the previous section have been factored in, they provide excellent value for money and are certainly cheaper than hotel stays.
With serviced accommodation, furniture, furnishings, equipment, generals running costs and housekeeping are normally included in the rent.
Moreover, the flexibility of booking and cancellation terms for corporate housing means business travellers can concentrate on work, without the hassle of paying for extras. In contrast, renting standard lets can be a time-consuming undertaking requiring:
Weeks of searching for somewhere suitable
The extra charges make it difficult to remain in budget
Provision and checking of references
Waiting for contracts to arrive
Choosing, delivering and installing furniture and other amenities
You can find out more in our rental readiness checklist blog.
The benefits of corporate housing for business travellers
In summary, the benefits of corporate housing for business travellers are:
Fully furnished with the comforts of home
Kitted out with standard amenities e.g., white goods, TVs, high speed Wi-fi
Utilities included
Provision of housekeeping
Flexible rental terms
On-site maintenance support
Safety and security e.g., alarmed entrances/concierge
Dedicated guest or customer services team for speedy resolving of issues
In contrast, although standard lets provide basic options at an initial lower cost, tenants have to factor in utilities, furnishings, white goods and other equipment. This type of let is therefore better for long-term renters willing to take on the day-to-day running of the property themselves.
At Arte Stays, we pride ourselves on our customer service by ensuring every client has a happy and hassle-free stay in our serviced accommodation properties in east London.
We hope that this blog about the benefits of corporate housing for business travellers, has answered your questions. However, if you would like to discuss your options with us, why not call our friendly team? With more than ten years’ experience in providing serviced accommodation, we are confident we can help you to find the perfect property from our growing portfolio of corporate housing.
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