Today, we're happy to formally launch our Business Stay Approved program, which makes it easier to find monthly furnished rentals that meet your business travel housing needs. We know that business travelers need a reliable, seamless experience. They also want a unique property that provides maximum comfort over extended stays of 30+ days. Homesuite Business Stay Approved properties provide the reliability of a hotel with the comfort and personality of a home.
Our landlords (and tenants for that matter) are always interested in furnished apartment pricing trends, especially when it comes to corporate housing. So we've crunched some fresh data to show some of the most and least expensive California towns for corporate housing on the Homesuite platform. As you browse the data below, you'll notice that we're using Price Per Bedroom. It should be noted that since 2+ bedroom apartments and houses tend to cost a lot less in rent per bedroom than studios/1BRs, the higher the multi-bedroom density in that particular town or neighborhood, the more affordable the Price/Bedroom will appear.
Business travel is changing quickly and a lot of that change is being driven by the explosion in the sharing economy. The use of home sharing sites like Airbnb is on the rise. The use of car sharing services like Uber and Lyft is on the rise. Corporate policy is not quite keeping up. The Global Business Travel Association did some great research highlighting the gap in what employees perceived is permitted by their companies' HR or travel teams versus what is actually permitted. Note that only 17% of corporate travel managers actually allow home-sharing in their travel policy.
So you are looking for a monthly hotel in sunny San Jose, California. Finding a monthly option can be tough, because most of what you will find out there is focused on nightly rentals or annual rentals. Fortunately, Homesuite focuses specifically on monthly rentals, so we are somewhat of an expert in the space. Let us give you an impartial list of the best monthly hotel options and alternatives in the San Jose area.
Topics: corporate housing
The San Jose area is home to many massive international businesses, such as Apple, Intel, Adobe, Cisco, Ebay, Netflix and others. These companies are bringing in thousands of new hires and temporary contract workers. Despite a booming economy, finding corporate housing can be a very difficult task. We at Homesuite have put together an overview of finding furnished apartments in San Jose to make it just a bit easier.
(Wondering what exactly the definition of "corporate housing" is? CHPA has a great explainer video here.)
How extended stay business travelers can find a great deal with Homesuite.
For many of our business travel customers, the money they save on housing for their employees goes straight to the bottom line. One of the reasons they love Homesuite is because of our affordability. Let me share some tips on how people are saving money with Homesuite. Many are renting in cities like San Francisco and Los Angeles and getting prices less than $50 per person per night for fully furnished places.
Corporate Housing Beats Out Hotels in Both Comfort and Price
Say you have a temporary work assignment in the San Francisco Bay Area for the month of June. Maybe it’s an internship, or you’re a traveling nurse, or you’re a construction contractor working on the new Salesforce tower. Any kind of business travel that requires a stay of 30 or more days. You’ll want a furnished place that feels like home.
Welcome to the finale of our 4-part series on maximizing your profits with monthly furnished rentals. We introduced the series with the goal of helping landlords maximize their profits. In the series thus far, we discussed about the importance of pricing your furnished rental. We also covered the financial cost of furnishing a property, and we showed how leasing your property monthly can recover these costs. Additionally, we compared the revenues generated from monthly and nightly rentals, and we explored how HomeSuite can help landlords make the most of their monthly furnished rentals.