Corporate housing — exactly how you want it.

Corporate housing is a short- or long-term housing option that is most often paid for by an employer rather than an employee. It can also be referred to as executive housing, business housing, business apartments, serviced apartments, temporary housing, or short-term housing.

Corporate housing is a popular and more affordable alternative to hotels and often used by companies to house employees for relocations, projects, assignments, and business meetings.

Corporate housing is also particularly useful for business consultants, traveling nurses, and contract workers.

The cost of corporate housing varies by location and seasonality, but generally-speaking the rate will decrease the longer you plan to stay in the apartment. However, corporate housing apartments through Homelike can be significantly cheaper than hotels, often saving the corporates between 40 and 60%, and even up to 81%!

Normally employers pay for corporate housing. If your company’s travel manager arranges your trip, they will take care of the payment as well. However, it’s also common for the traveler to book themselves by paying first and then being reimbursed by your employer later.

At Homelike, corporate rentals provide all the essentials business travelers expect for a comfortable stay, including beds, bedroom linens, furniture, a fully-equipped kitchen, a workspace, high-speed internet, and a washing machine/service. Quite often our corporate apartments also include toiletries, iron, hairdryer, heating/cooling, and bathroom towels.

What’s more, with Homelike’s Enhanced Hygiene Initiative you can see the various health and safety measures that have been put in place by the landlord in the respective highlight section of the apartment listing. All you need to bring is your suitcase and move into your new home away from home.

Utilities are included in the package when you book with Homelike—making corporate housing a simpler option than subletting. Other optional services can be added to your booking if listed, but ultimately you can feel assured that there won’t be any surprises. To help travelers settle in with ease, high-speed Internet comes as standard, and some apartments may also provide a TV with access to Netflix.

Homelike offers corporate housing from 30 days to two years and beyond, so corporate travelers have ultimate flexibility. Depending on the purpose of the stay, we find corporate travelers typically stay for one to three months with the option to extend their stay if required.

In many cases, the cost of corporate housing is considered a taxable fringe benefit for the employee, and a business expense for the employer. However, it is advised you consult with your accountant or tax professional for the specific rules related to your country of residence.