What is Corporate Housing?

• Fully furnished and equipped studio, one, two and three bedroom apartments.
• Well maintained properties providing residential living.
• Many convenient locations in and around major metropolitan areas.
• Double the square footage of hotel rooms and suite hotels.
• More cost-effective for companies for long-term housing needs.

Size of Industry

History
The corporate housing industry has been a significant growth segment of the lodging industry for the past 20 years.

By the Numbers

• Total industry revenue was $2.77 Billion in 2008.
  
• Average one-bedroom monthly rent is $3,510 ($117/night).

• An estimated 1,095 corporate housing operations in the United States.
  
• Approximately 73,385 U.S. corporate housing units on an average day.
  
• Average stay in corporate housing units is 80 days.
  
  

Serving All Industries
Industries served include government, consulting, healthcare, insurance, engineering, relocation, information technology, financial, and many others.

Serving All Needs

• Business travelers
• Relocating families
• Temporary real estate needs
• Insurance displacement

Source: The Highland Group Corporate Housing Industry Report 2009

Corporate Housing Industry Report - 2009
The most comprehensive source of information on corporate housing, this report is only $395. For a limited time, CHPA members receive $100 off!

To place your order, contact Connie Atkinson at catkinson@highland-group.net.