January 10, 2018
The trend toward longer term Corporate Housing Rentals continued in 2017, buoyed by further restrictions on nightly rentals by private owners in hot real estate markets nationwide. The findings of this survey can help property owners and representatives better understand how to position themselves in the growing market segment of monthly furnished housing.
Corporate Housing By Owner (CHBO) is announcing the launch of its 9th annual Corporate Housing Real Estate Survey, marking the trends, standards and needs for monthly furnished lodging solutions. The myriad management responsibilities involved in nightly rentals are leading owners to prefer longer term rentals to corporate tenants and relocating professionals. CHBO is inviting both independent property owners and managers of corporate housing rentals to complete the survey online at corporatehousingbyowner.com or by clicking “Take the Survey” below. Data will be collected through February 15, 2018 and findings will be reported shortly after. All participants will receive FREE access to the final survey results.
Understanding the trends, exposed in this annual survey, can help you better compete in the changing landscape of the corporate housing marketplace. Staying ahead of, and predicting, changes means landlords can maximize the return on their investment dollars, while corporate tenants can enjoy an enhanced experience during their stay.
The 9th annual CHBO Corporate Housing Real Estate Survey will provide important insights such as:
- Pricing trends
- Average security deposit fees
- Required length of stays
- Pet policies
- Landlord forecasts
“Average stays are typically over 3 months on CHBO. However, we have found the monthly stays to be the current trend in furnished housing.” says Eric Smith, President of CHBO.