Corporate Apartment Rentals In Toronto
Business and Consultants
If you’re going on a three-day work trip, you probably just book a room at a hotel that offers business-friendly amenities and perhaps some entertainment options.
But for those with jobs that require extended stints in unfamiliar locales, hotels may not be the best choice. They never quite feel like home and living the hotel lifestyle can get expensive – for the business traveler and for the company.
There is, however, another option: Olivia’s Housing.
Corporate Rents in Toronto
Olivia’s Housing offers fully furnished, serviced housing available to rent on a temporary basis. All you need to bring is your suitcase and food for the fridge. Olivia’s Housing specializes in corporate apartment rentals throughout Toronto.
You might also hear corporate housing referred to as corporate apartments, executive apartments, serviced apartments, temporary housing or short-term housing.
Average stays in corporate apartment rentals are two to three months – quite a bit longer than a typical business trip.
Corporate housing often is located in apartments or condominiums.
Traditionally, business travelers were the main users of corporate housing. Think of someone assigned to train a remote client or a team getting a new project off the ground in a field office. However, corporate lodging has since gained popularity with a broad cross-section of people in need of medium-term accommodations.
Business travelers still use corporate housing, as do government employees on extended assignments. Corporate housing is particularly useful for relocating employees, especially corporate executives. In fact, the Corporate Housing Providers Association reports that relocation is the reason for the extended stay 40% of the time.
Relocating employees might live in corporate apartment rentals temporarily to try out a neighborhood or while selling their old house or finding a new house. There’s no pressure to buy or rent a new home immediately. And if a new city or position turns out not to be a good fit, there’s no lease to break.
Some of the most common industries for corporate housing clients include:
Healthcare, such as travel nurses and medical researchers.
Entertainment, such as stage performers and film crews.
Energy, such as oil and gas exploration workers.
Professional services, such as consultants.
Government and military, such as reassigned service members.
Manufacturing and construction, such as project managers.
Finance and banking, such as auditors.
Technology, such as contracted programmers.
Why Choose Corporate Apartment Rentals in Toronto?
Corporate housing has also become popular for interns, both medical interns, and business interns. Rather than going to the trouble of arranging for utilities, furniture, and housewares, they can simply pay one fee that takes care of everything.
Homeowners temporarily displaced by a fire or other disaster may also occupy corporate housing. In these situations, insurance companies shoulder the cost of putting claimants up in a housing of “like kind” while their homes are being repaired.
What Are the Benefits of Corporate Housing for the business and consultant?
Corporate housing units often are in apartment buildings near major employers.
One might think of corporate housing as a happy medium between a hotel stay and renting a furnished apartment.
Like a house or apartment, corporate housing offers a high level of privacy and features many of the comforts of home. After all, there’s no need to dine out or order room service every night since most short-term rentals feature a full kitchen with pots, pans, dishes, and utensils. And unlike many extended-stay hotels, corporate housing typically is located in a residential setting.
Find the Corporate Rental You Need Today!
Call us today to reserve your furnished corporate apartment rental in Toronto: