Corporate housing refers to any type of housing that offers fully furnished units for longer-term stays. Its name derives from the fact that corporate housing is often used primarily by companies to house employees for longer periods of time in order to save the cost of hotel bills. It can be used for people traveling to another city for business meetings or to house temporary employees or contract workers.
While corporate housing began as a housing option for company employees, the service has grown to include vacationers, students and people requiring short-term housing when moving. While the fees can be higher than one might first expect, the units are usually well-stocked with everything you need for a comfortable stay. Often they include parking, cleaning service and are centrally located to make commuting easier.