Short Term Rentals
Short-term rentals are the perfect medium between hotel accommodations and signing a long-term apartment lease. Short-term rentals combine the flexibility that comes with a hotel and the comfort, space and privacy that comes with an apartment. It’s a powerful pairing that makes sense for a variety of business travelers.
What comes standard with a short-term rental, and what do they offer that hotels don’t?
A short-term rental is ideal for professionals and families that require an extended stay in another city but don’t want to commit to more than a few months. Short-term rentals are fully furnished apartments that are usually lived in for a few months at a time. A minimum 30-day stay is expected at most properties, but no hotel tax is levied, so the renter enjoys some financial benefits, too. There are many reasons why a professional or family might require a short-term rental, but no matter the reason, they are usually found through a service that links the renter to the ideal property.
A short-term housing locator is more than a middleman because it’s not easy to track down a short-term rental without help. Most short-term rentals are only lightly advertised, if at all. It’s far easier for a property owner to partner with a service that connects them to the renter, so most owners don’t bother marketing their residences directly to the consumer.
In the end, it’s the consumer that wins. Short-term rentals are categorically superior to other residential solutions, including hotels or extended stay facilities. And with a residential solutions provider, renters can expect several perks beyond the typical short-term rental.
Short stay, long list of perks!
With an experienced corporate housing provider, renters get double the benefits. In addition to the extra space and comfort that comes with a short-term rental, additional services may also be available, including:
- Twice the space of a hotel room – Hotels are designed for space efficiency, not comfort. There’s no room to work, no kitchen to prepare food and no storage space to speak of. Short-term rentals are apartments, so they are more than twice the size of a standard hotel room. A short-term rental will even dwarf a room in a high end, extended stay hotel. That extra room is dedicated to a kitchen, a living room, a dedicated work area and a larger bedroom, among other things.
- Better privacy and security – Apartments are always going to offer greater privacy than a hotel, where constant movement in and out of the building is required for basic needs, like meals and laundry. This exposes the hotel tenant to safety issues. Short-term rentals support self-sufficiency, as the renter has everything they need available to them. There’s no need to make late night laundry or food runs.
- Everything is provided – Most hotels provide the bare minimum to their guests, expecting them to be in and out in a day or two. Short-term rentals are fully furnished and provisioned, supporting tenants over weeks or months. This includes housewares, kitchen appliances and utensils. All the renter needs to bring is their clothes and personal effects.
- Close to it all – Most communities with short-term rentals are located near city centers and major freeways. Business professionals often need this immediate access to the city’s arteries, particularly if they are expected to visit multiple facilities in the same city. Tracking down useful businesses like restaurants and department stores won’t be an issue, and for families that intend on staying for a while, short-term rentals are typically near schools and hospitals as well.
- Leasing flexibility – It’s hard to find a rental that will work with a short-term guest. This poses a challenge to professionals or families that have an up-in-the-air timeline. Projects can resolve out of nowhere, and that dream house might appear on the market overnight. Short-term rentals give tenants a quick escape plan, and if this plan needs to be modified, that can be done.
- Additional amenities – Short-term rentals are feature-packed, with laundry appliances in unit, provided utilities and executive furniture options. Some companies also provide their guests with housekeeping every other week, which is a relief for busy professionals. And if something else is needed, there is a guest line available to renters.
- Stay just about anywhere – Short-term rentals are available throughout the U.S. and can be found in most major cities. This is the ideal solution no matter where one needs to go.
- More affordable than extended stay options – Such a feature-laden residential solution must be expensive, right? Actually, short-term rentals tend to save the tenant money compared to an extended stay hotel of similar quality. Hotels charge an occupancy tax after staying for 30 days, and their rates are geared toward visitors that will only be around for a few days. Further, without a kitchen in the unit, hotels force their guests to spend extra money on eating out. That’s a quick way drain a budget.
Short-term rentals are ideal for busy professionals that prefer high-end furnishings, more space and multiple amenities.