St. Louis Corporate Housing Your Home Away From Home | Page 3
Overview Of Corporate
Housing In St. Louis
Corporate Housing, what is it?
It began as a housing alternative for employees of companies.
Business travelers have been the main users the service but the
dynamics are changing, the sector has expanded and so has its
market base. The service has mushroomed to include students,
interns, travel nurses, medical researchers, consultants, contracted
programmers, construction crew members, auditors, vacationers
among many others. The service can be used by basically anyone
traveling to another city for any type of business. Corporate housing
is, therefore, any fully furnished available for rent for short-term or
long-term stays.
How much do Corporate Housing costs?
According to the Corporate Housing Providers Association, the 2017
corporate housing industry report indicates that corporate housing in
the United States was an average $150 a day. The report further
indicates that the demand has increased steadily and relocation was
the main reason for using extended stay apartments followed by
project or training purposes. A one-bedroom apartment in St. Louis
starts at $99 a day, a two-bedroom apartment starts at around $129
per day, offering a range of amenities such as outdoor spa, in-
building parking, billiard rooms, lounge area and beautifully
furnished living areas