Skip to content

May 15, 2013

3

Corporate Housing is an Extended Stay Alternative in Boston, MA and Across the Nation

by AvenueWest Managed Corporate Housing

A recent article in The Boston Globe by Katie Johnston found that Boston’s short-term housing market is on the rise since more patients, relocating professionals, traveling nurses, etc. find that staying in a fully furnished apartment is much nicer than staying in a hotel for an extended period of time. After all, staying in an apartment which is residential in nature vs. a hotel which is transient is going to make your stay that much more comfortable. Plus, most corporate apartments include a fully stocked kitchen, cable, internet, phone service, secured building, amenities, etc. all for one great rate.

Short-Term Housing Boston

Extended Stay properties are on the rise in Boston, MA and across the nation. Why not stay in a fully furnished corporate apartment for your next short-term stay?

According to Smith Travel Research, Inc. – a hotel research company based in Tennessee – extended stay properties grew 4x faster than all other hotels from 2007-2012. In Boston, the amount of extended stay properties grew twice as fast as available hotel rooms.

Patrick Flynn Owner of Northeast Suites/AvenueWest Boston

Meet Patrick Flynn, the owner of Northeast Suites/AvenueWest Boston.

Our newest franchise owner, Patrick Flynn, of Northeast Suites/AvenueWest Boston was featured in this article: “Increased hiring by biotechnology and pharmaceutical companies is adding to the demand as new employees look for permanent housing.” More companies are relying on contractors to get the job done in a matter of weeks or a couple months. Short-term housing is a better alternative than staying at a hotel during this time. Currently, Patrick has about 120 fully furnished apartments in the Boston metro area and 80+ across the nation. He expects his revenue to double to more than $3 million this year with the influx of people needing short-term, fully furnished apartments.

There is a large number of European guests needing temporary housing while they receive treatment at nearby hospitals in Boston. A recent study conducted found that the US Food and Drug Administration is approving cancer drugs faster than European regulatory agencies. Many clients come over to Boston to seek the newest cancer treatments that are currently unavailable in their counties.

The rise in extended stay properties nationwide means there is a greater demand for short-term temporary housing. Why not choose a corporate housing unit for your next short-term stay? These can be true home-away-from home properties that make you more comfortable while getting adjusted to your new city.

AvenueWest Boston & Northeast Suites Bedroom

This is the bedroom from one of AvenueWest Boston/Northeast Suites fully furnished corporate apartments. Is it nap time yet?

Advertisements
3 Comments Post a comment
  1. May 16 2013

    Great Article. At Furnished Quarters we see the same trends and receive similar feedback from our guests. Good luck Patrick.

    Like

    Reply
  2. Reblogged this on southernhospitalitydotcom.

    Like

    Reply
  3. David L. Schiavone
    Jan 27 2014

    It was a great read! Thanks Janine! Staying in luxury apartment with cheap rates are the best thing compared to expensive hotels.I always prefer corporate housing as it gives more privacy and security.Whenever im in toronto. i used to hire the corporate hosuing facility of mac suites,macsuites.ca.They provide good quality accomodation in cheap prices.

    Like

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Note: HTML is allowed. Your email address will never be published.

Subscribe to comments

%d bloggers like this: