Are you a travel manager tired of searching for housing to meet special requests—whether it’s large groups or strict location requirements? Our dedicated account managers help you find the perfect place tailored to your needs.
Ensuring the business traveller has a positive experience at every stage of the process. We provide solutions that are designed to make travel simpler and more efficient for all. In doing so, we endeavour to address the priorities of corporations, business travellers and the companies that serve them. Ensuring Duty of Care responsibilities are met. providing access to the best rates for business travel.
Corporate housing is fully furnished apartments or homes on a temporary basis. It's also known as executive housing. Corporate housing is a more affordable alternative to hotels, and often used by companies to house employees for relocations, projects, assignments, and business meetings. Corporate housing is particularly useful for business consultants, traveling nurses, and contract workers.
The average nightly rate for corporate housing ranges from $130 to $160, according to 2nd Address's data of one-bedroom and studio apartments. The rate varies by location and seasonality. Demand for temporary housing surges in the summer, leading to higher rates and tighter inventory. Corporate apartments can be significantly cheaper than hotels. Depending on location and hotel rating, you may save up to 60%.
Employers often pay for corporate housing. If your company's travel managers arrange your trip, they will handle payment as well. If you book for yourself, you may pay first and get housing reimbursements afterward.
Corporate rentals provide all the essentials necessary for a comfortable stay, including beds, bedroom linens, a fully equipped kitchen, laundry machines, etc. In most corporate suites, toiletries, washer/dryer, bathroom towels are also part of the deal. All you bring is your suitcase. If you live in a serviced apartment, you get the same services as a hotel, including routine cleaning, a doorman and paid TV.
Utilities are generally included in the package—making corporate housing a simpler option than subletting. To help travelers settle in with ease, high-speed Internet and paid TV is usually included as well.
Travelers typically stay for one to three months in corporate suites. Depending on the purpose of the trip, some stay for as long as a year while some stay for a few nights. Most corporate apartments offer flexibility and are available for short-term rentals, month-to-month leases, and long-term stays.
The cost of corporate housing is considered a taxable fringe benefit for the employee, and a business expense for the employer.
For employees, employer-provided housing is counted as a fringe benefit by the IRS. Fringe benefits count as taxable income. There are certain exceptions: 1) the lodging is for the convenience of the employer; 2) is on the business's premises; 3) and is provided as a condition of employment.
For employers, the government allows them to write off temporary employee housing as non-taxable business expenses. To qualify, the employer has to prove that the housing is for business-related purposes, and the provided lodging is outside the city where the employee lives. Also, the length of stay is less than a year.
At Justwalkin rooms, we’re bridging that gap by curating the finest corporate housing apartments, condos, and homes at rates up to 50% cheaper than an average hotel.
Corporate housing in India isn’t all drab bungalows and unkempt motel-style rental units. Justwalkin Rooms has reimagined the furnished living experience across many cities country wide by equipping our homes with stylish furnishings, housewares you’ll both need and want.
We understand that choosing India as your new home comes with its own lifestyle expectations. That’s why our listed apartments for business travel come with community amenities that celebrate ideal weather, like outdoor pools and locations near the beach. Select corporate housing options also come with on-site gyms, private patios and outdoor fireplaces.
Work assignments and production timelines get extended at a moment’s notice. That’s why Justwalkin Rooms monthly rentals appeal to a wide range of professionals who value our month-to-month leases. You can also move between our corporate rentals in India.
By the second week of an extended stay hotel booking in India, you’re likely better off renting an apartment. Not only will you see cost savings in your relocation expenses but your Indian-based team member gains the calm of a homey apartment, premium building amenities, and a location in one of the city’s liveliest areas.