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Corporate Housing
Corporate housing is a term in the travel industry meaning renting out a furnished apartment, condo, or house on a temporary basis to individuals, military personnel, or corporations as an alternative to a traditional hotel or an extended hotel stay. According to Corporate Housing Providers Association (CHPA), the industry’s tradeorganization, corporate housing revenue was $2.36 billion in 2009 and $2.47 in 2010. The corporate housing industry has been a significant growth segment of the lodging industry for the past 20 years.
Corporate housing and extended stay hotels are two different types of accommodations.
Corporate housing typically offers larger square footage, costs less than hotels, offers full customer service, and is used for stays averaging one month or more (the average corporate housing stay is 83 days, according to the 2011 Highlands Group Corporate Housing report; more than 100 days for Managed Corporate Housing Companies and 13% of CHBO property owners report their properties were rented for a year or longer, according to the 2012 “by Owner” Annual Report).
Corporate housing provides complete temporary housing solutions within a stable residential setting unlike extended stay hotels, which are surrounded by an open parking lot and are filled entirely by transient guests.
The apartment units managed by corporate housing companies are furnished and the corporate housing companies rotate clients in and out of the furnished apartments and clean them between guests.
San Carlos Park
San Carlos Park is a census-designated place (CDP) in Lee County, Florida, United States. The population was 16,317 at the 2000 census. It is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area.
San Carlos Park is located at 26°28′28″N 81°48′56″W (26.474458, -81.815467).[3]
According to the United States Census Bureau, the CDP has a total area of 5.1 square miles (13 km2), of which 4.9 square miles (13 km2) is land and 0.2 square miles (0.52 km2) (4.15%) is water.
As of the census[1] of 2000, there were 16,317 people, 5,901 households, and 4,449 families residing in the CDP. The population density was 3,360.5 people per square mile (1,296.3/km²). There were 6,580 housing units at an average density of 1,355.2/sq mi (522.7/km²). The racial makeup of the CDP was 93.84% White, 1.26% African American, 0.34% Native American, 0.70% Asian, 0.01% Pacific Islander, 2.31% from other races, and 1.54% from two or more races. Hispanic or Latino of any race were 8.14% of the population.