What You Should Know About The Report
This report is different from other property management reports because it reflects input from independent owners and property managers, rather than full-service corporate housing companies. Our survey was open to anyone who owned or managed a furnished, monthly residential rentals. Our goal is to get the best snapshot of the independent corporate housing segment, so you can learn from relevant trends and be more successful.
According to The Corporate Housing Providers Association (CHPA), “Corporate housing is fundamentally different from other types of short-term rentals. This well-organized industry provides a valuable service to businesses, employees and others in need of temporary housing while having a sizable economic impact on the communities where it operates. It is important that policymakers and officials understand the industry’s importance and are cognizant of its particular characteristics and value when creating and implementing short-term rental policies.”
Our goal is to monitor, analyze and relay any relevant trends so that our property owners can be more successful. CHBO is only as successful as our owners.
Eric Smith, Owner of CHBO says, “We feel these surveys provide a factual point of reference for our property owners. Knowing all the trends, from the bigger points like location and property size down to the small details of the rental agreement are the key pieces that allow us to capitalize on our already unique industry. We want feedback from our owners, good and bad, so that we can continue to evolve as a company providing a platform that will place our owners right where they need to be.”
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