When looking for temporary accommodations, you may come across terms such as “midterm rental” and “corporate housing.” Although they may seem similar, there are distinct differences between the two. Understanding these dissimilarities can help you choose the best option for your needs.

Midterm Rental

A midterm rental is a furnished rental property leased for a period typically ranging from one to six months. These rentals bridge the gap between short-term stays, such as those on Airbnb, and long-term leases.

Typical Tenants

Midterm rentals are ideal for:

– Professionals on extended business trips 

– Relocating families

– Students and interns

– Seasonal workers

 

Features

Midterm rentals usually include:

– Fully furnished units

– Utilities and internet

– Flexible lease terms

 

Corporate Housing

Corporate housing is a specific type of midterm rental that primarily caters to business professionals and is available for stays ranging from one month to a year.

 

Typical Tenants

Corporate housing is tailored for:

– Business travelers

– Corporate relocations

– Consultants and contractors

 

Features

Corporate housing usually offers:

– Luxury and comfort

– Comprehensive services

– Convenient locations

 

Key Differences Between Midterm Rentals and Corporate Housing

1. Purpose and Target Audience

– Midterm Rentals: Cater to a broader audience and are more flexible and versatile in terms of tenant types.

– Corporate Housing: Specifically designed for business professionals, focusing on providing a seamless living experience.

 

2. Level of Service and Amenities

– Midterm Rentals: Typically offer basic furnishings and amenities.

– Corporate Housing: Provides a higher level of service, including regular housekeeping and access to luxury amenities.

 

3. Cost and Lease Flexibility

Midterm Rentals: Generally more affordable and offer flexible lease terms.

Corporate Housing: Often more expensive due to added services and amenities, with less flexible lease terms.

 

Cost Comparison

The average cost of corporate housing in the U.S. is about $150 per day, compared to $75-$125 per day for midterm rentals.

Duration

Corporate housing stays average around 83 days, while midterm rentals can range from one to six months.

In conclusion, while both midterm rentals and corporate housing provide temporary accommodations, they cater to different needs and audiences. Midterm rentals offer flexibility and affordability for a diverse group of tenants, whereas corporate housing focuses on providing high-quality, service-oriented accommodations for business professionals. Understanding these differences can help you choose the right option for your specific situation. Ready to find the perfect accommodation for your needs? Let’s help get you set up.

 

Business travel can be exhilarating, but can also be quite exhausting. Between meetings, presentations, and networking events, it can get overwhelming. To ensure you are not overwhelmed, Finding a comfortable and convenient place to stay is crucial. That’s where corporate housing comes in. Let’s examine why corporate housing is the perfect solution for business travelers. 

Comfort Like Home 🏠

One of the biggest advantages of corporate housing is the comfort it offers. Unlike a hotel room, corporate housing provides a home-like environment with spacious living areas, fully equipped kitchens, and separate bedrooms. This setup allows business travelers to unwind after a long day and even cook their meals, providing a sense of normalcy and relaxation.

Cost-Effective Solution 💰

Staying in hotels for extended periods can be expensive. Corporate housing offers a cost-effective alternative, especially for long-term stays. With all-inclusive pricing, there are no hidden fees for amenities like Wi-Fi, parking, or laundry. This transparent pricing model helps businesses manage their travel budgets more efficiently.

Ideal Locations 🗺️

Corporate housing properties are often located in prime areas, near business districts, and essential amenities. This strategic placement reduces commute times and makes it easier for travelers to access restaurants, shops, and entertainment options. At Norton Property Services, we ensure their properties are conveniently located to meet the needs of busy professionals.

Enhanced Privacy and Flexibility 🚪

Privacy is another significant benefit of corporate housing. Unlike hotels where you share common areas with other guests, corporate housing offers a private space to work, relax, and entertain guests without interruptions. The flexibility to choose the type of accommodation that suits your needs—from studio apartments to multi-bedroom units—adds to the appeal.

Fully Furnished and Ready to Go 🛋️

Corporate housing comes fully furnished with high-quality furniture and modern appliances. Business travelers can move in with just their suitcase and immediately feel at home. Everything from bedding to kitchenware is provided, ensuring a hassle-free experience.

Reliable High-Speed Internet 🌐

In today’s digital age, reliable high-speed internet is non-negotiable for business travelers. Corporate housing units are equipped with fast and secure internet connections, making it easy to work remotely, attend virtual meetings, and stay connected with colleagues and family.

Community and Networking Opportunities 🤝

Staying in corporate housing often means being part of a community of like-minded professionals. This environment can provide networking opportunities and a sense of camaraderie among residents. All of our properties also offer amenities like fitness centers, swimming pools, and social areas where you can relax and meet others.

Personalized Service and Support 🛎️

Many corporate hosting facilities offer personalized service to ensure a smooth and enjoyable stay for guests. From our customer support to maintenance services, business travelers can count on prompt assistance whenever needed. This level of support can make a significant difference, especially for those new to the area.

In conclusion, Corporate housing is more than just a place to stay; it’s a comprehensive solution that enhances the business travel experience, you can enjoy the perfect blend of comfort, convenience, and community. So, next time you’re planning a business trip, consider the many benefits of Norton Property Services and make your stay exceptional. Ready to book your stay? Visit Norton Property Services today and discover your perfect home away from home! 🌐

Spending 2-3 months in the delightful town of Cary, North Carolina? Lucky you! Cary is filled with a variety of attractions that cater to nature lovers, art enthusiasts, history buffs, and more. Dive into our curated list of the top 10 must-visit extended stay attractions in Cary NC to make the most of your extended stay.

1. 🍃 Fred G. Bond Metro Park

Location: 801 High House Road, Cary, NC 27513
Contact: (919) 469-4100
Website: Town of Cary Parks
Covering over 300 acres, Fred G. Bond Metro Park is a haven for outdoor enthusiasts, offering a plethora of activities from hiking and fishing to sports and picnics. The park’s centerpiece, Bond Lake, provides a scenic backdrop for boating or a tranquil stroll. Don’t miss the various community events and outdoor concerts hosted here throughout the year.

2. 🎨 Cary Arts Center

Location: 101 Dry Avenue, Cary, NC 27511
Contact: (919) 469-4069
Website: Cary Arts Center
Situated in the heart of Cary, the Arts Center is a vibrant hub for creativity, showcasing local and regional artists through exhibitions, performances, and classes. The historic building itself, formerly Cary High School, adds a touch of charm and nostalgia. Whether you’re looking to appreciate art, catch a live performance, or partake in a workshop, the Cary Arts Center has something for everyone.

3. 🌲 Hemlock Bluffs Nature Preserve

Location: 2616 Kildaire Farm Road, Cary, NC 27518
Contact: (919) 387-5980
Website: Hemlock Bluffs
Escape to nature at Hemlock Bluffs Nature Preserve, a unique environment home to a rare stand of Eastern Hemlock trees. Explore the walking trails, enjoy the scenic overlooks, and visit the Stevens Nature Center for educational exhibits and programs. This tranquil retreat offers a peaceful respite and a chance to connect with nature.

4. 🏙 Downtown Cary

Location: S. Academy St., Cary, NC 27511
Website: Downtown Cary
Downtown Cary is a delightful blend of old and new, where historic buildings meet contemporary art installations and eclectic shops. Take a leisurely stroll, indulge in diverse culinary offerings, and catch live music or a community event at the Downtown Park. The vibrant atmosphere and community spirit make Downtown Cary a must-visit destination.

5. 🎵 Koka Booth Amphitheatre

Location: 8003 Regency Pkwy, Cary, NC 27518
Contact: (919) 462-2025
Website: Koka Booth Amphitheatre
Nestled beside Symphony Lake, the Koka Booth Amphitheatre is Cary’s premier venue for outdoor concerts and events. From national touring acts to local performances and cultural festivals, the amphitheatre’s diverse lineup ensures there’s something for everyone. Enjoy a show under the stars in this picturesque setting.

6. 🏛 Cary Heritage Museum

Location: 119 Ambassador Loop, Cary, NC 27513
Contact: (919) 460-4963
Website: Page-Walker Arts & History Center
Delve into Cary’s past at the Cary Heritage Museum, located in the historic Page-Walker Arts & History Center. Through a variety of exhibits and artifacts, the museum chronicles the town’s development and highlights significant moments in its history. It’s a fantastic opportunity to gain insight into the people and events that shaped Cary.

7. 🚴 Cary Greenways and Trails

Website: Cary Greenways
Cary’s extensive network of greenways and trails provides the perfect setting for biking, jogging, or a leisurely walk. These well-maintained paths connect neighborhoods, parks, and natural areas, offering a scenic and safe way to explore the town. Don’t miss the popular Black Creek Greenway, stretching for nearly 8 miles and linking to Lake Crabtree County Park.

8. 🕌 Sri Venkateswara Temple

Location: 121 Balaji Place, Cary, NC 27513
Contact: (919) 468-0040
Website: SV Temple NC
Experience the spiritual and architectural beauty of the Sri Venkateswara Temple, a Hindu temple known for its intricate carvings and serene atmosphere. Visitors are welcome to explore the temple grounds and participate in the daily rituals and special festivals. It’s a unique opportunity to learn about Hindu culture and traditions.

9. ⚽ WakeMed Soccer Park

Location: 101 Soccer Park Drive, Cary, NC 27511
Contact: (919) 858-0464
Website: WakeMed Soccer Park
Feel the thrill of live soccer at WakeMed Soccer Park, home to the North Carolina FC and the North Carolina Courage. With its top-notch facilities and passionate fan base, attending a game here is an exhilarating experience. Check the teams’ schedules to catch a match during your stay.

10. 🍻 Local Breweries and Eateries

Cary’s culinary scene is booming, with a wide array of breweries, restaurants, and cafes showcasing local flavors and ingredients. From craft beers to gourmet meals, there’s something to satisfy every palate. Don’t miss the chance to indulge in the town’s diverse food and drink offerings.

With its blend of natural beauty, cultural attractions, and vibrant community, Cary offers a wealth of experiences to enrich your extended stay. Enjoy exploring all that this charming town has to offer!