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Rising hotel rates spur interest in interim housing.

Publication: Business Travel News
Publication Date: 31-JUL-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Just as business travel buyers increasingly are employing extended stay properties as an alternative to both full-service and midprice, select-service accommodations, they also are raising their use of corporate interim housing as another long-term option, providing corporate travelers with more comfort, familiarity and flexibility at digestible rates.

As hotel rates continue to swell, especially in major markets, corporate interim housing is providing a reprieve for corporate travel managers.

"If you look at a per-day rate--a hotel being $200 a day, extended stay $120, then corporate housing maybe...

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