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Commentary

Corporate Housing’s Evolution

Alternative travel accommodations are becoming the new normal—evolving into a major segment of temporary housing.

By Sturai Yusufi | Updated on October 31, 2018

From the beginning of the corporate housing industry there have been two primary consumers of corporate housing, relocating executives and business consultants. But over the past decades, corporate housing has evolved into a major segment of temporary housing.

Alternative travel accommodations are becoming the new normal. In fact, recent Corporate Housing Providers Association reports show that the alternative options increased almost 11% in the last year alone and that revenues in this market are estimated to reach over $36 billion by the end of 2018.

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