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Everything You Need to Know before Booking a Corporate Rental Apartment

Posted by Doriana Zohil-Morton on May 31, 2018
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In recent years, the international corporate rental market has seen a significant spike in popularity and increased financial growth. Many corporations are starting to realize the immeasurable value of temporarily or permanently relocating their employees and allowing them to travel to different destinations across the globe. Renting contemporary fully furnished residences for your employees is an excellent way to make them feel comfortable no matter where in the world you send them while also assuaging their insatiable wanderlust.

Here’s everything you need to know to help your employees prepare for their next business trip or temporary relocation assignment.

Corporate Rentals Aren’t Like Hotels

Traditionally, employees would’ve been forced to stay in hotels (on the company’s dime, of course) that ranged in quality from extremely prestigious to less than desirable. While hotels are still viable options for temporary stays in new cities or countries, they don’t quite give you the same kind of opportunity to truly immerse yourself in the local culture of the region that you’re visiting. For a lot of people, that’s very disappointing. Luxurious fully furnished residences and executive housing, on the other hand, is a much more suitable option for travellers who prefer to gain a truly authentic insight into how the locals live and allow you to come and go as you please.

Choose the Right Location

Choosing the right location for your employees to temporarily inhabit is an absolute necessity. In addition to finding corporate housing in a central area that boasts a variety of amenities, you should also be conscious of their accessibility to public transit and other forms of transportation such as ride share programs that they might find useful. Some people might prefer a corporate rental right in the heart of the city so that they can easily walk to work and nearby restaurants, shops, supermarkets, schools, government buildings, etc.

Review Your Rental Agreement with a Fine-Toothed Comb

Before you go ahead and sign on the dotted line, it’s in your best interest to carefully review your corporate rental agreement and perhaps even have a lawyer look it over for extra measure. You should have a good idea of exactly what you’re getting yourself into so that you can avoid any potentially disappointing surprises come move-in day. Most corporate housing companies provide you with everything you need such as completely furnished suites, high-end major appliances, and beautiful finishes, but it’s always a good idea to double check before you make any kind of commitment to staying there.

MAC Furnished Residences Inc. is a premiere corporate rental company known worldwide for our beautifully decorated fully furnished residence that are specially designed to not only meet, but also go above and beyond your expectations. Contact us today to book a temporary stay for your employee in one of our state-of-the-art fully maintained suites. We can also help you find corporate rentals and executive housing in Toronto through our brokerage MAC Real Estate Services Inc. and help facilitate a smoother transition with and MAC Relocation Solutions.

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