Extended Stay Lodging in New Jersey Key Terms

Learn some of the key terms associated with extended stay lodging in New Jersey

Extended stay lodging in New Jersey provides a valuable service to businesses in the area. When employees, clients or corporate partners need to be close to a business facility for an extended period of time, many corporations will offer them a stay in an extended stay facility, which is a hybrid between a hotel room and a personal apartment.

Learn some of the terms associated with New Jersey extended stay lodging so that you can negotiate the best contract for your business with these facilities. Here are some of these terms, along with some resources to help get you started.

 

Corporate housing

Corporate housing refers to housing provided by a company to an employee for an extended period of time. Usually this occurs when a company relocates someone or sends them on a multi-month project. Corporate housing facilities often are fully furnished with kitchens and dining areas and also have some amenities, such as gym facilities. Corporate housing is usually more expensive than renting an apartment because the company is paying for the convenience of the unit being fully furnished and providing flexible lease terms.
Try: Visit the website for Elite Corporate Housing, a New Jersey Extended stay company, for a further explanation of what corporate housing entails.

Renewal and cancellation policy

The renewal and cancellation policy is specific to each extended stay location, however many of the companies that provide extended stay services follow a month to month leasing policy, with at least a 30-day notice needed to cancel the rent. Many policies automatically renew on the first day of a tenant's new month.
Try: Visit the website for Extended Stay Homes, a corporate housing company in New Jersey, to see an example of a renewal and cancellation policy that is similarly found among many extended stay companies.

Furnished

Furnished refers to the additional amenities provided by a corporate housing or extended stay facility to the client. Often the term furnished includes, but is not limited to, furniture, electronics, appliances, decorations, utensils and other commonly used items in daily living.
Try: Visit the website for Furnished Headquarters, an extended stay company with locations in New Jersey, for an example of what will commonly be found in a furnished extended stay rental.

Housekeeping, cleaning services

Housekeeping or cleaning services are usually offered by extended stay locations for corporate housing. Unlike traditional maid service at a hotel, housekeeping services provide light cleaning on a weekly, bi-weekly or monthly basis.
Try: Visit the website for Oakwood, a corporate housing company with facilities in New Jersey, for an example of what housekeeping or cleaning services will entail.

Suites

Suites, in terms of New Jersey extended stay rental facilities, refers to a commonly found room accommodation that includes sleeping quarters, a bathroom, some form of living area and a kitchenette. Suites are usually available in one, two and three bedroom models in extended stay locations.
Try: Visit the website for Candlewood Suites, with several extended stay locations in New Jersey, for a description of what a suite will look like, as well as the amenities it might offer.

Concierge services

Concierge services refer to the extra capability some corporate housing or extended stay locations offer, which include aspects like stocking pantries, transportation to and from airports, arranging of gym memberships and more. Concierge services allow corporate housing clients to hit the ground running, as if they were in their very own home.
Try: Visit the website for Churchill Corporate Housing, which has locations in New Jersey, to learn about the company's concierge services.

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