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Providers Diversify Corporate Housing Options For Evolving Workforce

Corporations tend to struggle with buying long-term accommodations. Multiple departments may be involved and a simple, consolidated supply chain isn’t yet a reality. Airbnb last month acquired Urbandoor, an online tool for booking furnished and serviced apartments. BridgeStreet and Oakwood have expanded their distribution. Relative newcomer 2nd Address is pursuing partnerships with travel management companies…

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Serviced Apartments Play Host To A New Dynamism

Airbnb’s continued buildout of corporate travel capabilities has awoken the sleepy serviced apartments sector. New investment capital supports startups for bookings, sourcing and property management. Traditional operators are creating their own distribution platforms. Design norms are shifting along with client expectations for something interesting. Useful for relocation, internships, project work, insurance services and emergencies, serviced…