Corporate Apartments versus Hotels

You’re in the process of buying a new home and you’ve had to give up your apartment because you could not sign a lease for only a month.  Now you have to make a decision as to where to stay during that month.  Friends and family members simply don’t have the room for you to stay with you family so it’s time to think about your options.

What staying at a hotel means

For you and your family one option of course is to stay in a hotel while you are waiting for your home to be completed.  This is a possible option, however there are ‘hidden’ expenses involved in staying in a hotel that you might not even have considered. These include:

•    Laundry – regardless of whether you’re in a hotel that is designed for short or long term stays, you’ll find laundry facilities – unfortunately these are typically pay for laundry – these fees can add up over one month;
•    Meals – it’s true that no matter where you’re staying you’ll have to deal with meals. However, most hotels have regulations that prohibit cooking in rooms – while many extended stay hotels do offer microwave ovens you may find yourself eating a lot of microwaveable dinners – which can be costly and not very nourishing;
•    Taxes – hotels have this wonderful way of stacking all types of little fees onto your stay which include local, county and state fees. Unfortunately these can add up to nearly ¼ of your daily room rate which mounts up very quickly;
•    Children – if you have children, chances are you’re going to need more than one hotel room and if they’re very small children you’re going to have them cooped up most of the day inside a very small area which means they’re going to be restless. Hotels regardless of their facilities are not really geared for children

Corporate housing could be the best option for you.