The Highland Group is proud to partner with the Corporate Housing Providers Association on the 2016 Corporate Housing Industry Report, the most recent national presentation of data for the corporate housing industry. Included is information on corporate housing business indicators for 64 U.S. and Canadian metropolitan areas.
US Corporate housing room revenue was $2.93 billion in 2015 which was up 7% from 2014. Based on 7,003 units reporting, the Canadian corporate housing industry generated room revenues estimated at $261 million in 2015, a decrease of 3.1% from 2014. The Canadian overall industry is significantly larger than annual revenues currently indicate.
This report is an invaluable resource for corporate housing professionals and their partners, informing strategic management decisions, providing data to evaluate market conditions and identify growth opportunities, as well as to understand the environment to develop new products and services. To order the 2016 Corporate Housing Industry Report, please go to our online store at http://www.shop.highland-group.net/. Included in the report is detailed information on:
The 2017 Corporate Housing Industry Survey is now open! Enter data until January 23, 2017.
Each company is asked to submit just SIX pieces of data for each MSA:
• Average number of available units by MSA
• Unit mix
• Average occupancy
• Average rate by unit type for each MSA
• Average length of stay
• Reason for staying in corporate housing
Click here to access the 2017 Corporate Survey: https://www.surveymonkey.com/r/2017AnnualResearch
Please take a few minutes to provide this information and get the results in your inbox in March 2017.
Serviced Apartment Summit Americas 2016 video highlights: Click Here
Mark Skinner was the guest speaker at the December CHPA Network Connection Event in Atlanta.