Corporate Housing Becoming Multi-Billion Dollar Business

Date: September 18 2006
Source: Hotel Interactive
Website: http://www.hotelinteractive.com/index.asp?lstr=dlynch1@oakwood.com&page_id=5000&article_id=6262

The corporate housing market is in growth mode and was a $1.99 billion industry in 2005. This year, profits are expected to keep rolling in and increase by an remarkable 23 percent, according to the Corporate Housing Providers Association and a report they commissioned The Highland Group to undertake.