SIC Code 7021-05 - Corporate Lodging
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SIC Code 7021-05 Description (6-Digit)
Corporate Lodging is a type of accommodation that caters specifically to business travelers. It involves providing temporary housing for employees of companies who are traveling for work purposes. Corporate Lodging can range from extended stay hotels to serviced apartments and can be found in both urban and suburban areas. The goal of Corporate Lodging is to provide a comfortable and convenient home away from home for business travelers, while also offering amenities and services that cater to their unique needs.
Hierarchy Navigation for SIC 6-Digit Code 7021-05
Parent Code (less specific)
Tools
- Online booking platforms
- Property management software
- Customer relationship management (CRM) software
- Keyless entry systems
- Inroom technology (e.g. smart TVs, highspeed internet)
- Housekeeping and maintenance software
- Revenue management software
- Mobile apps for guests
- Meeting and event planning software
- Business center equipment (e.g. printers, scanners)
Industry Examples of Corporate Lodging
- Extended stay hotels
- Serviced apartments
- Corporate housing providers
- Shortterm rental properties
- Conference centers
- Bed and breakfasts with business amenities
- Coliving spaces for business travelers
- Boutique hotels with business amenities
- Hostels with private rooms for business travelers
- Vacation rental management companies with corporate housing options
SIC Code 7021-05 - Corporate Lodging
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