Corporate Housing News

Corporate Stays Expands to Paraguay with Major Acquisition and Over 150 Furnished Apartments in Asunción

By Published On: December 15, 2025

Asunción, Paraguay – December 10, 2025

Corporate Stays, a Canadian leader in premium furnished apartment rentals across the Americas, proudly announces its official expansion into Paraguay. The company began operations in Asunción on November 1, 2025, marking a significant milestone in its Latin American growth strategy. Paraguay will serve as Corporate Stays’ headquarters for MERCOSUR countries, with strong growth potential and steady market development, positioning the country as a regional hub similar to Panama’s role in Central America.

To make a strong entry into this new market, Corporate Stays acquired an established local company already operating furnished apartments in downtown Asunción, allowing the group to start with over 150 operational units from day one. The local operation has now been fully integrated into the Corporate Stays network.

“We decided to go big in Paraguay,” said Vladimir Suarez, Founder and CEO of Corporate Stays. “It’s a promising, stable, and fast-growing market. We believe Asunción will become a strategic hub for our future expansion across South America.”

Corporate Stays has also integrated a team of over 25 experienced professionals, ensuring a seamless transition and continued high-quality service for guests. The company is investing heavily in furnishing additional units through its exclusive furniture partner, Casa Suarez, known for its full-service FF&E (Furniture, Fixtures & Equipment) solutions for the hospitality and furnished rental industry.

Launch of Corporate Stays Real Estate Paraguay

Corporate Stays has launched Corporate Stays Real Estate Paraguay, a new division dedicated to rental property acquisition, sales, and investment management, with plans to develop its own flagship building within the next three years. This upcoming project aims to create the best executive rentals building in Paraguay, featuring all the amenities our guests need.

This platform enables both local and international investors to tap into Asunción’s growing rental market while benefiting from Corporate Stays’ integrated model:

  • Casa Suarez furnishes all new units.
  • Corporate Stays manages them under its established hospitality brand.

A Vision for Continued Growth

The company plans to add approximately 100 new units per year in Paraguay, reaching a total of 400 apartments under management within three years. Asunción will also serve as Corporate Stays’ operational base and headquarters for Mercosur operations, supporting further expansion into neighboring South American countries and members of MERCOSUR.

“We’re proud to bring our expertise in hospitality and real estate investment to such a dynamic market,” added Suarez. “This launch represents a key step in our mission to connect travelers and investors throughout the Americas.”

About Corporate Stays

Founded in 2008, Corporate Stays is a global leader in premium furnished apartment management for business and leisure travelers. The company operates in over 20 cities across the Americas, offering personalized housing solutions for corporate clients, expats, and investors.

About Casa Suarez

Casa Suarez is a premium furniture and décor brand specializing in hospitality and residential projects. With its own factories and logistics network across the Americas, Casa Suarez provides complete FF&E solutions for partners like Corporate Stays.

About Corporate Stays Realty

Corporate Stays Realty brings Corporate Stays’ expertise to real estate, offering acquisition, sales, and investment management across Latin America. Investors can tap into Latin America’s growing rental market. Within three years, Corporate Stays Realty will launch its flagship building in Paraguay, setting a new standard for executive rentals with premium amenities and turnkey services.

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