Future of work newsletter free subscription Future of work newsletter free subscription Future of work newsletter free subscription
  • Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Workspaces Run Better On UltraSoftBIS
Home Business

Coworking Comes Together At CU Asia

Carolyn CirillobyCarolyn Cirillo
February 20, 2018
in Business
Reading Time: 3 mins read
A A
Untitled design

Coworking Unconference Asia 2018 (CU Asia) took place in the vibrant city of Penang, Malaysia (Image credit: CU Asia)

More stories for you

The U.K. Just Proved Gender Equality Is A Win For All Workers

The U.K. Just Proved Gender Equality Is A Win For All Workers

11 hours ago
State Department Begins 1,350 Layoffs As Trump Overhauls U.S. Diplomacy Amid Global Crises

State Department Begins 1,350 Layoffs As Trump Overhauls U.S. Diplomacy Amid Global Crises

20 hours ago
Two In Three Brits Won’t Apply For Jobs Without Salary Info, New Survey Finds

Two In Three Brits Won’t Apply For Jobs Without Salary Info, New Survey Finds

20 hours ago
India's Smartworks Coworking IPO Draws Strong Demand As Investors Snap Up All Shares On Day 2

India’s Smartworks Coworking IPO Draws Strong Demand As Investors Snap Up All Shares On Day 2

20 hours ago
  • The 2018 CU Asia workspace conference took place in Penang, Malaysia, in February. 
  • The coworking conference was organized by the Coworking Alliance of Asian Pacific (CAAP) in conjunction with Hubud and Paper & Toast.
  • More than 300 people from 40 countries attended the workspace event, which included an unconference, an academy, and workshops.

Colorful connections characterized Coworking Unconference Asia 2018 (CU Asia) held in the colorful and vibrant city of Penang, Malaysia February 7 to 11.

Presented by the Coworking Alliance of Asian Pacific (CAAP) in conjunction with Hubud, and Paper and Toast, the event attracted 324 people from 40 different countries who engaged in content and activities including Spotlight Malaysia, Coworking Academy and The Unconference Day.

Advertisements
Disaster Avoidance Experts

“CU Asia was an insightful and inspiring experience for not only the coworking operators but for all who attended,” reported Alison Gunn, Business Development Manager at Australia’s Meeting Hub.

“The collaboration between operators, suppliers and interested bystanders was invaluable for anyone with a remote interest in coworking. CU Asia was able to capture the knowledge and passion from experienced operators and share that with the whole room; it was infectious.”Attendees learned how the Government, local agencies and tourism have contributed to the
successful rise of coworking in Malaysia.

Advertisements
Maximize Flexible Space Revenue

Carsten Foertsch of DeskMag presented Asia-focused highlights from the Global Coworking Survey in his keynote talk. The average coworking space in Asia holds 73 members and takes 4.2 months to start up but 17 months to breakeven, Foertsch shared.

Revenues from meeting and event spaces in Asia coworking spaces are 30%, significantly above the global average of 18%, reported Foertsch. Revenues from private offices and desks are relatively comparable at 27% from private offices and 26% from renting desks.

Other keynote topics included community hacking; collaboration between coworking spaces; and adapting to change. Prospective coworking operators and start-ups attended the Coworking Academy to learn fundamentals from experienced operators. Themes included how to curate a community; growing the community before the space; online marketing essentials; forming profitable partnerships; community engagement; finances; operations and events.

The agenda for the unconference was spontaneously generated by attendees. Joy Taylor from Canvas Coworking addressed challenges faced by coworking spaces to attract and foster women entrepreneurs, while other topics included creative revenue streams to support coworking businesses, how technology can support a start-up, and leveraging partnerships.

Advertisements
Nexudus - Tech Stack Lovers

The unconference ended with a closing party at Hin Bus Depot for a night of fun, networking and dancing, highlighted by the announcement of next year’s CU Asia location: Goa, India.

The event attendees included established coworking spaces such as 91 Springboard, Common Ground and Impact Hub; recently opened spaces such as Bersama; and soon to be opened spaces such as Catalyst Phuket. Coliving was also represented with spaces such as Angkor Hub; and Executive Offices were represented by CEO Suite. In addition to coworking spaces, attendees also included booking platforms Cowork 7×24 and GorillaSpace; and meeting room management platform Meeting Hub.

Special thanks to Steve Golding, founder, and Alison Gunn, business development manager, of Meeting Hub for their contributions to this article.
Image: CU Asia Facebook

Advertisements
Subscribe to the Future of Work Newsletter
Share5Tweet3Share1
Carolyn Cirillo

Carolyn Cirillo

Carolyn Cirillo is a member of the Global Research and Insights Team at MillerKnoll, where she studies macro trends, the future of work, and the impact of inspiring workplaces on the user experience and organizational outcomes. A native of Los Angeles now living in Brooklyn, she is passionate about adaptive reuse, urban living and the power of design to improve the human experience in environments where we live, work, learn, and play.

Other Stories Recommended For You

The U.K. Just Proved Gender Equality Is A Win For All Workers
Workforce

The U.K. Just Proved Gender Equality Is A Win For All Workers

bySheya Michaelides
11 hours ago

A new report links gender equality to stronger economies and calls for urgent action where progress has stalled.

Read more
State Department Begins 1,350 Layoffs As Trump Overhauls U.S. Diplomacy Amid Global Crises

State Department Begins 1,350 Layoffs As Trump Overhauls U.S. Diplomacy Amid Global Crises

20 hours ago
Two In Three Brits Won’t Apply For Jobs Without Salary Info, New Survey Finds

Two In Three Brits Won’t Apply For Jobs Without Salary Info, New Survey Finds

20 hours ago
India's Smartworks Coworking IPO Draws Strong Demand As Investors Snap Up All Shares On Day 2

India’s Smartworks Coworking IPO Draws Strong Demand As Investors Snap Up All Shares On Day 2

20 hours ago
Advertisements
Yardi Kube automates flex and coworking operations
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00