Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
Hotel coworking spaces are the peak of hospitality
Coworking spaces within hotels are being embraced by the workforce as more entrepreneurs and remote workers find themselves on the road.
Coworking memberships are expected to jump to 3.8 million by 2020, so hotels have begun jumping on the bandwagon.
Millennials, Generation Z and digital nomads, who are filling out the workforce, favor flexibility and autonomy as opposed to traditional work models. Thanks to technological advancements, it is accessible for these workers to complete tasks from any part of the world.
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Flexible offices within hotels offer guests and locals a place to collaborate and meet. For example, Hobo hotel in Stockholm markets itself as “a meeting point, a workplace, an office or just a nice place to visit and hang out.”
AccorHotels has also started to branch out with real estate company Bouygues Immobilier to open 80 Nextdoor workspaces by 2022.
Coworking hotels can only be successful if the space creates a synergetic environment that draws in guests, as well as locals.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.