Back To Daily Digest

Which Coworking Operators Are Likely To Weather A Recession?

Coworking’s model of melding community with flexible office space has led it to become a staple in the office sector. Now, the industry has numerous established operators, such as Regus and WeWork, that successfully offer flexible office space for a wide range of customers.

Regus, owned by IWG and is the largest provider of flexible workspaces in the world, filed for bankruptcy in 2003. Since then, it has grown tremendously through acquisition, which continued through the 2008 recession. Regus offers short-term, smaller executive suite spaces that were desperately needed during this time.

Regus is an example of how strong, well-capitalized operators in this sector can weather an inevitable economic downturn.

Additionally, the backing and size of companies will also be a telltale sign whether it will survive a recession. For example, WeWork’s massive, diverse footprint almost guarantees that it will be stable during a downturn.

The Latest News
Delivered To Your Inbox

As the coworking model continues to accrue more competitors, the rise in supply will likely drive prices down. This means that big time competitors will be the ones to emerge successfully.

Still, there is room for niche coworking companies, but it is vital that these operators offer something that the WeWorks of the world do not, such as better service, amenities and mentoring. Overall, keeping an eye out for potential disruptors will be essential to growing in this blossoming industry.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

Latest on Daily Digest

Should You Take A Workcation?

China Coworking Company To Receive UN Award

London Is The Top Destination For Gen Z Workers

Should WeWork Be Left For Dead?

The Executive Centre Continues Its Expansion In China

WeWork Hits The Brakes On China Expansion

How UK Landlords Can Benefit From Flex Space



  • Facebook
  • Twitter
  • LinkedIn
  • RSS
  • instagram
  • pinterest



Stay On Top Of Your Game!

Subscribe To The Largest Publication On The Future Of Work And Receive Our TOP 10 News Stories Every Friday, Among Other Cool Stuff. 100% FREE

leaving so s0on?

Get A Free Subscription To Our Weekly Premium Publication

If It’s Affecting The Future Of Work, You’ll Know About It.