Advertisement
Back To Daily Digest
‘Corpoworking’ and Sharing the Cost Burden of Space
Tags: BUSINESS

‘Corpoworking’ and Sharing the Cost Burden of Space

When hotels offer up their lobbies for coworking, or corporate firms add cafe or lounge amenities for employees, it has a nickname: ‘corpoworking’.

This is the trend of CRE owners and occupiers sharing the cost burden of their space with other users or third parties, by offering up the space outside of normal business hours.

‘Corpo’, because it’s being driven largely by corporations.

The big benefit is maximizing revenue generation by leveraging these spaces during non-business hours. But there are also benefits by providing a space that can be made available to the public, benefiting the local community.

ABOUT Jo Meunier (née Disney)
Jo Meunier (née Disney)

Jo is AllWork's Senior Editor for the UK and Europe. Jo has worked within business centre and coworking circles since 2009, researching and contributing written features for numerous industry publications. She reports on the latest market news and delves into local issues with one main objective: to champion the flexible workspace industry and its members. Get in touch with Jo here or via [email protected]. View all posts by Jo Meunier (née Disney)

Ad
Advertisement

FOLLOW US

  • Facebook
  • Twitter
  • LinkedIn
  • instagram
  • pinterest
Ad
Advertisement
Advertisement
Knoll + Muuto Work from Home Furniture, Lighting and Accessories
Advertisement
Advertisement