1.7 Million Members Will Work in Coworking Spaces by the End of 2018In 2018, Coworking Spaces are again expecting great things for their market. The average number of members is growing and operators are planning expansions with almost the same speed as in the previous years. There is currently no dip on the horizon. However, many operators expect a consolidation. Here is the first bundle of results of the latest Global Coworking Survey: The 2018 Coworking Forecast.
WeWork harms 40% of all coworking spaces in its close vicinity, however…WeWork is probably the globally most well-known brand that is associated with coworking. With the roughly seven billion dollars they have so far collected in venture capital, WeWork has the potential to start a fierce competition with other coworking spaces. That is why in the latest Global Coworking Survey, we asked how coworking spaces view the effects of the activities of WeWork on their own businesses.
What Will Coworking Look Like in 2018?Could you answer this question in one sentence? A single answer won’t even come close to reflecting the different perspectives of all the members and operators. The Global Coworking Survey solves this problem. What started seven years ago has developed into the biggest and longest-running survey on coworking worldwide. And starting today, you can cast your vote again: the next edition of the Global Coworking Survey is online!
How Profitable Are Coworking Spaces Today?
Can operators become rich with coworking spaces, or are their businesses just burning up money? It depends. The latter is clearly easier than the former. For most, the answer lies in the middle. Coworking spaces don’t operate independently of market principles. On average, every year things go a little better, but overall, things are still not optimal. In this article, you’ll see how things are looking.