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.
More Than One Million People Will Work in Coworking Spaces in 2017
More coworking spaces, more members… These basic forecasts for 2017 are straightforward. The interesting findings of the Global Coworking Survey, compared with previous years, are once more shown in detail. Things are looking somewhat more restrained in the new year from the perspective of freelance and entrepreneur members. Coworking spaces are planning yet more expansion. And half of the members care very little about Donald Trump being in the White House - for the other half, the dominant sentiment is dread.
The Global Coworking Survey Is Back - and Now Open
Today, the biggest worldwide study of coworking is officially underway, reflecting a better understanding of various facets behind the movement in order to support sustainable growth. In its sixth year, the Global Coworking Survey collects responses from current and former coworking space owners, operators, and members from around the world. Their responses, published into free reports, provide comprehensive results on the coworking movement. You can continue to support the movement by taking part in this year’s survey, and by becoming an official supporter.
2016 Coworking Forecast
This year’s forecast and trends of the coworking market doesn’t differ strongly from past years according to new results of the Global Coworking Survey. While the coworking industry might have had some stormy and less than desirable market conditions in 2015 with increased real estate prices and challenges in growing awareness, those phenomena don’t have a negative impact on the global development in general, at least not more than in the past. This is the year we’ll see over 10,000 coworking spaces open by the end of 2016.