2022 Trends: How’s your Coworking Space?
The pandemic has had a big impact on coworking spaces, and still causes ongoing changing situations. With our latest survey we want to examine the real state of the current business situation of coworking spaces and other providers of flexible workspaces. As always, we will publish the results in a free report. Help us spread the word.
How Profitable Are Coworking Spaces in 2019?
Almost 90% of coworking spaces generate a profit if they meet at least three conditions: they have more than 200 members, are older than one year, and do not subsidize their operation through other businesses. However, these are not the only factors that make a cost-effective operation possible. In addition to these, we are also publishing the annual margins of profitable coworking spaces for the first time.
2019 State of Coworking: Over 2 Million Coworking Space Members Expected
The market for coworking spaces has undergone remarkable growth in the last couple of years and continues to flourish to this day. Locations in megacities, however, seem to have reached their limits regarding their size. And new questions are being asked: what if economic growth slows and a new financial crisis emerges? The following numbers show the results from the 2019 Global Coworking Survey.