How the Pandemic Is Affecting Coworking Spaces
Membership numbers have declined. Revenues have plummeted. Contract-based occupancy remained unchanged at an average of 100%, which is a real glimmer of hope. Nevertheless, it also adapted to the reduced capacities. The pandemic is impacting coworking spaces like many other businesses.
2021 Coworking Forecast: The 'Moderate Lockdown' Outlook
When forecasts have a high degree of uncertainty, they should make predictions with varying conditions. So we asked coworking spaces what they expect for 2021 with and without hard coronavirus restrictions. In this article, you will find out what would happen if there were ongoing lockdowns without total curfews.
How Coworking Spaces Are Getting Their Business Up & Running Again
Coworking spaces around the world are gradually ramping up their operations again. Some never shut their doors while others remain closed, depending on how dangerous the virus threat in their region is perceived to be. The legal requirements are just as varied. Nevertheless, many operators are implementing similar checklists. In this article, you will find examples of this as well as what coworking spaces can expect in the first few weeks after they reopen.
How Coworking Spaces Are Navigating Through the Coronavirus Crisis
No one is currently able to reliably predict how long and severe the Covid19-related restrictions will be. Coworking spaces are experiencing the same issues as many other companies. Although there is a lack of planning security, quick solutions are needed that go beyond the current situation. You will find an overview of the initial measures coworking spaces are taking in this article.
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.