The latest statistics shaping the flexible workspace industry
Based on data from over 19,500 coworking spaces in 172 countries, we explore the costliest cities in the world for renting monthly hot desks.
Co-warehousing is a practical solution that allows companies to store inventory without having to purchase or lease an entire facility.
Colliers India predicts that leasing activity from startups will reach 78 million square feet by 2024, accounting for 13% of all office space.
While cities like Los Angeles were once at the forefront of this demand, new hubs such as Houston and Tampa are beginning to outpace traditional hotspots.
According to a survey by commercial real estate firm Colliers International, D-FW ranks first among 19 major U.S. areas for coworking growth.
In cities like Seattle, tech companies account for 34% of all office space when you take into account new leases, renewals, and expansions.
In its financial results for 2021’s fourth quarter and fiscal year, WeWork reported a loss that widened to over $4.4 billion.
In major cities across the United States, office occupancy is still below 40% despite the increasing number of employees coming back to work in person.
The future of coworking may very well be based in virtual realms like Decentraland or Roblox, which offer many benefits to today’s remote workers.
Between December 2020 and December 2021, the percent increase of new cities on Coworker rose by 25.6%, signaling recovery in the industry.