The Philippines is witnessing a rise in demand for flexible workspaces despite high vacancy rates in traditional offices. IWG, a hybrid working solutions firm, notes that the COVID-19 pandemic has accelerated the shift towards flexible arrangements. Businesses are now reconfiguring their office spaces to better meet employee needs. Despite an estimated 18% office vacancy rate in Metro Manila, companies recognize the importance of investing in flexible work environments to attract talent and adapt to changing work patterns post-pandemic.
"The COVID-19 pandemic has only accelerated what was once a budding transition to flexible work, leading to increased demand for hybrid work arrangements post-pandemic."
"They have so many years of really good business the conventional way that they've accumulated the ability to make the investment... now, soon, like immediately they need flexible workspaces."
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