"Seventy-four percent of companies worldwide have adopted some form of hybrid or flex work model, indicating a significant shift in how office spaces are utilized and managed."
"More than half of global corporations now use flexible office solutions, as traditional long-term leases become less viable in the current work environment."
"In today's market, a desk and Wi-Fi won't move the needle. A hospitality-grade environment with curated programming, wellness amenities, and a community manager who knows your name will."
"Nearly 48% of NYC's coworking inventory now sits in Class A or A+ buildings, reflecting the importance of location and quality in the coworking space market."
A significant shift in office space usage is occurring, with 74% of companies adopting hybrid or flexible work models. Many companies are paying for underutilized space, leading to a rise in flexible office solutions. The coworking market is expanding, particularly in major cities like New York and San Francisco, where the focus is on creating hospitality-grade environments. The choice of building and location is crucial for coworking operators, with a growing percentage of coworking spaces located in high-quality buildings.
Read at Miami Herald
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