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Here we see hardly any differences between the continents. We therefore also asked - based on their maximum capacity - what percentage of potential new members and users they would accept until they are completely full.īased on this, the companies surveyed had an occupancy rate of 60% on average. More than a third of coworking spaces' capacities are currently availableĬoworking spaces operate with different business models and this makes it difficult to compare their overall occupancy rates. The income from event spaces was cited as the fourth most important revenue source. Renting desk space in open areas followed in second place, and 'meeting spaces' placed third. Most providers of flexible workspaces cited 'private offices' as the most important source of revenue.
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However, it is not possible to conclude the revenues from the general demand because that also depends on other factors such as availability and price. In North America, on the other hand, even event rooms were more popular. In Europe, it was significantly above the global average. Individual offices followed at the top in North America, while team offices were in strong demand in major European cities.ĭemand for 'hot desks' was mixed. Meeting spaces were particularly requested by the end of last year, presumably due to the continuing high number of virtual meetings. Pandemic conditions still have a significant influence on which types of flexible workspaces are in demand. In North America, relatively more spaces were able to generate a profit than in Europe. Small chains with 2-4 locations were surprisingly slightly less threatened than those with only one or with many locations. Globally, there were more coworking spaces making losses than profits in 2021. More coworking spaces with losses than profitsĬompared to pre-pandemic surveys, the proportion of profit-making spaces dropped significantly. About a quarter of responding companies also saw themselves as economically limited by the lack of planning certainty. Overall, however, the 'fear of the Coronavirus' topped the global list of major economic constraints by far. And this in turn affected coworking spaces.Ĭompulsory home-o ffi ce rules and the ban on large events were mentioned significantly more often by respondents in Europe in North America, measures were more often limited to wearing a mask at desks, in addition to physical distancing rules. However, during the survey period, Europe as a whole enacted stricter measures against the Corona virus than did North America. The development of the pandemic and legal requirements were not covered in detail. The reasons for the differences between responses in Europe and in North America can probably be found in the different distribution and also different regulations due to the corona variants. The Corona pandemic continues to be extremely influential In North America, the current business situation was rated even better overall.
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Half of them increased revenue and, just as frequently, their profitability as well. Two-thirds of all coworking spaces responding to the survey reported membership growth in the final quarter of 2021. In Europe, the proportion of those who assessed their situation as 'good' doubled compared to the previous year. How are coworking spaces doing two years into the pandemic? The vast majority of them described their current situation as good or satisfactory (79%).