- Demand is rising among enterprises for low-risk, scalable flex workspace. Share of solopreneurs, entrepreneurs, and freelancers has risen considerably in co-working spaces.
- With corporates turning to coworking, landlords are seeing new investment opportunities. –capitalizing on vacant space to meet new demand.
- Expansion in Grade A vacancies and predominantly residential markets will continue and demand will fortify in Tier II and Tier III cities, as residential coworking locations become increasingly sought after.
- Occupancy rates will stabilize and gradually increase resulting in greater resiliency in the future as demand gradually increases among remote teams.
- Operators will prioritize wellness offerings to meet the demand among professionals for safe, health-first work environments.
- Open-style office layouts will be replaced by design elements such partitioned workspaces and enclosed offices in accordance with new safety regulations.
- More hospitality brands will look to coworking for new partnerships and hotel-based workspaces.