Coworking companies are rapidly expanding into airports, doubling the number of airport workspaces in the last year. The podcast explores the increasing popularity and competition in this space, predicting that co-working spaces will become the norm in airports. It also discusses the growing demand for flexible work and the rise of co-working spaces, addressing concerns of bosses and highlighting the estimated worth of the co-working market.
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Quick takeaways
Airports are adding formal co-working spaces to cater to the need for quiet and productive workspaces during layovers.
Co-working companies are expanding into unconventional locations such as department stores and office buildings, indicating the growing demand for flexible workspaces beyond airports.
Deep dives
The Rise of Co-Working Spaces in Airports
Airports around the world are embracing the trend of adding formal co-working spaces and pods within their facilities. This is in response to the growing demand for quiet and productive spaces for travelers to work during layovers and airports' transformation into crowded places due to perks like airport lounge access. Competitors such as Minute Suites, Jabber Box, and JustCo are entering this space, offering various services ranging from quick naps to private workspaces available on a pay-per-minute basis. Partnerships between workspace companies and airports are becoming more common, making co-working spaces an expected norm in airports.
The Expansion of Co-Working Spaces beyond Airports
The demand for flexible and remote workspaces has extended beyond airports, with various co-working models emerging in unconventional locations such as department stores and empty office buildings. Companies like Convene, Soho House, and Equinox have embraced this trend and created co-working spaces in partnership with Industrious. This growing market is estimated to be worth 50.1 million by 2028, indicating the potential for financial success in the co-working sector. However, the existence of these options raises questions about the future of the traditional office and the balance between remote work and in-office presence.
Coworking companies are moving into airports to give flyers more space to concentrate. And they’re moving quickly — the number of airport workspaces nearly doubled in the last year. We’ll dive deeper into the trend. Plus: A shutdown averted and Geoffrey the Giraffe on the comeback trail.
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