Only 11% of coworking spaces are profitable in year one. By year four, that number jumps to 50%. The difference isn't luck. It's knowing where the money leaks and how to plug those holes. Profitable coworking spaces share three characteristics: diversified revenue, controlled costs, and operational efficiency. Revenue diversification matters more than you think. Memberships alone won't sustain you. Meeting room rentals, virtual mail services, event space, and corporate partnerships can add 15-25% to your bottom line. Cost control determines survival. The biggest leak? Bloated headcount. Adam Hyman manages three KoWorks locations by himself using automation. No small team. No administrative overhead. Operators implementing full automation report 15-25% reduction in administrative labor costs. That's not efficiency. That's transformation. Spaces using Optix Automations onboard members faster, collect payments reliably, and reduce no-shows through automated reminders. Every manual task eliminated is time redirected toward revenue-generating activities. The coworking industry will grow from $22 billion in 2024 to $82 billion by 2034. The operators capturing that growth aren't working harder. They're automating smarter. Read all about it here: https://lnkd.in/gyn-fdnz
Optix’s Post
More Relevant Posts
-
Niche coworking spaces are outperforming traditional models in retention and differentiation. But operational complexity is killing most operators before they can scale. Without automation, operators spend their days managing logistics instead of building the communities that make niche spaces valuable in the first place. Smart niche operators are automating everything with Optix: Adam Hyman runs three wellness coworking locations across Australia with one person by automating member onboarding, amenity bookings for saunas and cold plunges, and engagement workflows. Brooklyn Hourly Offices automates therapist bookings and room access for practitioners who need private spaces on-demand. Automation handles the complexity of specialized operations including equipment booking systems that work 24/7, automated access control based on membership tiers, payment processing for add-on services, and reminder sequences that drive amenity adoption. Deeper specialization requires smarter systems. Automation makes complexity scalable. Read about 14 niche coworking concepts transforming the industry here: https://lnkd.in/gbwpRaTP
To view or add a comment, sign in
-
✨ A glimpse into the Day 1 Afternoon program (12:00 sessions) at Coworking Europe 2025! After an inspiring morning, the conversation continues with three parallel sessions exploring how coworking keeps evolving — from real estate and community value to independent growth stories. 🏢 What occupiers really want? - A high-level discussion with top real estate brokers revealing what companies truly seek in flexible spaces today. Featuring: Anita Fuzi, PhD (Cushman & Wakefield), Ed Bouterse (Workthere), Nikolas Westmann (Workaround), Andree Scherer (JLL) and Sebastian Opalko (CBRE Germany). In partnership with Mindspace, moderated by Yotam Alroy. 💬 Giving value to coworking communities – Social Graph, Metrics, and the Human Approach How can we measure the real value of human connection? This session dives into the science and soul of coworking communities with Yuta Aoki (JCCO), Maudy Westerveld (EBC Amsterdam), Camila Caires (Avila Spaces) and Teresa García de Zuñiga Hernandez (Cloudworks | Coworking & flexible offices). Moderated by Pauline Roussel. 🌱 Small and Happy – How stand-alone independent coworking spaces dig their way in competitive markets? What does success look like for independent operators? Hear real stories from those thriving on creativity, community, and purpose. Speakers: Ben Kolp (TLR Coworking) and Luca Diodà (YoRoom Coworking) Moderated by Julianne Becker 🔜 gamescom. Three rooms, three perspectives — all driving one vision: shaping the coworking world of tomorrow. Don’t miss these sessions that blend data, design, and human connection. 🚀 Full program available here: https://lnkd.in/dAx9YW3j
To view or add a comment, sign in
-
"Build vs. Buy" is a classic dilemma for many coworking operators as they grow. The idea of a custom-built solution can be appealing, promising a perfect fit for every unique need. But what's the real cost? Dilmurod Khodiev, CEO & Founder of C-space, knows this challenge firsthand. With a rapidly expanding coworking business across 8 locations, he faced a critical choice. His insight: "In our experience, building a custom system is expensive and pulls focus away from growing your core business. That's why, with eight active locations, we chose Spacebring. It's a reliable, fully-developed platform that scales with us." Dilmurod's words resonate because they highlight a truth often overlooked: every hour spent managing developers or fixing bugs in a custom system is an hour not spent on member experience, marketing, or strategic growth. C-Space chose to focus on what they do best—creating exceptional coworking spaces—and trusted Spacebring to handle the tech. This decision enabled them to automate 100% of their invoicing, streamline bookings, and scale from 3 to 8 locations in just two years. It’s a powerful reminder that sometimes, the smartest move is to leverage proven technology so you can keep your eyes on the horizon. What are your thoughts on building in-house vs. buying a platform for your operations? We'd love to hear your perspective.
To view or add a comment, sign in
-
-
The Spanish operator Cink Coworking expands to 11 Locations in Madrid. The company announced it will add 3,000 m2 of workspace this year, bringing its total footprint to 15,000 m². Cink Coworking footprint focuses on the area within Madrid’s M-30 ring. It maintains an average occupancy rate above 90%. “Our aim remains to provide workspace solutions for all types of professionals seeking a place to grow with their teams in a flexible, worry-free environment,” said Mar Saavedra Hernández, Chief Operating Officer at Cink Coworking, in a press release. cc Sergio Martínez Gonzalo Montse Martín Sofía Masculin Miguel Ruiz https://lnkd.in/eQg9Cs-N
To view or add a comment, sign in
-
UK Coworking operator Cubo Work surpasses €34M in revenue and prepares for new openings. Founded in 2020, Cubo has become one of the UK’s most dynamic flexible workspace providers, with 13 operational locations in cities including London (Soho), Leeds, Birmingham, Manchester, Newcastle, Derby, Nottingham, Sheffield, Edinburgh, and Glasgow. In 2024, Cubo made headlines with the acquisition of one of WeWork’s six provincial UK sites, taking over three floors in Manchester, a move that highlighted its readiness to scale by seizing key real estate opportunities. “In just five years, we’ve built a model that delivers commercial success while inspiring innovation and collaboration across our member base”, says Marc Brough, Cubo's CEO. cc Nelson Atiga Heather Needham Danette Richards Rebecca Brough Charlotte Derrick Dan Whitham https://lnkd.in/e39ufgpe
To view or add a comment, sign in
-
Your coworking tech stack is either streamlining your operations or quietly draining your resources. Here's how to tell the difference. Most operators piece together disconnected tools that create more work, not less. The result? Data silos, duplicated tasks, and fragmented member experiences that drive churn. The operators scaling efficiently are building integrated technology ecosystems where every platform works together seamlessly. Here's what matters most when choosing your tech stack: Automate the repetitive work first. Member management, invoicing, bookings, and check-ins consume the majority of your day. These are exactly where automation delivers immediate ROI. Integration is everything. Individual tools mean nothing if they don't communicate. Your coworking software should connect directly to your payment gateway, access control system, and accounting platform. Start simple, then scale. New spaces need four core systems: coworking software, payment gateway, door access control, and accounting software. Add complexity only when growth demands it. The competitive advantage belongs to operators who automate mundane tasks and redirect that saved time toward community building and revenue growth. Optix Automations enables you to create this integrated ecosystem without over-engineering your systems. From automated member onboarding to seamless payment processing to access control workflows, your entire operation runs cohesively while you focus on what actually matters. Stop managing disconnected platforms. Start building a technology ecosystem that scales with your business. Read the complete guide here: https://lnkd.in/gxHdibr5
To view or add a comment, sign in
-
Flexible workspaces are booming—30% global growth in coworking spaces since 2020 reflects a major shift in corporate real estate. Remote and hybrid work, alongside sustainability efforts and tech innovation, are driving demand. Asia Pacific stands out with a 50% surge in coworking openings. Industry leaders like WeWork and Regus are expanding offerings beyond traditional offices to on-demand and virtual solutions. 🔗𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐧𝐞𝐰𝐬— https://lnkd.in/g-xjKz-B Ready to navigate this evolving market? Follow The Flex Insights for timely insights and industry news on flexible workspaces. #Coworking #FlexibleWorkspaces #GlobalMarket #PropTech #CommercialRealEstate #FutureOfWork #WorkspaceTrends
To view or add a comment, sign in
-
Most coworking operators hit a wall when scaling. Not because they lack demand, but because their operations don't translate from one location to the next. The difference between spaces that scale smoothly and those that struggle comes down to systems. Smart operators are building scalability into their operations from day one through automation. When processes are automated, they happen the same way every single time across every location. The spaces scaling successfully are automating their member onboarding, billing operations, tour follow-ups, and community engagement workflows. They're documenting their SOPs and letting technology handle the repetitive work while their teams focus on building community. Whether you're planning your second location or managing your fifth, the question isn't whether to automate. It's whether you can afford not to. Read all about it here: https://lnkd.in/gkqnHdE9
To view or add a comment, sign in
-
The Swedish Property Company Castellum sells its Coworking Brand United Spaces to its competitor IOFFICE Business center. United Spaces manages 10 coworking locations across key cities, including Stockholm, Gothenburg, Malmö, and Arlanda Airport. Thanks to this transaction, iOffice will double the number of its locations in Sweden. "We are pleased to hand over United Spaces to new, dedicated owners and are confident that the business will continue to thrive under the management of Ioffice,” said @Pål Ahlsén, CEO of Castellum, in the official statement. "The decision aligns with Castellum’s ongoing strategy to concentrate on its core operations in office and logistics real estate across key Nordic cities." Homan T., iOffice’s CEO, will be a speaker at the upcoming Coworking Europe 2025 conference, to take place in Berlin on November 19-20th. cc Elin Björklund Malin Håkansson Göran Garberg Joakim Bergström https://lnkd.in/gt8AjyVz
To view or add a comment, sign in
-
Key Trends in Coworking Spaces 2025 In 2025, coworking spaces are evolving to meet the needs of seasoned professionals by emphasising privacy, luxury, wellness, and fostering meaningful connections. These spaces now offer private offices, flexible layouts, and 24/7 access, catering to executives who value confidentiality and comfort. Wellness features such as ergonomic design, natural light, meditation rooms, and fitness studios are becoming central to creating stress-reducing environments. High-end coworking spaces also integrate hospitality services, such as concierge support and curated food experiences, to enhance the overall professional experience. Advanced technology ensures seamless hybrid work with strong security, while curated events and exclusive clubs build valuable communities. These features distinctly cater to senior professionals seeking a refined, health-conscious, and community-oriented workspace experience. At The Experience Exchange, this is precisely what we seek to achieve: a tailored, high-comfort coworking community that elevates privacy, wellbeing, hospitality, and connection — redefining the workspace for seasoned achievers in 2025.
To view or add a comment, sign in
Explore content categories
- Career
- Productivity
- Finance
- Soft Skills & Emotional Intelligence
- Project Management
- Education
- Technology
- Leadership
- Ecommerce
- User Experience
- Recruitment & HR
- Customer Experience
- Real Estate
- Marketing
- Sales
- Retail & Merchandising
- Science
- Supply Chain Management
- Future Of Work
- Consulting
- Writing
- Economics
- Artificial Intelligence
- Employee Experience
- Workplace Trends
- Fundraising
- Networking
- Corporate Social Responsibility
- Negotiation
- Communication
- Engineering
- Hospitality & Tourism
- Business Strategy
- Change Management
- Organizational Culture
- Design
- Innovation
- Event Planning
- Training & Development