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Recent Explore searches: Preferred Office Network Β· What will you find today?

πŸ’° Almost 141M reasons to (re)consider your aggregator listings
Time and time again we hear discussions between flex space operators regarding the ROI of lead- and Expand πŸ‘‡ sales-generating aggregator platforms.
So when we put together the Hot Seats panel for the GWA’s conference in Phoenix, we started with the total aggregate volume of US dollars the participating platforms (Alliance Virtual Offices, The Instant Group and Preferred Office Network) actually put into operators pockets this year to date.
That number? $140,988,491. In this video, you can hear the reaction of the audience when we shared this on stage. Next week we’ll also share a summary of the panel, including the whole slide deck (which includes 5 other never-been-shared-before data sets).
PS. Work at an aggregator? I’d love to include your data sets into an aggregated global report on the impact and activities of flex space aggregators. Reply to the email version, or reach out to me directly, to get involved.
πŸ‡ΊπŸ‡Έ Carr gets a rebranding
Carr Companies, which owns Carr Workplaces and the Preferred Office Network amongst other brands, Expand πŸ‘‡ has rebranded to CarrAmerica.
🎊 PON hits 1k milestone
The Preferred Office Network shared that they’ve officially hit the milestone of working with 1,000 Expand πŸ‘‡ locations, across 15 countries and 400 cities. Congrats!
βœ… Coworking comes with a health and wellness amenity built in
In this snippet from a recent Preferred Office Network webinar, Bryce Hill from Office Evolution Expand πŸ‘‡ reminds us that "we all offer a health and wellness amenity, which is community" and how that helps fight the loneliness epidemic.
Yes Bryce. Yes!
πŸ₯§ Popular leasing structures, tech platforms and expansion plans
Caroline Hecht shared that Preferred Office Network have shared their most recent annual State of Expand πŸ‘‡ Flex Survey Report, following a survey of 230 brands operating 940+ locations in 15 countries.
81% of operators are leveraging traditional leases (7% use management agreements, 7% have some form of rev share and 5% own their buildings). Interestingly, almost 100% of operators have some form of meeting room booking management tech, but less than 80% use a CRM, and about 40% use Mail Management platforms.
As for market stability, survey respondents have been in business for an average of 17 years, with 44% being in business for over 20 years. Looking forward, 39% plan to expand this year.
πŸ’¬ Discuss this.
πŸ—ž Week 04, 2024
πŸ”— Direct Link
πŸ“ˆ Data
⏱ 365 days ago.

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