ThisWeekIn Coworking

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Recent Explore searches: Venture X · venture x · What will you find today?

Shlomo Silber discusses his new venture, The Kodokan Group, on the Flex Uncensored podcast.

🇺🇸 Who are the largest US operators by no. of locations?
The recent report by CoworkingMag (part of Yardi) highlights key developments and trends among the Expand 👇 top 15 coworking brands in the U.S. this year.
The top 15 US brands (by number of locations) are: Regus (972), HQ (204), WeWork, (173) Industrious (145), Spaces (117), Premier Workspaces (86), Office Evolution (79), Workstyle Flexible Spaces (65), Venture X (46), Intelligent Office (43), Expansive (42), LocalWorks (36), COhatch (34), Serendipity Labs (28) and Lucid Private Offices (27).
What’s changed since the last report? Regus (part of IWG) saw a 17% growth since December 2022, keeping first position. HQ climbed to second place with a meteoric 240% growth from May 2022. WeWork dropped 1 place after closing 73 US locations. Lucid Private Offices joined the top 15 with the second largest growth rate of 23%.
Overall, the U.S. coworking market added 1,166 new locations from December 2022 to the beginning of May 2024 – a 20% increase in the span of more than one year. Meanwhile, the top 15 coworking operators grew their inventory by 14% in total – a sum of 252 new locations.
🧐 Why Tyler co-owns 7 coworking franchise locations
Tyler Evans answers a short Q&A on franchising service brands. Tyler co-owns 7 coworking Expand 👇 franchise locations (6x Venture X, and 1x Office Evolution).
It’s an interesting quick look at an alternative method of franchising and entering the coworking industry.
🏷️ 3 franchise chains also dive into summer promos
On the topic of BOGO sales, Venture X, Office Evolution, and Intelligent Office have also launched a Expand 👇 series of limited-time promotions this summer across locations in the U.S. and Canada. In June, July, and August, the three brands – all part of Vast Coworking Group – are offering a different promotion each month at participating locations. The promotions include:
BOGO Meeting Rooms Hours in June, BOGO Day Offices in July, Fourth month free Coworking memberships at Venture X and Office Evolution in August and a free month of phone answering at Intelligent Office that month too.

 

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