ThisWeekIn Coworking

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✌️ Two flex brands land on Entrepreneur magazine’s 2024 Franchise 500 ranking
Vast Coworking Group’s brands Intelligent Office and Venture X made Entrepreneur magazine’s 2024 Expand 👇 Franchise 500 ranking, recognizing outstanding performance in unit growth, financial strength and stability, and brand power.
Intelligent Office came in at #436 and Venture X at #463, with both brands having appeared on this prestigious ranking for multiple years. This year’s ranking was one of the most competitive assessments in the list’s 45-year history, according to those in the know.
Given the ranking is topped by firms like Taco Bell, Dunkin’ and Hampton by Hilton, this is a strong signal to the power of franchising in coworking.
💬 Discuss this.
🗞 Week 04, 2024
🔗 Direct Link
📰 News & Views
⏱ 113 days ago.
🔥 Flex space franchising heats up with big acquisition
In news that was teased out over the weekend, Vast Coworking (that houses flex franchises Office Expand 👇 Evolution and Venture X) announced on Monday that they’ve acquired Intelligent Office.
The acquisition adds 55 locations across the US and Canada to the group, bringing their total to over 190, servicing some 40k+ members. Jason Anderson, President of Vast, will lead the brand and oversee its ongoing development and growth. This big move puts the light back on franchising in flex, an area were IWG currently lead the pack with over 4,000 locations across their 14-or-so brands.
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🗞 Week 02, 2024
🔗 Direct Link
🤝 Market Moves
⏱ 128 days ago.
🌱 An update on The Coven’s progress as a franchise
Alex West Steinman shared an update from a year ago when The Coven had no franchisees to today where Expand 👇 they have three growing hubs in the network, and what they’ve learned from each.
Franchising was definitely an undercurrent trend over the last two years, but I believe it will become more front-and-center as an alternative entry into flex space businesses this year.
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🗞 Week 02, 2024
🔗 Direct Link
🤝 Market Moves
⏱ 128 days ago.
🔟 10 industry trends driving coworking in 2024
The andcards team compiled insights from 150+ industry professionals to produce a report of the top Expand 👇 10 trends in coworking to keep an eye on.
They include community connections, rural retreats, boutique-vs-corporate vibes, redefined offices, niche experiences, eco-friendliness, coliving + coworking, franchising, live-work buildings, and tech-driven coworking. The report also includes some insights from some of the industry’s top community leaders.
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🗞 Week 01, 2024
🔗 Direct Link
📈 Data
⏱ 134 days ago.
💡 Takeovers & franchising enquiries tops indies for first time
Craig Baute shares that for the first time DenSwap have done more feasibility studies for landlords Expand 👇 looking to backfill ex-WeWork spaces or evaluate coworking franchises than independent spaces looking to grow. Could be a sign of shifts in the market, or an opportunity for indie brands looking to get creative with landlord partnerships.
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🗞 Week 04, 2023
🔗 Direct Link
📰 News & Views
⏱ 477 days ago.

 

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