Christmas Marquez-Correa

Flexspace AI reports significant success with its dynamic pricing system for coworking spaces one year after launch, showing a 50% increase in revenue compared to fixed pricing models. The platform’s AI-powered pricing strategy has reportedly also led to a 74% year-over-year increase in meeting room bookings and encouraged longer booking durations, with 4+ hour reservations growing by 16%. The company is now launching SmartPricing, a new AI pricing engine designed to further optimize revenue generation for coworking operators.

Christmas Marquez-Correa shares that Flexspace.ai are introducing SmartPricing. The system uses AI to expand their dynamic pricing engine to automatically set and adjust pricing based on real-time demand, occupancy rates, peak traffic, booking terms and other factors.

The team at essensys have generously shared an un-gated recording of their recent webinar on innovative ways to drive revenue via tech with TWIC subscribers. Hear from essensys’ Kurt Patrick as he chats with Christmas Marquez-Correa at Flexspace, Mike Kriel from Launch Workplaces and Adrian Simpson at The Yard.

Christmas Marquez-Correa shares why coworking spaces should implement a dynamic pricing strategy (like hotels do) and how flexspace can help operators manage it.

Given what I’m seeing from platforms across the stack (eg Nexudus enabling dynamic pricing in w20/22), more and more individual tech companies are making it easier for operators to leverage fluctuating pricing, and profit margins