Know How Co-Working Spaces Are Transforming Into Luxurious Hotels?

(High-end and luxurious co-working space)

With the exponential rise in co-working spaces, many luxurious hotels have also made a move towards providing the shared office spaces solutions to the businesses and corporate leaders. Earlier, the hotels used to cater services to seasonal business travellers, but now they are changing their work style to accommodate the new wave for entrepreneurs, small enterprises, millennial, and startups by offering shared office spaces with outstanding hotel experience wrapped in elegant and premium co-working spaces to create a brand new experience for their clients. Hence, these hotels are no longer a place just to stay, but to work as well.

As co-working spaces have gained an advantage in the last couple of years, it offers several reasonable options. In recent years, some premium hotels have even started to merge their hospitality section with the productive environment of a co-working space. Pioneering these concepts are premium coworking places like AccorHotels and Nextdoor. These hotel groups offer a dedicated co-working space which is specially reserved for certain professionals. AccorHotels is doing well in the industry of co-working, which has formed a partnership around Nextdoor originally created by Bouygues.

Similarly, The New Esplanade Hotel in Australia is offering the most flexible and fully-fledged co-working spaces within their hospitality zones. These hotels strategize on re-establishing themselves as a vital part of the co-working community. The hotels are mostly occupied with a dedicated 24*7 collective workspace to enable guests and locals to be able to work, meet and find inspiration, The entire hotel in such cases is designed to act as a central point, with a 24-hour lobby, comfy communal areas, rooftop bar and coffee shop. These co-working spaces in hotels have only one mission to provide – a one-stop solution for its community through modern design and high-end services of a coworking space, which comprises of conference rooms, WiFi connection, private cabin, meeting rooms and other amenities.

Co-working Spaces in Hotels; A New Eye-catching Element:

In the era of the collaborative economy, flexibility and digital nomadism, the combination of co-working spaces with hotels are developing into a new eye-catching element for many commercial real estate entrepreneurs and well-established companies like Amazon, Yahoo, Paytm who are willing to expand their co-working business in a premium destination. After the traditional office space approach is almost dead, the new hotels-cum-coworking spaces are turning out to be a future of hospitality which not only provide additional benefits and the potential for revenue growth, but also enhancing ties towards remote workers and digital nomads. Keeping in mind all the futuristic trend of coworking spaces here are few benefits of luxurious co-working spaces for entrepreneurs;

(Friendly environment at work)

It offers flexible and elegant workspaces: Traditional office spaces have blurred the walls of the workspace in many ways. It is not limited to where people once worked inside the cubicle workstations. In response to the latest trend, co working spaces are springing up almost everywhere in metropolitan cities and the phenomenon hasn’t spared the hospitality sector either. The revolution in modern design offices the industry are designed to accommodate the ways entrepreneurs dreaming of the idea to work in the best attractive work culture. A few co working companies are elevating business centers into a hotel design, this trend is for travelers to carry on their own gadgets and work essentials making use of free hotel services. These spaces are confronting more and more inviting, work friendly environment in comparison to other workspaces.

They’re great for visitors and non-visitors: If you have a clients or any customers the shared office spaces in hotels are just great to crack any business deals or host any formal and informal meetings. This enables workers to connect with like-minded individuals, setting up a fluid experience where work can combine with social activities, networking and more.

It provides a sound solution to digital nomads: There are several benefits when you opt for co-working spaces which are located in a hotel which has a massive impact on the other hotels both from a community standpoint and in terms of generating revenues. It has become the go-to spot for local entrepreneurs and freelancers with the large, conventional area that offers couches, tables, pool, gym, hotels restaurant, desks and plenty of different areas to work.

(Co-working space for digital nomads)

They suit a growing lifestyle of millennial: With an ever-evolving lifestyle, many individuals are already enhancing their way of operating businesses by incorporating larger social spaces like lobby lounges and co-working spaces are the next logical step. This type of co-working spaces are especially created to provide the luxurious office design to millennial, because they enjoy the approach of a lavish work culture with all the modern amenities. Also, this work environment offers them to freely communicate with one another without the feeling of being judged by other co-workers.

Benefits for the owner of hotels: When it comes to the benefits, co-working spaces in hotel provides a great opportunity to the owners and operators of hotel in the context of generating revenues, for setting up a collaborative working environment for setting up co working business located in good micro markets, nearly by public transport and good parking areas. That’s precisely why IWG, the world’s largest services offices provider with brands Regus in India is watching hotels and malls closely.

Therefore, many world’s largest and the most influential business hub is unsurprisingly modernizing towards the hotel that offers the atmosphere with a private club, luxurious offices, private lounges, on-site restaurant and excellent services with flawless experience even for the most demanding professionals. The co-working has just a moved ahead and its time to make a redoubled effort so that you can maintain the success of your business more wealthy.