Industry Report: Coworking Hotels
By Horwath HTL on 20. November 2018
According to latest research by Horwath HTL Netherlands, the ‘Coworking Hotel’ concept is on the rise.
In ‘Coworking Hotels’, hotel facilities are integrated with coworking spaces, whereby hotel guests and local residents can gather to meet and/or work. In this way, ‘Coworking Hotels’ offer a hybrid of working, sleeping and living, anticipating the needs of millennials and the growing group of digital nomads.
The data shows that the number and ratio of branded hotels is increasing in almost all the markets we reported on, through a variety of different business models. The overall share of chain hotels versus independents is increasing, even in mature markets. We uncover many fascinating facts about these markets, and we hope they will add to your understanding of this key Industry.