Experience-driven workplace destinations are outperforming the rest, says Convene CEO Ryan Simonetti.
The flight-to-quality trend that has been driving the office sector for the past several years is also fueling growth in the flex office space.
With an increased emphasis on quality over quantity, workspace providers have been experimenting with different new elements to attract tenants, including the addition of community-building events, elevated design and wellness amenities. And the hospitality industry serves as a source of inspiration for many of these enhancements, according to Ryan Simonetti, CEO & co-founder of Convene.
Focusing on designing, building and operating flex and meeting spaces in 39 locations across nine cities in the U.S. and the UK, Convene’s approach is hospitality-driven. What does that mean exactly? We asked Simonetti to expand on why tenants have come to expect the office to be more of an experience than simply a space to get work done, and how landlords are adapting to the flight-to-quality trend...
RSK: I have often said office flex space will be more like an office hotel space. You will pay a premium when you want to use it, but it offers flexibility for your business. There will also be amenities galore besides possible restaurant, pool and exercise areas etc.
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- - Volume: 24 - WEEK: 13 Date: 3/26/2024 2:31:24 PM -