The Fight to Stand Out in Metro Manila’s Crowded Flexible Workspace Sector
In Metro Manila, serviced offices dominated the flexible workspace sector, with key players already involved in the space including the likes of Regus, Compass Offices, V Offices, and KMC Solutions. Meanwhile, co-working spaces started by small businesses are trying to introduce an affordable alternative to working in coffee shops.
With the increasing importance of agility for modern-day businesses, as well as the proliferation of virtual and remote employment, the market for flexible workspaces have grown dramatically. Developers such as Ayala Land Inc., have already recognized the growing potential of this business model, and started adding flexible workspaces within their portfolios. Big names in the flexible workspace industry from all around the world have also started coming into the country, including Spaces, Common Ground, and WeWork.
With a growing list of competitive options for entrepreneurs and businesses alike to choose from, how can a flexible workspace operator really stand out? What strategies are providers applying in order to differentiate one from another? Are these points of differentiation really helping to ensure the future of flexible workspace?
In our latest report we take a close look at the increasingly competitive flexible workspace market in Metro Manila, and address the key steps that they can take to at tract new users and protect themselves from future consolidation. From location to space design to value-added services, we’ve drawn on our extensive experience in the global coworking sector to provide you with unmissable insights into the rapidly expanding Metro Manila flexible workspace environment.
Download the report, and discover for yourself the factors that set leading Metro Manila coworking spaces apart.
Insights • Economy
Retail sales remain below pre-pandemic levels (Chart I), as footfall in malls continues to be hit by an ongoing capacity limits, border controls and work from home arrangements. From dine-in bans to the cap on group sizes, restrictions in the F&B sector have dealt an even greater blow to the retail industry as F&B establishments are integral to draw traffic to any retail sites.