Everything Coliving: Building Luxury Coliving Brand, Podcast Ep15, Artof.Co Initiatives Review 2024, Convert Properties to Coliving, Best Colivings Worldwide.
Note from the Author
Thank you for being a part of this amazing journey and supporting us throughout 2024. In this newsletter we talk about building a luxury coliving brand with Fredric from the COCO Community in Paris.
We also go through all the initiatives that Artof.Co worked on throughout 2024. I would love it if you have any suggestions on how we can help more coliving founders; please reply to this email.
I have been writing this for quite some time now; it’s about how to convert your existing rental properties, Airbnbs, or home stays. This is a 17-page detailed guide that can help you make the most of your property rental business in 2024.
Merry Christmas to everyone, and have a great time with your family at the end of the year. Let’s meet in 2025 with renewed energy and focus to take the coliving industry to the next level.
Colivingly Yours,
Things you may be interested in:
- Get your paperback, Kindle, or PDF edition of the Art of Coliving book.
- Starting or operating coliving space? Level up and join the Coliving Incubator Program.
- Are you building a coliving business? Get Free Coliving Advisory
- Launch and promote your product in the Artof.co ecosystem.
Coliving Innovators Podcast Episode 15
In our latest Coliving Innovators Podcast, we had the privilege of hosting Frederic Geoffrois , founder of COCO Community, a high-end coliving brand redefining shared living in Paris.
🎙️ What’s Inside:
- Why Frederic left his 17-year corporate career to pursue coliving
- How he turned his pandemic challenges into an opportunity to create a luxury coliving brand
- Lessons on starting small, scaling sustainably, and managing operations effectively
- The power of creating meaningful communities through authentic experiences
Aspiring to start your own coliving brand? Learn from Frederic’s journey and discover actionable strategies for building a profitable coliving business.
“Coliving is a business of details. Get the details right, and the brand builds itself.” – Frederic Geofferies, Founder, COCO Community, on Coliving Innovators Podcast
Artof.Co Year in Review
Launch of Coliving Incubator
At the start of the year, Gui and I spoke about creating an ecosystem to help coliving founders build sustainable and profitable coliving businesses. The need stemmed from our own experience of not having resources, templates, and community while we were building our own coliving business. We thought that if we gathered the best practices from our work with 300+ coliving founders in the last decade, we could significantly help founders fast-track their launch and growth.
We first launched it in mastermind format as a 3-month program, which later evolved into lifetime access to the community platform and a 12-month program with weekly community masterminds. Currently,
- 18 companies & 23 coliving founders as part of the program
- 20+ hours of video content and 100+ resources and templates
- 17 masterminds hosted with 30+ advisories.
- Founders building in a variety of domains such as digital nomads, students, young professionals, active seniors, multigenerational families, senior women, and much more.
Coliving Webinars, Q&As, and Coliving Guides and Resources
We started hosting Topical and Everything Coliving Q&As and webinars every month. This later evolved and took the shape of coliving guides that explain best practices and the latest innovations on a particular topic.
Just check Coliving Guides on artof.co’s website and dive into any specific topic related to coliving. Currently,
- We have 10 detailed guides ranging from concept, design, operations, marketing and even technology, explaining in detail different aspects of building a coliving business.
- 7000+ users have read these guides so far.
- 130+ blogs delving into different aspects in depth.
Artof.Co Demo Day
We hosted our first-ever Demo Day showcasing 9 innovative coliving concepts. The event took place virtually on 30th April and was attended by more than 176 coliving investors, operators, service providers, and other coliving stakeholders. We intend to keep doing it in 2025 to bring more coliving innovation in the forefront.
Launch of Coliving Course
We also launched a Coliving Course. It’s a do-it-yourself course that is a combination of 20+ hours of video content, along with reusable resources and templates that can help you build your coliving business. The idea was to enable small coliving entrepreneurs who cannot commit to the Coliving Incubator Program but still want to learn about best practices for building coliving businesses.
Everything Coliving to 30k+ Readers
We wrote 48 editions of Everything Coliving Newsletter in 2024, and it now goes to 30k+ readers around the world. With this initiative we wanted to keep all of you updated on the weekly happenings in the coliving ecosystem. In 2024,
- Since Jan 1, 2024, the newsletter has been read 500k+ times.
- We wrote 48 editions of Everything Coliving.
- We are read in 80+ countries worldwide.
Coliving Innovators Podcast
In a world full of news about failures and bankruptcies, we wanted to talk about sustainable and profitable coliving businesses that awesome coliving founders are building around the world.
What better way than to do it with deeper, insightful conversations on how they built it and their journey and learnings along the way? Hence, we started hosting the Coliving Innovators Podcast. In 2024,
- We released 15 episodes and recorded 25.
- 3000+ hours of playtime on Youtube and Spotify
- 1600+ unique listeners
Coliving Readiness Index
We saw a lot of conversions of traditional rentals to Airbnb (coliving mentions on Airbnb grow by 1000% in 2024), homestays into coliving and we thought of providing an objective way for coliving founders to understand how ready they are to launch, operate, and scale their coliving businesses.
Hence we launched The Coliving Readiness Index. It is a combination of 11 factors that covers a complete lifecycle of a coliving business. In 2024,
- 30 tests taken on the CRI scale
- Average score of 26/55 across all respondents
- Less than 40 indicates low and medium levels of readiness.
How to convert your homestay or traditional rental property into Coliving?
Are you ready to embrace the coliving revolution? As urban living evolves, coliving spaces are redefining how people live, work, and connect. If you’re a property owner with a homestay or traditional rental property, now is the perfect time to tap into this transformative trend. Not only does coliving offer a lifestyle of affordability, community, and convenience for tenants, but it also unlocks incredible revenue potential for you.
In this detailed guide, we break down the step-by-step process of converting your property into a vibrant coliving space. From evaluating your property’s potential to designing community-focused shared spaces, we cover everything you need to know to succeed in this competitive market.
What’s Inside:
- Understanding Coliving: Learn why coliving has become the preferred lifestyle for modern renters and how it differs from traditional rental models.
- Evaluating Your Property: Identify the key factors that make your homestay or rental property suitable for a coliving transformation.
- Design Strategies: Explore tips for creating the perfect balance between private rooms and shared areas that foster connection and comfort.
- Legal and Regulatory Requirements: Navigate zoning laws, safety standards, and lease agreements with ease.
- Building a Thriving Community: Discover how to design events, manage operations, and create an inclusive environment for your residents.
- Effective Marketing: Attract the right audience with targeted strategies and online tools.
- Sustaining Long-Term Success: Unlock tips to maximize revenue, enhance resident retention, and scale your coliving business.
Why You Should Read:
- Boost Revenue: Coliving spaces can generate up to 30% more income than traditional rentals.
- Build Communities: Create a living experience that fosters genuine connections and combats urban loneliness.
- Stay Ahead: Learn about key trends shaping coliving in 2025 and beyond.
Check out our comprehensive guide. Read the full article here.
Top Coliving Spaces Worldwide
This year at Artof.Co, we’ve curated a comprehensive list of the top coliving spaces around the globe. The idea was simple: give more and more visibility to the coliving brands that made an impact in their respective cities. Every week, we add a new city to our directory, offering you a trusted and unbiased guide to the best coliving spaces worldwide.
Have a happy end of the year!!!
See you in 2025.
We hope you enjoyed this edition and wish you a great weekend ahead. Reply us with your thoughts on what more you want to read and if you have any feedback.
If you want us to cover anything, please mail it to us on coliving@artof.co
