Everything Coliving: Hybrid Hospitality, Coliving Missing Piece, Artof.Co Demo Day And Global Coliving News.
You are receiving Everything Coliving, the summary of coliving news, insights, and announcements curated by the Artof.co team. Today, it’s Mayank Pokharna behind the edition!
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Is coliving the missing piece in mixed tenure?
In this piece by Niki Kyriacou, the coliving sector lead at NHBC discusses the increasing relevance of co-living in the UK housing market, particularly in the face of the ongoing housing and cost of living crisis.
On one side, there is tremendous traction for coliving: 600,000 potential coliving residents in London alone and 1.9 million across the UK, yet there are only 4000 operational coliving units in the UK.
Co-living appeals to a wide demographic, not just the young or recent graduates, by offering financial savings, flexibility, and community integration, aspects particularly valuable in urban settings.
Currently, there are approximately 6,500 co-living units under construction across the UK, with an investment forecast of £2.25 billion in the near future, indicating a strong belief in the coliving sector. Read the full article here.
Art of Coliving, the #1 book on how to build coliving spaces, is now on Kindle
The Art of Coliving is a blueprint for how to create, set up, and scale coliving spaces and operations. From concept and branding to community facilitation, real estate, marketing best practices, and operational advice. Gui interviewed more than 200 coliving organizations to understand the fundamental principles that guide successful coliving spaces.
This workbook will guide any coliving professional into the state-of-the-art of coliving building. Whether coliving founders, community managers, architects, or real estate developers, tapping into The Art of Coliving will help you tap into the greatest minds and doers of this new industry and teach you how to think and do coliving.
The OG of Hybrid Hospitality
This piece talks about Hotel Casa and how it pioneered the supposedly new trend called hybrid hospitality even before it was a thing.
Founded in the late ‘50s to help solve the housing shortage for students,. Their hybrid model of offering hotel rooms alongside student housing allows them to create an interesting mix of people while simultaneously generating extra cash to subvert their affordable student accommodation.
Student rooms cost about 500 euros a month, which is very cheap for Amsterdam, so it won’t surprise you to hear there’s a two-year waitlist.And their hotel rooms can cost anywhere between 120 and 250 euros a night.
A 24/7 Lobby Shop That Prints Money 💸
The hotel doesn’t have to do anything, the shop is fully autonomous with self-service by card paymentWhen some products need to be restocked, an operating company takes care of it. The profit share is 35% for Hotel Casa, with the rest belonging to the operating company.
The coworking spaces, 24\7 availability of manpower in terms of students, and the and the F&B network, there is a lot more to learn for all the new coliving spaces.
The combination of supplementary revenue streams with a unique businesss model of reducing cost and optimizing revenue made it one of the most profitable venture for its scale.
And not to forget: Join the Artof.Co Demo Day
Join us on April 30th at 5 pm CET for our Coliving Incubator Demo Day 2024, with 7 wonderful coliving entrepreneurs showcasing their coliving concepts along with Mayank Pokharna and Gui Perdrix from Artof.Co
Demo Day offers the opportunity to hear directly from coliving space founders about the innovative coliving companies they have been building throughout the 12-week Coliving Incubator Program.
Everything Else Coliving
- CIVIT, which is at the forefront of redefining communal living through innovative technology, is looking for a marketing co-founder.
- Interesting Coliving Ettiquets Guide by CasaMia Coliving, Singapore.
- Read: The $100+ billion market you're overlooking: Why coliving is more than just a niche.
- Somebody in Singapore came up with the idea of creating a coliving train!
- Cowool, one of our favorite coliving spaces, opens a new location in Toulouse, France!
- How coliving is changing the world? Paradigm Shift: From Sustainable Buildings to Sustainable Communities
- Listen to the recent podcast by Vann Vogstad of COHO and Andy Grahm on the HMO (shared living) industry in the UK.
- Watch the latest Coliving University webinar on How to Market Your Coliving Spaces.
- Swiss Life Asset Managers enters a joint venture with True North Management to invest in the UK coliving sector.
- Coliving in Africa: Explorer builds coliving space for travelers and digital nomads in Diani
- Boston looks to make living more affordable with community living solutions like coliving.
- SK D&D Signs MOU With The Largest Global CoLiving Provider Habyt
- Read Williams Mota’s thoughts on Why Coliving HMOs is the ultimate buy-to-let strategy to invest in 2024?