Business
Ben Wright is Head of Flexible Office Solutions, SquareFoot. He is also the founder of Upsuite, a digital platform that helps people find and book flexible work space. Ben is a former economist and a data nerd. His passion for data surfaces insights that help coworking space operators get access to market dynamics that they can act on. On this episode, we talk about: - The findings of Upsuite’s Q2 North American coworking data - The return of demand in major cities such as NY and LA - How operators are still working on getting to a cash flow positive occupancy rate - How shopping is still lagging signing in many markets - The challenge of digging out of deep COVID discounts for WeWork - The return of small team demand - 4-8 seat requirements - How the drop in supply is making demand feel higher in some markets - Why he’s worried that the coworking sector isn’t ready for the return of demand.