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"<!-- wp:paragraph -->\n<p>Coworking operators are benefiting from the uncertainty clouding the <a href=\"https://www.bisnow.com/houston/news/coworking/as-traditional-office-recovery-falters-coworking-firms-continue-to-bounce-back-110181\">future of the workplace</a>.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As employers continue to delay their return to the office, coworking firms have noted seeing a spike in occupancy over the summer thanks to their short-term leases and flexible nature.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“I think a number of those companies would have just simply gone into traditional long-term space,” said Nick Clark, CEO of Common Desk. “And the uncertainty is bringing them to us.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In Houston, office occupancy levels have been trending down since the end of July due to the Delta variant of Covid-19 according to data from Kastle Systems. However, the area still has a higher occupancy rate than other cities the company tracked.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Still, this slowdown does not seem to be impacting coworking operators in the same way.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In fact, Clark stated that Common Desk’s Houston facilities have seen tour traffic grow by 30% during the second quarter of this year compared to the prior three months. Additionally, the company’s revenue across its Houston portfolio has grown by 60% since May.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“I think what Covid has done, and especially as Covid has lingered, it's just simply given more companies a chance to sit and think and strategize, and realize that maybe that five- to 10-year lease term isn't necessary,” said Clark.</p>\n<!-- /wp:paragraph -->"
<https://allwork.space/2021/09/coworking-is-benefiting-from-uncertainty/>