Representatives from several co - working firms have expressed their belief that the industry is ripe for major consolidation over the next few years . The margins started out pretty juicy in the business in the very early days, but that gets compressed and you have to make your margin on scale. Speaking at an industry event in Washington , DC , Anna ##bel Levine of Industrious said she expected in the future that a handful of major players would exist , all with something slightly different to offer . WorkReady Suites president Austin Flajser predicted co - working would follow a similar pattern to the hospitality industry , with larger brands bringing a number of others under one umbrella , while Fortune 's Michael Burke observed that scale was necessary to survive a downturn .
Representatives from several co - working firms have expressed their belief that the industry is ripe for major consolidation over the next few years . Speaking at an industry event in Washington , DC , Anna ##bel Levine of Industrious said she expected in the future that a handful of major players would exist , all with something slightly different to offer . WorkReady Suites president Austin Flajser predicted co - working would follow a similar pattern to the hospitality industry , with larger brands bringing a number of others under one umbrella , while Fortune 's Michael Burke observed that scale was necessary to survive a downturn .