Curated News
By: NewsRamp Editorial Staff
April 02, 2024
Vast Coworking Group™ Achieves Double-Digit Growth in 2023, Expands Global Footprint
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- Vast Coworking Group achieved a 21% increase in systemwide sales, positioning itself as a dominant force in the private sector of coworking.
- Vast Coworking Group comprises leading coworking franchises Venture X and Office Evolution, achieving double-digit increases in key benchmarks.
- Vast Coworking Group's ongoing growth and success create vibrant hubs of creativity and productivity, meeting the evolving needs of members.
- Vast Coworking Group, the world's largest privately-owned franchisor of coworking spaces, achieved remarkable year-over-year performance with double-digit increases in key benchmarks.
Impact - Why it Matters
The news is important for entrepreneurs, freelancers, and businesses seeking flexible workspace options. The growth of Vast Coworking Group™ indicates a rising demand for coworking spaces, offering more opportunities for professionals to access shared office spaces and amenities. The company's expansion also signifies a shift towards more innovative and collaborative work environments.
Summary
Vast Coworking Group™ (Vast), the world's largest privately-owned franchisor of coworking spaces, reported a 21% increase in systemwide sales and 16.5% increase in systemwide membership for 2023. The company also opened 11 new locations, added 295,578 square feet to its global footprint, and acquired Intelligent Office®, making it the third largest global coworking network.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Vast Coworking Group™ Achieves Double-Digit Growth in 2023, Expands Global Footprint
