Regus Plans Reveal Rising Popularity of Serviced Offices
As Regus announces plans to launch more than 400 business centres by the end of 2013, the companyΓÇÖs rapid growth is a sign of the rising popularity of serviced offices.
In 2012, Regus invested ┬ú175.3m in growth, launching 243 new business centres worldwide. At the start of 2013, the company revealed intentions to launch 350 new centres by the end of the year. Now it has revised this figure, saying that it expects to have launched between 420 and 440 new centres.
And thatΓÇÖs not all. In 2014, the company will mark its 25th anniversary, but also expects to celebrate another significant milestone ΓÇô the launch of its 2,000th centre. Considering that it launched its 1,500th business centre in March this year, thereΓÇÖs no denying that the company is on track for rapid expansion.
But then, the company is making the most of the rising popularity of serviced offices.
Responding to new trends in flexible working
As we all know, the world of work is changing and offices are changing too. Office workers want greater flexibility in where and when they work; business owners and managers want greater flexibility to grow their companies, free from the burden of long-term costs and expensive assets. As we wrote earlier this year: ownership is old news.
Serviced offices provide the answer to this new relationship with the office. As a result, a greater range of businesses are turning to this type of space than ever before. RegusΓÇÖs impressive client list ΓÇô which includes Heinz, BMW, GlaxoSmithKline and Google ΓÇô is proof that serviced offices arenΓÇÖt just for small businesses anymore.
To meet the greater range of flexible office requirements, the serviced office industry continues to grow ever more diverse. Of course, Regus has been in a strong position to take advantage of this officing everywhere trend, launching business centres at service stations and Staples stores, alongside its more traditional business centre offering. The sheer size of the company allows them to trial innovative new ideas at relatively low risk.
Increasingly diverse serviced office options
But while Regus might be the best known name in the serviced office industry, itΓÇÖs far from the only option out there. Out of the 2,500+ business centres currently operating here in the UK, only 150 of these are run by Regus, while the vast majority are run by a variety of office providers, big and small.
The number of centres being launched by these providers is on the increase too, with 2013 launches already exceeding those for 2012 as a whole. ItΓÇÖs a pattern which suggests that RegusΓÇÖs expansion this year is in line with growth across the serviced office industry as a whole.
Like Regus, these other office providers arenΓÇÖt simply committed to growth ΓÇô theyΓÇÖre also committed to innovating, helping to create a more diverse serviced office market than ever before.
As a result, businesses looking for serviced office space are presented with a greater range of styles, locations and price options. From high-end designer space in landmarks like the Gherkin, to budget startup space with a focus on professionalism and practicality, the range of options is vast ΓÇô and growing. For businesses in need of office space, this┬áever increasing┬árange of options can only be a good thing.
What do you think? Will the popularity of serviced offices continue to rise? WhatΓÇÖs the next trend in the way we work? Share your thoughts in the comments.