Search

Home > Everything Coworking > 178. Coworking & Coffee Company Pivots to Hospitality as a Service for Multi-Family Lobbies
Podcast: Everything Coworking
Episode:

178. Coworking & Coffee Company Pivots to Hospitality as a Service for Multi-Family Lobbies
Category: Business
Duration: 01:07:01
Publish Date: 2020-12-09 09:30:00
Description:

Trevor Hightower started his own coworking brand in the lobby of a multi-family apartment building. He learned a lot about what worked and didn't work in that model and eventually met and joined forces with the founder of Craftwork.

Craftwork enhanced the revenue model and mojo of a coworking space by combining it with an open-to-the public coffee shop. Coffee in the front, coworking in the back.

Craftwork started experimenting on partnering with developers of multi-family apartment buildings to build a Craftwork location into the amenity set. The buildout was paid for, but they still signed a lease.

COVID struck....all coffee shops closed down. The leasing model showed its weaknesses.

Trevor shares his story about how COVID accelerated their pursuit of a stronger model for their business - hospitality as a service...what that looks like and where they're headed.
Total Play: 0