The increasing number of so-called digital nomads is presenting -opportunities for developers to create hotel hybrids with both co-living and co-working spaces for short- and longer-term stays.

Leading the way is ASAP Quality Accredited Operator Member Ascott with its co-living, co-working brand, Lyf, with the first five properties already secured in China, Singapore and the Philippines, and plans to be operating 50 Lyf properties with 10,000 rooms by 2020 globally. Research among Ascott’s millennial targets showed that although guests like sharing communal areas such as the kitchen or laundromat, they prefer private bathrooms.

Also in this space, Ovolo Hotels’ Mojo Nomad concept in Hong Kong, offering beds from US$30 a night, based on college life and giving guests a bar, communal kitchen and co-working space where they can both work and socialise; Vienna House in Austria, introducing Vienna House Revo, which brings together guest rooms and laid-back common areas; and The Assemblage in New York City, with co-working, co-living and social spaces.

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