Co-living execs offer glimpse at occupancy rates

Before the pandemic, co-living executives were looking to capitalize on demand for shared, low-cost accommodation — specifically targeting young professionals in major cities. But now, with thousands of units in the pipeline, the pandemic has called the sector’s business model into question — and executives are predicting a tough 12 to 24 months, according to Business Insider. “There are a lot of people who are concerned, including us, about the impact of the virus on

source https://therealdeal.com/2020/07/16/co-living-execs-offer-glimpse-at-occupancy-rates/