EC32: Building Digital Nomad Coliving, Shared Living Survey, Lessons from Common & Selina, Coliving Events, Coliving Incubator, and Other Coliving News.

• Get your paperback, kindle, or PDF edition of Art of Coliving Book.
• Starting or operating coliving space? Level up and Join the Coliving Incubator Program.
• Are you building a coliving business? Get Free Coliving Advisory

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(The following content is written by Mayank Pokharna. You can reach out to him in case you want to chat more about all things coliving)

🔁📝Last week, we coveredcoliving platforms and their evolving role, which ties into today’s post on digital nomad coliving and shared living surveys. If you need a quick refresher, check out EC31: Coliving Platforms & Weekly Q&A below:

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Coliving Innovators Podcast: How to Build a Digital Nomad Coliving? Mayur, Founder, NomadGao

We had the pleasure of speaking with Mayur Sontakke, founder of NomadGao, on the latest episode of Coliving Innovators! 🌍

In this episode, we dive deep into Mayur’s incredible journey from being a financial analyst to becoming a digital nomad and ultimately launching a thriving coliving brand in India. 🇮🇳

Here’s what we covered:

✅ How Mayur turned retreats into successful coliving spaces

✅ The challenges of creating a digital nomad hub in an emerging market

✅ Building a community-first approach to coliving

✅ The role of operations and technology in scaling coliving spaces

If you’re passionate about the digital nomad lifestyle, remote work, or considering starting a coliving business, this episode is packed with golden insights! 💡

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Participate In The Largest Shared Living Survey By COHO

Shared living is growing, and it is growing fast. The positives of shared living or coliving far outweigh the negatives, and hence it is the fastest-growing living segment. Since 2017, more than $50bn has been invested in the shared living ecosystem and it is on a path to grow with 18% CAGR.

Understanding the end user and building solutions for accordingly has become a need of the hour. In the same spirit, COHO, a UK based shared living software has undertaken a massive excerisise of launching the largest shared living survey of 2024.

Fill it if you have ever lived in a shared house? The stories are legendary (good, bad, and hilarious, we bet!). Let your voice be heard and learn what the users want.

Please fill in the survey on the link below. You can also share it with your tenants.

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Sponsorship Opportunities: Everything Coliving Newsletter

If you are looking to expand your reach within the coliving sector you should considering launching and promoting your product in the Artof.Co ecosystem and gain long-term brand awareness.

Our goal is to create strong and long term brand awareness for your company, which educates coliving actors on how your solution can benefit them. Our content is value-driven. We only promoted products and service providers that our community wants and needs. By working with Artof.Co and its media channels, you align your brand with the forefront of living space innovation and a dedicated community of professionals, enthusiasts, and pioneers in the coliving sector.

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Sneak Peak Into Coliving Incubator Program

Here is what being a part of the program gets you and this is just the starting bit.

Is it a course? No, it’s not . Its a program built keeping in mind:

• Every coliving journey is different and the program adapts to it.
• Peer learning is the best form of learning, and we have weekly masterminds for exactly that
• Rome was not built in a day, and hence, we think a 12-month milestone-based
  program is needed to help coliving entrepreneurs build sustainable
  coliving businesses.

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The Downfall Of VC-Funded Coliving Startups: Lessons From The Collapse by Sergii Starostin

In 2024, the bankruptcy of Common, a pioneer in the co-living sector, raised concerns about the sustainability of venture capital (VC)-backed startups. Common’s rapid expansion, high operational costs, and market misalignment contributed to its collapse. Similar failures were seen with Quarters and HubHaus. These cases highlight key lessons: the importance of financial planning, cautious scaling, and balancing growth with operational stability. While setbacks occur, the demand for co-living remains, emphasizing the need for a more sustainable business approach. Here are the most important talked about points in the article.

• VC-Backed Co-Living Startup Failures : Common, Quarters, and HubHaus faced bankruptcy due to aggressive expansion, high operational costs, and market challenges.
• Operational Challenges : Mismanagement, high interest rates, and regulatory complexities strained finances.
• Misalignment with VC Expectations : Venture capital’s demand for rapid growth conflicted with real estate’s slower, conservative nature.
• Future Outlook : Despite failures, co-living demand remains strong, growing 20% since
  2020. A sustainable, cautious approach can lead to long-term success in
  the sector.

Read the full coverage here on Forbes.

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Everything Else Coliving

• In a recent conversation, Mayank Pokharna sat down with Martin Fleischer, a seasoned real estate expert, to discuss the evolving landscape of coliving and shared living. Below are some key takeaways from their discussion on how coliving is transforming the housing market and what it means for both entrepreneurs and residents. Read it here.
• Watch how community at Casa Mia Coliving has evolved in last 5 years.

• BTR - PBSA - Coliving are they all the same or becoming same? Read insights from Dan Smith on his linkedin post here.
• Collective Hospitality will attempt to revive Selina. Singapore-based Collective Hospitality has confirmed its acquisition of the majority of Nasdaq delist Selina Hospitality to try to salvage the “digital nomad” brand and expand its experiential-driven lifestyle portfolio. Terms of the deal have not been disclosed.
• Is co-living the answer to the UK’s housing crisis? Coliving is a relatively new rented housing concept that sits somewhere between purpose-built student accommodation (PBSA) and build-to-rent (BTR). Typically seen as student accommodation for young professionals, the model is evolving and, potentially, could meet the housing needs of a wider demographic.
• Navigating Evolving Trends: How Flexible Living Concepts Are Shaping the Future of Urban Hospitality. Read here.

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If you want us to cover anything, please mail it to us on coliving@everythingcoliving.com

Gui Perdrix & Mayank Pokharna
The Artof.Co team

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🆕 Up Next

🔗 EC33: Art and Science of Coliving, Coliving Templates, Coliving Technology, Coliving Tenant Profiles, Coliving Guide, and Other Coliving News.

🔗 EC34: Ep6 Coliving Innovators, Outpost Club, Register for Coliving Q&A, Future of Coliving, Coliving Spaces in Lisbon, Coliving Jobs, and Other Coliving News.