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Twostay Forges New Revenue-Sharing Coworking Model in Germany
The way people work has permanently changed, leading more employees and entrepreneurs to seek out more flexible options for the sake of their own productivity. In response to this demand for increased flexibility and accessibility to available workspaces, Twostay offers a revolutionary, revenue-sharing model in the coworking industry for professionals needing an on-demand, temporary space to work.
With a mission to curb CO2 emissions caused by the construction sector, which is responsible for approximately 40% of all greenhouse gases, Twostay has built its strategy around creating partnerships with existing spaces and local businesses to focus on sustainable choices. By utilizing spaces such as restaurants and bars that are typically closed during the day, Twostay is an exemplary business involved in the sharing economy — where the double use of resources leads to a win-win situation, granting more cost-effective choices to the end consumer.
Currently located in Munich, Germany, with plans to expand to every major city in Europe, Twostay’s framework has empowered local businesses by releasing the burden of idle hours through a revenue-sharing model. In addition, creating opportunities for freelancers to build their network by offering them the option to become a “Space Pilot” has allowed more people to open a space of their own. Twostay aids these “Space Pilots” in finding a space to run and dedicating a marketing budget for promoting their workspace and personal business.