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What Are Virtual Coworking Spaces?
These are online environments where people work together at the same time. Virtual coworking spaces have evolved to include many features that are associated with the physical counterparts. These platforms can be free or be accessed by paying certain amounts. Due to the pandemic, remote coworking spaces are also pivots of companies that were originally operating physical coworking spaces.

Why Virtual Coworking Spaces?
COVID-19 has most definitely magnified the advantages of these spaces. These benefits include:

Accessing a community of individuals without risking his or her health. Being a part of a community helps address the issue of loneliness and increases motivation needed to work.
Engaging with people from diverse geographical locations. This results in different perspectives on many topics, and can enrich work experience.
Paid virtual coworking spaces are cheaper than traditional office spaces and even physical coworking spaces.
These types of coworking spaces offer greater flexibility for individuals who travel often. This particular benefit was, of course, more relevant before the pandemic.

A virtual coworking space may seem like a dream come true but if the pandemic comes to an end, we should each seriously consider if it is a more suitable option than traditional coworking spaces or offices. As mentioned earlier, virtual coworking may be a wonderful idea for individuals who are always travelling; in addition, it could be suited for people who wish to work from home even after the pandemic, and entrepreneurs who operate their businesses from home and need a professional address as a business address.

Essentially, coworking spaces offer a myriad of benefits, such as;
Focused workspace,
A professional community,
Accountability and productivity boost,
Low maintenance cost,
Cloud storage,
Promotes transparency in the business.

Coworking creates flexibility in real estate, adds services, and can generate profits to landlords by offering premium space to tenants. These benefits are why Chang sees the industry transitioning into a hospitality offering, where clients will appreciate the variety of services and premium add-ons. These can include amenity offerings, such as self-service kitchens and beverage stations, to branded in-store coffee shops, and restaurants. All of this culminates in the perception of the brand, the culture of the community and customers in it, hence elevating the coworking “vibe.”