Search Office Space set to increase revenue for serviced office operators worldwide with the launch of meetingrooms.com
With meeting rooms standing vacant for an average of 50% of the time according to a study by the Global Workspace Association, leading flexible office solutions broker Search Office Space (SOS) today announced that it will launch meetingrooms.com
Set up to help meeting room providers increase revenue from their empty space, it also announced the appointment of industry veteran, Caleb Parker, as CEO.
SOS, who are about to celebrate their 20th anniversary, plan to launch the new product in the first quarter of 2014.
It is anticipated that Business Centre operator partners around the world will benefit from a substantial number of pre-paid bookings that meetingrooms.com will generate. Operators will be able to log in to a dashboard and have full control over their meeting room inventory and rates.
Richard Smith Search Office Space
CEO of SOS & President of meetingrooms.com
“Many of our partners have told us that their meeting rooms are an underutilized product,” says Richard Smith, founder and CEO of Search Office Space.
“With the growing number of requests for on-demand meeting rooms, and the sheer size of the meeting room marketplace, we see this as a huge opportunity for SOS partners to maximize revenue from their vacant spaces. We will be making the full resources of the SOS global team available to meetingrooms.com to ensure it becomes a household name for businesses of all sizes. And I have no doubt that this process will be expedited by the appointment of Caleb, who we are delighted to have recruited to spearhead this project.”
Three major trends are coming together to create an increased demand for meeting rooms.
1) Widespread adoption of mobile technology;
2) The rise in entrepreneurship;
3) The fiscal need for established businesses to reduce their real estate footprints by implementing agile workspace strategies.
According to a KMPG Study, “60% of businesses have increased their use of virtual workspaces while 48% of businesses have reduced their reliance on physical office premises,” shifting to on-demand space usage. While virtual working is quickly becoming the norm, the need for physical space is not going away anytime soon; the need is simply shifting to as-needed.
The company has appointed Caleb Parker as CEO. Caleb brings a diverse background of experience, including 12 years in the hospitality industry and nearly 7 years in the flexible office space sector, including time with Regus, Executive Space Solutions and TouchdownSpace. Caleb is a leading evangelist for flexible working, spreading his “on-demand workspace” message at numerous conferences, social media, panel discussions and various blogs.
“I’m really excited to join Richard and the team to create an excellent product with an amazing brand identity that will serve our industry and customers for years to come,” said Caleb Parker, CEO of meetingrooms.com
CEO of meetingrooms.com