MyTown has increased its corporate clientele by 70 percent and continued to expand its product offering over the last 18 months since the pandemic started, as corporations increasingly see co-living spaces as essential and safe accommodation.
Hard lockdowns and frequent changes in quarantine levels present both challenges in forecasting business operations as well as constraints in mobility for many employees who commute to their places of work. Other companies face issues due to the lack of residential connectivity infrastructure that prevent productive work-from-home set-ups.
“The global pandemic has seen corporations embracing worker accommodation as a cornerstone of business continuity plans, employee engagement, and staff health and wellness. Having an affordable living solution where living, working and playing are available within walking distance has become critical in a world where mobility is heavily constrained,” said Jelmer Ikink, co-founder and group director for Philippines Urban Living Solutions, which owns co-living brand MyTown.