GrowthSpotter - October 25, 2018
Hospitality Ventures Management Group plans to announce next week a joint venture with shared workspace supplier Serendipity Labs to grow the latter’s presence and expand it into the hospitality sector.
Led by former Worktopia CEO John Arenas, Serendipity Labs provides temporary workspaces for mobile workers and space for small meetings and events. The company operates on a monthly fee-based membership model, based on use. It currently has locations in Rye, N.Y., and Chicago, with plans to open a location near Grand Central Terminal in New York this summer.
Source: Michael B. Baker, Hotel Management Group Teams With Shared Workspace Supplier, Business Travel News