Coliving, the on-trend alternative to hospitality in France : Miracle or mirage ?
Date de publication : 23.05.22
Anne Epinat Christopher Boinet
A recent arrival from across the pond, coliving blends shared accommodation and apart-hotel services, combining communal living with amenities that can be worthy of even the best hotel. The concept is catching on and seducing French investors. But as the saying goes, “all that glitters is not gold”.
What is coliving, and what advantages does it offer?
In coliving, the user, known as a coliver, benefits from furnished accommodation and various apart-hotel amenities, or in some cases from a genuine upscale service tailor-made for digital nomads. This alternative to traditional lodging, whose design and layout are breaking away from conventional ideas, is currently trending in France – flourishing even.
For investors, coliving can also be advantageous. Any, or almost any, space can be converted into a coliving facility since the concept can be adapted to anything from a 5-bedroom property to a 100-unit apartment block. To the casual eye, it’s a win-win situation – the return on investment appears attractive, the business plan is optimistic, …