Nestor Living Ltd.

The hotel sector adapts rapidly to new developments and trends. This business understands how to accommodate everyone, from backpacker hostels and glamping sites to ultra-luxurious resorts. In addition, its ultimate objective is to ensure that every individual on Earth may discover something that suits their lifestyle and habits.
Coliving has emerged as one of the most intriguing new hospitality trends in recent years. However, coliving did not originate in the hotel sector. It began as a way of life for those who prioritize and respect a strong feeling of community. As coliving places began to proliferate, the hotel sector realized that many individuals truly want to do so.

Here are some of the reasons why people like coliving:

• A feeling of community and interpersonal connection
• Surround yourself with folks that share your values.
• Working for a same objective of fulfillment and joy
• Self-awareness and group consciousness
• More amusement and enjoyment at home
• Never feeling alone or uninteresting
  
  Here are some of the most significant ways the hotel sector is participating in and capitalizing on this trend:

Life in hostels and travelers

The most prominent examples of coliving in the hospitality business are hostels. Essentially, it all began when hospitality firms began selling accommodations at much reduced prices since guests shared a room or apartment rather than having their own.

However, the fundamental notion has evolved, and hostel life has become its own subculture. The fact that you share a room with strangers, which made hostels inexpensive, is today what draws millions of young people who want to meet new people and learn about other cultures.

Maya Geller, a freelance writer at TrustMyPaper, shares her experience: “Community, sharing, learning, and just simply living with others, as a family, have become the true purpose of hostels. Ask anybody who has ever been at a hostel, and they will tell you that even after a brief stay, the sentiments of connection and community are indelible.

It is not uncommon for someone who can afford to stay in a 5-star hotel to choose to stay in a hostel instead. If you ask them why they choose to stay in a hostel, they would likely mention the opportunity to meet new people and the unique environment of hostels. In essence, their response has become the new raison for coliving as a lifestyle philosophy: not just saving money on lodging, but also enjoying a totally different vacation experience.

Couchsurfing

Couchsurfing is another well-known hospitality idea that encourages coliving. It was first conceived by individuals who travel the globe and want to sample diverse accommodations. Many individuals believe Couchsurfing is a way to save money on lodging. Unfortunately, it is for some, but in general, it is intended as a chance to spend time with residents, as opposed to seeing a place through the warped lens of tourists.

To begin traveling and coliving with other couchsurfers, you must build a profile and explain your motivations for doing so. Your profile description is the most influential factor for hosts when selecting whether to accommodate you.

To increase your chances of hosts accepting your couchsurfing requests, it’s always a good idea to use professional sites like Couchsurfing.com (to find the most popular hosts and couchsurfers and observe their profile descriptions) or various writing services like Supreme Dissertations (to find assistance from professional writers who can write couchsurfing descriptions for you).

Coliving Housing

Finding a coliving house is a clever option to hostels and couchsurfing hosts, since it provides a happy medium between the two. Many visitors and travelers are unaware of this fact, yet coliving residences may be found in any region of the globe.

In certain places of the globe, coliving is more popular and advanced than in others, but you shouldn’t have any problem finding a space everywhere, particularly in major cities.

Coliving residences give a genuine feeling of home away from home. The only difference is that you will meet individuals from all over the globe and have the opportunity to explore a new city.

The Luxury Hospitality Industry and Coliving

Coliving is not a notion that has just been used to low- and middle-priced housing alternatives. Currently, it is also gaining popularity in the premium segment of the market.

Coliving and coworking spaces for individuals from all walks of life are increasing in Dubai and Singapore. It is anticipated to increase even more as the trend receives more and more notice.

In London’s Canary Wharf, a luxurious coliving facility with a spa, bar, and cinema is now available, with microrooms beginning at GBP 1,300 per month.

Digital Nomads and Shared Housing

Coexisting alongside coliving is the advent of digital nomads — those who work remotely and have the opportunity to work from wherever. Unlike remote employees, digital nomads intentionally change locales in order to get as much experience as possible.

Many digital nomads work from their laptops to expand their businesses, therefore they need a productive environment. Coliving spaces help digital nomads strike the ideal balance between work and leisure by allowing them to socialize with others and engage with locals while still being able to work.

Time constraints are another factor that makes digital nomads and coliving an ideal match. Nomads prefer not to remain in one location for too long, but when they do, they want to feel at home. In most instances, they cannot rent out apartments or rooms for short stays. This is exactly where coliving comes into play.

Conclusion

As you can see, the hotel business offers several coliving choices. It is reasonable to state that this trend is only beginning, and it is quite difficult to estimate the angle of its future rising slope. In any case, it is a trend worth pursuing. Similar to coworking, the demand for coliving spaces is on the increase, which will result in more competition, innovation, and quality than ever before in this segment.

It’s difficult to forecast what coliving will look like in the hotel business in five or ten years, but we’re interested to see where it goes! Have you ever stayed in a coliving place while on vacation?