On a normal basis, large gatherings and conferences are usually held in meeting rooms within high-end hotel rooms but in the presence of serviced offices, this tradition is slowly being disrupted.Other than being a coworking space’s most profitable asset, they also represent a large opportunity for growth, industry experts say.

Shared workplaces with rooms that can accommodate groups of 20-40 people can host corporate training meetings, according to Alliance Network’s chairman and founder, Frank CottleProviders are missing out on a great opportunity sitting right in front of themselves.

By offering a cost efficient and much more appropriate alternative to hotel meetings, they are benefitting from the growing corporate mandate of innovation and sustained education.

Demand CatalystsThe increasing frequency of trainings and meeting plays a significant role in the thriving need for conference venues and event spaces.

Corporations want to clear themselves of the burden of these big rooms since they are used at least once a month only.

And with its usage averaging from once a quarter or twice a year, it makes sense that a majority of businesses simply want to settle with outsourcing the aforementioned space.Presenting a new contingency for flexible workplaces.