Consolidation in the co-working sphere continues after regional outfit The Great Room was acquired by Industrious, a US-based operator. The Great Room has facilities in Singapore, Bangkok and Hong Kong with the brand known for its premium offerings and unique approach to flexible work.
“Industrious has historically created spaces that focus on hospitality, quality, and service, which has enabled us to set a new standard for what the workplace should look and feel like,” Jamie Hodari, CEO and co-Founder at Industrious, stated. “We are thrilled to bring on The Great Room within the Industrious ecosystem, especially given our aligned intent to provide high-quality, flexible workplaces. We look forward to expanding our offering on a global scale to better support work-from-anywhere models, while keeping our commitment to the highest customer satisfaction in the industry.”
Founded in 2016, The Great Room is based in Singapore and currently operates seven flexible workplace locations across Asia-Pacific. As part of the deal, it will continue to operate under its own brand which is set to be used in regional expansion efforts.
“We are looking forward to joining Industrious and to growing our footprint in Asia-Pacific to best support emerging work models,” Jaelle Ang, CEO and Co-founder of The Great Room, noted. “We are at the crossroads of a fundamental paradigm shift in how and where people work, a key element of which is the evolution of how companies think about the workplace.”
She continued, “The Great Room was born to change the way people work, meet and socialize, and we look forward to the opportunity to influence new communities across Asia Pacific through our unique human-centric approach to design, hospitality and programming. Together with the visionaries at Industrious, The Great Room will be able to grow our Asia-Pacific footprint with pace and energy to meet the needs of an ever-evolving metropolitan workforce.”