María Montis, the COO of LOOM, discusses the evolution of the flexible workspace industry amid the pandemic. LOOM, became part of Merlin Properties to allow the company to “offer the full range of possibilities in the market to its clients: from the traditional office to pay-per-use.” The COVID-19 crisis highlighted the value of this approach, as companies sought more flexibility in their leases due to market uncertainties.
LOOM also offers space management services, known as LOOM as a Service, to support companies wanting their own spaces without the hassle of management or how partnerships with demand aggregators, which can provide a steady revenue stream when integrated properly. Additionally, the concept of coworking spaces in shopping centers has been explored but not prioritized yet. LOOM’s future endeavors remain open-ended as they adapt to the dynamic coworking scene.
