The coliving market - France

The coliving market in France refers to the economic activity related to coliving in France. It is a hybrid concept between furnished rentals and hotels. Coliving offers a new form of shared accommodation that is growing rapidly around the world. It offers rooms or studios in houses or residences, allowing people to enjoy both the independence of a private space and common spaces (kitchen, living room) to create social links. It is part of the broader trend of third places, spaces centered on the sharing economy and on the concept of community, just like coworking. The community dimension is thus a central component of this offer, as are the integrated services. After a solid development of this market in recent years on the Asian and North American continents, coliving is now experiencing a craze in Europe: in 2019 there are more than 23,000 coliving spaces already built or under development. The main cities involved are often administrative or economic capitals, and we find in the ranking of cities according to their progress in the coliving sector several French cities: Paris is in 4th position, Lyon is 21st, Lille is 33rd and Marseille is 35th. In France, coliving is on the cusp of strong growth, with over 3,000 spaces currently in the planning stages in many French cities. Nevertheless, it remains largely unknown to its main target group, young professionals, which is still a considerable obstacle to the market's expansion despite its real growth potential.