{"id":10833,"date":"2009-07-28T08:30:02","date_gmt":"2009-07-28T07:30:02","guid":{"rendered":"http:\/\/blog.easyoffices.com\/?p=2220"},"modified":"2009-07-28T08:30:02","modified_gmt":"2009-07-28T07:30:02","slug":"price-cutters-are-damaging-the-serviced-office-industry-according-to-inigo","status":"publish","type":"post","link":"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/price-cutters-are-damaging-the-serviced-office-industry-according-to-inigo","title":{"rendered":"Price Cutters are Damaging the Serviced Office Industry According to Inigo"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\"><a href=\"http:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/londoncityinigo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-2221\" title=\"londoncityinigo\" src=\"http:\/\/www.easyoffices.com\/blog\/wp-content\/uploads\/londoncityinigo-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>The following press release has been published by flexible, <a title=\"Serviced Offices\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\" target=\"_blank\">serviced office<\/a> operator Inigo Business Centres.<span style=\"mso-spacerun: yes;\">\u00a0\u00a0 <\/span>In the article Giles Curtis, managing director, explores the benefits that serviced office operators are seeing during the recession, as well as potential dangers facing the industry. <span style=\"mso-spacerun: yes;\">\u00a0<\/span><span style=\"mso-spacerun: yes;\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">Inigo currently operates from eight prime locations across the UK spanning from <a title=\"Serviced Offices Edinburgh\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/Edinburgh\/Rutland-Square\/147\" target=\"_blank\">Edinburgh<\/a> down to <a title=\"Serviced Offices Basingstoke\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/Basingstoke\/London-Road\/131\" target=\"_blank\">Basingstoke<\/a> and with a fantastic centre in the <a title=\"Serviced Offices City of London\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/London\/London-City\/EC2\/Guildhall-Yard\/3887\" target=\"_blank\">City of London<\/a>\u00a0(seen opposite).<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Inigo are well-known for providing a high level of serviced office accommodation from prestigious buildings across the country.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>The company has also just announced that it retained the much respected <span style=\"mso-spacerun: yes;\">\u00a0<\/span>Investor In People award, marking the company&#8217;s ongoing commitment to training, development and best practice.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt; text-align: center;\" align=\"center\"><strong style=\"mso-bidi-font-weight: normal;\"><span style=\"text-decoration: underline;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">A Note from Giles Curtis, Inigo&#8217;s MD<\/span><\/span><\/strong><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">In the current interesting economic conditions the role of the serviced office comes even more to the fore.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>I am sure that all operators are experiencing as Inigo is a significant number of enquiries from start up businesses, companies downsizing and companies of all sizes opting for the flexibility of a licence instead of a fixed lease.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>It would seem that the recession is resulting in more well known and large organisations taking advantage of what the serviced office offers.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">This is good news for our industry and will I am sure accelerate the growth of the serviced office sector versus the conventional office post recession as well as now.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>The not so good news is the perception that we have to slash our prices in order to survive.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Whilst the overall level of demand may be less than it was eighteen months ago there is a reduced amount of serviced space on offer.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Surely we should only be reducing our charge slightly in order to reflect the actual market place for serviced offices.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>At the end of the day no matter how much prices are reduced there will be same number of businesses opting for our product.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>In the real world things have a funny habit of going full circle and in this instance all operators will end up with much the same occupancy as they would have had without the price cutting that is going on.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">Just as marginal operators offering &#8220;serviced&#8220; space because they do not know what else to do with it are damaging for our industry in the long term so are price cutters.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>They will be pushed to maintain the requisite standards and will find it hard to increase prices such that the whole sector might find it difficult to maintain the professional image we have all worked so hard to establish.\u00a0 <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\">\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">Source: Inigo Business Centres<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><strong style=\"mso-bidi-font-weight: normal;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\">Related Article:<\/span><\/strong><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0pt;\"><span style=\"font-size: 11pt; font-family: Verdana; mso-ansi-language: EN-GB;\"><a title=\"Link to related Inigo article\" href=\"http:\/\/www.easyoffices.com\/blog\/index.php\/offices-to-rent-in-bath-get-celebrity-status\/60\/\" target=\"_blank\">Offices to Rent in Bath get Celebrity Status<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The following press release has been published by flexible, serviced office operator Inigo Business Centres.\u00a0\u00a0 In the article Giles Curtis, managing director, explores the benefits that serviced office operators are seeing during the recession, as well as potential dangers facing the industry. \u00a0\u00a0 \u00a0 Inigo currently operates from eight prime &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/price-cutters-are-damaging-the-serviced-office-industry-according-to-inigo\"> <span class=\"screen-reader-text\">Price Cutters are Damaging the Serviced Office Industry According to Inigo<\/span> Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[2],"tags":[886,1083,1085],"class_list":["post-10833","post","type-post","status-publish","format-standard","hentry","category-business-advice-and-news","tag-giles-curtis","tag-inigo","tag-inigo-business-centres"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Price Cutters are Damaging the Serviced Office Industry According to Inigo - EasyOffices Blog UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/price-cutters-are-damaging-the-serviced-office-industry-according-to-inigo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Price Cutters are Damaging the Serviced Office Industry According to Inigo - EasyOffices Blog UK\" \/>\n<meta name=\"twitter:description\" content=\"The following press release has been published by flexible, serviced office operator Inigo Business Centres.\u00a0\u00a0 In the article Giles Curtis, managing director, explores the benefits that serviced office operators are seeing during the recession, as well as potential dangers 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following press release has been published by flexible, serviced office operator Inigo Business Centres.\u00a0\u00a0 In the article Giles Curtis, managing director, explores the benefits that serviced office operators are seeing during the recession, as well as potential dangers facing the industry. \u00a0\u00a0 \u00a0 Inigo currently operates from eight prime &hellip; Price Cutters are Damaging&hellip;","_links":{"self":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts\/10833"}],"collection":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/comments?post=10833"}],"version-history":[{"count":0,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/posts\/10833\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/media?parent=10833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/categories?post=10833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.easyoffices.com\/blog\/wp-json\/wp\/v2\/tags?post=10833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}