The Impact of COVID-19 on Office Space Utilization and the Benefits of Hot-Desking

Aside from payroll expenses, office space is one of the biggest cost items for businesses. In the last three decades, there has been an increase of 2 billion square feet of office space in the US. A superficial look at this data suggests that organizational need for office space is increasing, whether it’s to cater to more employees or to set up conference rooms and the like.