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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
hooters

Trading Hot Wings for Hot Desks: A Hooters Is Now Offering Co-Working Space

By
Hallie Detrick
Hallie Detrick
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By
Hallie Detrick
Hallie Detrick
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March 27, 2018, 8:22 AM ET

Move over, WeWork. There’s a new coworking space in town: Hooters.

You read that right.

A Hooters in Tokyo has joined forces with Spacee, an app that helps people rent work spaces on a short-term basis. The partnership will rent seats at Hooters to individuals looking to hot-desk, providing a new revenue stream for Hooters during the less-busy period between 1 p.m. and 7 p.m. Space can be rented in 50-yen (47-cent) half-hour blocks. That means renting a desk for all six hours for a whole month would be around $60, which is a lot less than you’d pay at WeWork.

As the economy digitizes and casual, part-time, and remote work becomes more common, co-working and hot-desking is becoming increasingly common. It’s big business. In July 2017, WeWork, arguably the best-known co-working space company with locations around the globe, was valued at $20 billion. By the end of 2017, the company was the biggest private tenant in London.

WeWork offers chic design, a range of working spaces, and perks like free coffee and beer, but it doesn’t come cheap. Their entry-level plan is $200 a month for a hot desk. Hooters may not offer free yoga classes or wheatgrass on tap, but it’s a third of the price, and there’s a discount on drinks.

About the Author
By Hallie Detrick
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