COFFITELS Workplace Evolution Corp. Outlines Its Competitive Advantage in the Global PMS Market

VANCOUVER, British Columbia - July 24, 2023 - PRLog -- The Global Property Management Software Market is set to reach an impressive USD 2.35 billion by 2027. As the demand for Property Management Software (PMS) continues to surge, COFFITELS, an innovative digital platform, is leading the charge in changing the hospitality industry with its pioneering approach. Property management software providers' demand for web-based services, including Software as a Service (SaaS), is a key driving force behind the increasing popularity of Property Management Software (PMS). In this dynamic market, COFFITELS stands out as it addresses the occupancy crisis and transforms hotel spaces into modern workplaces.

Canada's hospitality sector is witnessing steady growth, with diverse offerings from independent hotels to local and foreign brand hotels and their chains. Independent hotels comprise more than 45% of the total room/keys supply, while foreign brands dominate the region, accounting for 85% of the total inventory. Local Canadian brands represent 15% of Canada's branded hotels, totalling around 2,500 properties. COFFITELS offers hotels an affordable and user-friendly digital platform for space planning, opening up multiple opportunities for space optimization. This platform allows independent professionals and small businesses to avoid long-term tenancy contracts and access serviceable spaces at reasonable costs. The strategic locations of hotels allow small businesses to welcome their clients and partners in the heart of business centers, enhancing their business prospects. Its all-in-one digital platform brings together the hospitality industry and tenants, creating a win-win solution for both parties.

About COFFITELS Workplace Evolution Corp.: Our digital platform can offer solutions to address the occupancy crisis for the hospitality industry, connecting hotels with those who would like to relocate their private and business life into their deserted premises. (https://coffitels.com/)