{"id":32244,"date":"2022-11-10T07:56:34","date_gmt":"2022-11-10T06:56:34","guid":{"rendered":"https:\/\/basking.io\/?p=32244"},"modified":"2023-09-19T13:23:22","modified_gmt":"2023-09-19T13:23:22","slug":"global-occupancy-benchmarking-report-q3-2022-emerging-patterns-of-return-to-office","status":"publish","type":"blog","link":"https:\/\/basking.io\/blog\/research\/global-occupancy-benchmarking-report-q3-2022-emerging-patterns-of-return-to-office\/","title":{"rendered":"Global Occupancy Benchmarking Report Q3 2022: Emerging Patterns of Return-to-Office"},"content":{"rendered":"\n<p>What trends are emerging as companies worldwide are returning to office? To find out, our team at Basking.io followed up on the <a href=\"https:\/\/basking.io\/research\/global-occupancy-benchmarking-report-q2-2022-return-to-office-so-far\/\">Q2 occupancy trends report<\/a> by looking at aggregated data from 100 offices (7 organizations, primarily in professional services and technology sectors) across the world, with 39% of offices located in EMEA, 40% in North America, 10% in LATAM, and 11% in the APAC region.\u00a0<\/p>\n\n\n\n<p>Our data shows that the post-pandemic office utilization trends break every traditional norm of the pre-pandemic era. Employees now utilize the office very differently, in ways contrary to employers\u2019 expectations. As hybrid work policies are implemented and refined, actionable insight into these global trends is a necessary step for real estate management in achieving their CRE goals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>KEY FINDINGS<\/strong><\/h2>\n\n\n\n<ul>\n<li>Globally, the average peak occupancy rate remained lower than 40% in Q3 2022 with&nbsp;<strong>North America&nbsp;experiencing the&nbsp;highest weekly average&nbsp;at 30%<\/strong><\/li>\n\n\n\n<li>There has been no major shift in employees\u2019 office frequency and duration of stay from Q2 to Q3, <strong>indicating the solidifying of new patterns in the post-pandemic era<\/strong><\/li>\n\n\n\n<li><strong>Midweek continues to be most preferred by employees <\/strong>across the globe for office visits, underscoring the need for buffer space in offices to accommodate these&nbsp; peaks<\/li>\n\n\n\n<li><strong>Mega cities* continued to observe the lowest weekly average peak occupancy rate<\/strong>, which could affect companies\u2019 demand for office space expansion in big cities<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">GLOBALLY: AVERAGE PEAK OCCUPANCY RATE REMAINED BELOW 40% in Q3 2022<\/h2>\n\n\n\n<p>Contrary to employers&#8217; expectations, Labor Day weekend (5th September 2022) did not lead to a spike in office utilization in North America. The average peak occupancy rate in Q3 2022 was highest in <strong>North America<\/strong> (Q1: 24%, Q2: 27%, Q3: 30%), followed by <strong>EMEA<\/strong>\u00a0 (Q1: 31%, Q2: 29%, Q3: 29%), <strong>APAC<\/strong> (Q1: 18%, Q2: 16%, Q3: 21%) and <strong>LATAM<\/strong> (Q1: 9%, Q2: 9%, Q3: 11%).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"663\" src=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-9-1024x663.png\" alt=\"\" class=\"wp-image-33028\" srcset=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-9-1024x663.png 1024w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-9-300x194.png 300w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-9-768x498.png 768w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-9.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u201cONCE A WEEK\u201d VISITS WERE MOST POPULAR ACROSS QUARTERS<\/h2>\n\n\n\n<p>There has not been a major shift in overall office visit frequency from Q2 to Q3, indicating the new patterns in the post-pandemic era are further solidifying. In APAC, noteworthy changes from Q2 to Q3 include:<\/p>\n\n\n\n<ul>\n<li>The &#8220;2-3 Days per week\u201d category <strong>declined by 34%,<\/strong><\/li>\n\n\n\n<li>Whereas the \u201cOnce a week\u201d and \u201c4-5 Days per week\u201d categories <strong>increased by 5% and 26%<\/strong>, respectively.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"690\" src=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-10-1024x690.png\" alt=\"\" class=\"wp-image-33029\" srcset=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-10-1024x690.png 1024w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-10-300x202.png 300w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-10-768x518.png 768w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-10.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">35% OF VISITS LASTED LESS THAN 5 HOURS EACH QUARTER<\/h2>\n\n\n\n<p>Unlike the traditional \u201d8-hour office day\u201d norm, on average 35% of visits lasted less than 5 hours each quarter (Q1: 37%, Q2: 33%, Q3: 34%).<\/p>\n\n\n\n<p>Comparatively, North America had the highest share of visits lasting between 2 and 5 hours in both Q2 (35%) and Q3 (33%) while experiencing the lowest share of visits lasting for more than 9 hours (Q2: 29%, Q3: 32%).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"690\" src=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-11-1024x690.png\" alt=\"\" class=\"wp-image-33030\" srcset=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-11-1024x690.png 1024w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-11-300x202.png 300w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-11-768x518.png 768w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-11.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">MIDWEEK HAD THE HIGHEST SHARE OF VISITS EACH QUARTER<\/h2>\n\n\n\n<p>In 2022 overall, EMEA saw the highest difference between the weekday with the highest and lowest % of visits (Q1: 11pp, Q2: 15pp, Q3: 15pp) while the APAC region saw the lowest (Q1: 3pp, Q2: 5pp, Q3: 4pp).<\/p>\n\n\n\n<p>The highest percent of visits during midweek were observed for EMEA (Q1: 68%, Q2: 72%, Q3: 71%), followed by LATAM (Q1: 63%, Q2: 70%, Q3: 72%), North America (Q1: 65%, Q2: 68%, Q3: 69%) and APAC (Q1: 61%, Q2:63%, Q3: 63%).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"685\" src=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-12-1024x685.png\" alt=\"\" class=\"wp-image-33031\" srcset=\"https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-12-1024x685.png 1024w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-12-300x201.png 300w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-12-768x514.png 768w, https:\/\/basking.io\/wp-content\/uploads\/2023\/09\/image-12.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>You can find the Q3 office utilization trends report in full\u00a0<a href=\"https:\/\/hubs.ly\/Q01rZZ0k0\">here<\/a>. If you have any feedback or ideas on what we should look into next, reach out to us on\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/basking-workplace-analytics\/\">Linkedin<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/basking_io\">Twitter<\/a>, or email benchmark@basking.io directly. Get in touch if you have any questions!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What trends are emerging as companies worldwide are returning to office? To find out, our team at Basking.io followed up&#8230;<\/p>\n","protected":false},"author":23,"featured_media":33034,"template":"","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footer-title":"Get started","footer-subtitle":"If you want to know more about how our product works or have additional questions, please reach out to us:","footer-background":"","footer-left-button-text":"Sign Up For Free","footer-right-button-text":"Contact Us"},"categories":[92],"tags":[89,90,91],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global Occupancy Benchmarking Report Q3 2022: Emerging Patterns of Return-to-Office<\/title>\n<meta name=\"description\" content=\"Post-pandemic office utilization trends are continuing to break traditional, historical norms. 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