Colonies achieves profitability and looks to the future

"Since the start of the crisis three years ago, we've realized that it would be much more complicated to raise funds, and that we'd have to stop focusing on growth at all costs, and instead aim for profitability," says Colonies co-founder François Roth. After eight years in business, the French coliving operator has finally achieved this goal, which does not detract from its ambitions for continental growth.