o-peace

O-Peace, also known as O-Peace Jeju, is a South Korean startup that provides co-working and co-living spaces tailored for remote workers and individuals on "workations." The company was founded in 2019 by CEO Park Seong-eun with the vision of creating 'New Worker's Towns' where people can effectively balance work and life in resort-like settings, away from dense urban environments.

The company's business model revolves around operating and managing properties that combine office functionalities with accommodation. Its first location was established in Jocheon, on Jeju Island, featuring a co-working space and several local lodgings. In July 2022, O-Peace expanded by opening a second, larger branch in Sagye-ri, Seogwipo, converting an entire 20-room hotel into a co-working hotel. This model differs from traditional co-working spaces like WeWork by focusing on local, recreational environments to foster inspiration and a different perspective on work-life integration. The company generates revenue by renting out desks, office spaces, and rooms to a diverse client base that includes freelancers, digital nomads, and corporate employees on workation.

A key milestone for O-Peace was securing a strategic investment from MyRealTrip, a major Korean travel super-app. This partnership aims to diversify MyRealTrip's services in the Jeju region and expand its B2B offerings. At its core, O-Peace is building a community, bringing together Jeju residents, travelers, and various types of workers to network and collaborate.

Keywords: workation, co-working, co-living, remote work, digital nomad, Jeju Island, shared office, corporate retreat, lifestyle startup, hospitality, real estate, community building, flexible workspace, work-life balance, travel tech, New Workers Town