IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
IWG is additionally broadening deeper right into suburban communities, smaller sized traveler communities and regional cities. The team estimates there are about 1.2 billion white-collar workers worldwide, standing for a total addressable industry of more than US$ 2 trillion.
In July, IWG acquired French flexible-workspace operator Wojo from joint shareholders Bouygues Immobilier and French hospitality group Accor. The acquisition included another 186 places to IWG’s network.
The arrangement additionally develops a lasting relationship with Accor, creating chances for IWG to launch its flexible-workspace offerings at even more hotels, according to the firm.
Earnings rose 11% y-o-y to US$ 2.4 billion ($3.05 billion) from US$ 2.2 billion in 1H2025, according to IWG’s interim report launched on Aug 11.
Around 95% of its brand-new signings in 1H2026 were acquired via its “capital-light managed partnership model”, that allows the group to expand its connection with minimal capital expense while expanding its reach beyond primary cities into smaller towns and regional industry.
Universal adaptable work area provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, signed 728 new locations internationally in 1H2026, as requirement for hybrid working never ceased to increase. This represented a 47% increase from 496 signings in 1H2025.
IWG’s network has actually thrived to greater than 6,000 places globally.
“There is a big chance ahead of us, and we’re thrilled to keep increasing our growth,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
The group also launched 425 brand-new locations throughout the time period, up from 338 a year earlier.
The US accounted for 187 of IWG’s new signings, adhered to by the UK with 62, India with 45 and China with 42. Asia Pacific contributed 164, representing greater than 20% of the team’s 728 new signings, amid continued solid need for versatile service solutions across the region.
By the end of 1H2026, IWG had 358,000 areas open, with an additional 257,000 signed but yet to open up. When completely opened and mature, the additional spaces are expected to generate greater than US$ 2 billion in yearly system-wide revenue.
System-wide profits from managed and franchised places grew 36% y-o-y, whilst recurring monitoring costs increased 84% to US$ 35 million from US$ 19 million. Income from company-owned places climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
