IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
IWG is likewise increasing deeper into suburban communities, smaller sized traveler communities and regional cities. The group approximates there have to do with 1.2 billion office workers globally, standing for a complete addressable market of greater than US$ 2 trillion.
IWG’s network has actually expanded to more than 6,000 places around the world.
The US made up 187 of IWG’s new signings, complied with by the UK with 62, India with 45 and China with 42. Asia Pacific contributed 164, representing more than 20% of the group’s 728 new finalizings, amid persisted solid need for versatile service solutions across the area.
Universal versatile workspace service provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, signed 728 new areas internationally in 1H2026, as requirement for hybrid working never ceased to expand. This stood for a 47% increase from 496 signings in 1H2025.
In July, IWG acquired French flexible-workspace provider Wojo from mutual shareholders Bouygues Immobilier and French hospitality group Accor. The purchase added one more 186 locations to IWG’s network.
“There is a massive opportunity ahead of us, and we’re delighted to maintain increasing our expansion,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
The group also launched 425 new areas throughout the duration, increase from 338 a year earlier.
The deal additionally establishes a long-lasting partnership with Accor, creating opportunities for IWG to present its flexible-workspace offerings at more resorts, according to the company.
System-wide profits from managed and franchised areas grew 36% y-o-y, whilst recurring management charges boosted 84% to US$ 35 million from US$ 19 million. Profits from company-owned places rose 5% to US$ 1.865 billion from US$ 1.77 billion.
By the end of 1H2026, IWG had 358,000 rooms open, with a further 257,000 signed however yet to open up. As soon as completely established and mature, the extra spaces are projected to bring in more than US$ 2 billion in yearly system-wide revenue.
Revenue climbed 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.
About 95% of its brand-new signings in 1H2026 were secured via its “capital-light managed collaboration model”, which permits the group to expand its connection with minimal capital investment while extending its reach past major metros into smaller communities and regional industry.
