IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
Global versatile work space service provider International Workplace Group (IWG), whose brands include Regus and Spaces, authorized 728 brand-new locations globally in 1H2026, as need for combination working proceeded to grow. This stood for a 47% rise from 496 signings in 1H2025.
IWG’s network has grown to more than 6,000 locations globally.
About 95% of its new signings in 1H2026 were acquired via its “capital-light managed collaboration model”, which allows the group to expand its organization with limited capital expense while expanding its reach beyond huge cities right into smaller towns and regional industry.
In July, IWG got French flexible-workspace operator Wojo from mutual shareholders Bouygues Immobilier and French hospitality team Accor. The acquisition included one more 186 areas to IWG’s network.
IWG is likewise expanding deeper into suburban neighborhoods, smaller commuter towns and regional cities. The group estimates there are about 1.2 billion white-collar workers around the world, standing for a total addressable industry of greater than US$ 2 trillion.
The deal additionally develops a lasting relationship with Accor, producing opportunities for IWG to suggest its flexible-workspace offerings at even more hotels, according to the firm.
The US made up 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 more than 20% of the group’s 728 new finalizings, amid continued strong demand for flexible job remedies across the region.
System-wide profits from handled and franchised places grew 36% y-o-y, while recurring monitoring costs boosted 84% to US$ 35 million from US$ 19 million. Profits from company-owned areas climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
Revenue increased 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.
“There is a massive chance ahead of us, and we’re thrilled to keep accelerating our expansion,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
By the end of 1H2026, IWG had 358,000 spaces open, with a more 257,000 signed however yet to launch. As soon as fully started and developed, the extra areas are projected to bring in greater than US$ 2 billion in annual system-wide profits.
The group also opened 425 new locations throughout the period, increase from 338 a year earlier.
