IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
In July, IWG acquired French flexible-workspace operator Wojo from mutual investors Bouygues Immobilier and French hospitality team Accor. The procurement included an additional 186 locations to IWG’s network.
By the end of 1H2026, IWG had 358,000 rooms open, with an additional 257,000 signed however yet to open up. As soon as fully established and mature, the extra areas are projected to generate more than US$ 2 billion in annual system-wide income.
Global flexible work area service provider International Workplace Group (IWG), whose labels consist of Regus and Spaces, signed 728 new locations globally in 1H2026, as requirement for combination working proceeded to grow. This stood for a 47% increase from 496 signings in 1H2025.
IWG’s network has actually thrived to greater than 6,000 places worldwide.
IWG is also increasing deeper right into suburban communities, smaller commuter communities and regional cities. The team estimates there have to do with 1.2 billion office workers worldwide, standing for an overall addressable market of more than US$ 2 trillion.
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 released on Aug 11.
The group also opened 425 brand-new areas during the time period, up from 338 a year earlier.
The US made up 187 of IWG’s brand-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 team’s 728 new finalizings, amidst persisted strong need for flexible service remedies throughout the area.
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About 95% of its brand-new signings in 1H2026 were acquired through its “capital-light managed alliance model”, that permits the group to expand its organization with limited capital expense whilst extending its reach past major towns into smaller communities and regional markets.
System-wide profits from managed and franchised locations grew 36% y-o-y, while recurring management costs boosted 84% to US$ 35 million from US$ 19 million. Earnings from company-owned locations increased 5% to US$ 1.865 billion from US$ 1.77 billion.
“There is a substantial opportunity ahead of us, and we’re excited to keep accelerating our growth,” states Christian Schmitz, CEO of International Workplace Group.
The arrangement also establishes a long-term connection with Accor, creating possibilities for IWG to introduce its flexible-workspace offerings at more resorts, according to the business.
