IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
Global versatile workspace service provider International Workplace Group (IWG), whose brands include Regus and Spaces, authorized 728 brand-new areas internationally in 1H2026, as need for combination working continued to increase. This represented a 47% boost from 496 signings in 1H2025.
The deal likewise develops a long-term connection with Accor, producing possibilities for IWG to introduce its flexible-workspace offerings at more hotels, according to the firm.
System-wide revenue from managed and franchised places grew 36% y-o-y, while recurring monitoring charges enhanced 84% to US$ 35 million from US$ 19 million. Profits from company-owned places increased 5% to US$ 1.865 billion from US$ 1.77 billion.
At the end of 1H2026, IWG had 358,000 spaces open, with an additional 257,000 signed however yet to open. When fully started and developed, the added areas are projected to bring in greater than US$ 2 billion in annual system-wide profits.
The group also launched 425 new places throughout the duration, up from 338 a year earlier.
IWG is additionally increasing deeper right into suburban communities, smaller sized commuter communities and regional cities. The group estimates there have to do with 1.2 billion office workers around the world, representing a complete addressable market of greater than US$ 2 trillion.
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.
Approximately 95% of its new signings in 1H2026 were secured via its “capital-light regulated collaboration model”, which permits the group to broaden its connection with restricted capital investment whilst prolonging its reach past primary towns into smaller cities and regional markets.
In July, IWG acquired French flexible-workspace provider Wojo from mutual shareholders Bouygues Immobilier and French hospitality group Accor. The procurement added an additional 186 locations to IWG’s network.
IWG’s network has actually thrived to more than 6,000 areas worldwide.
“There is a big opportunity ahead of us, and we’re delighted to maintain accelerating our development,” says Christian Schmitz, Chief Executive Officer of International Workplace Group.
The US accounted for 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 greater than 20% of the group’s 728 new finalizings, amidst continued strong need for versatile service solutions across the region.
