IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
International versatile work space provider International Workplace Group (IWG), whose brand names include Regus and Spaces, authorized 728 brand-new places internationally in 1H2026, as requirement for combination working never ceased to grow. This stood for a 47% rise from 496 signings in 1H2025.
By the end of 1H2026, IWG had 358,000 rooms open, with a more 257,000 signed however yet to open. As soon as totally started and mature, the added spaces are anticipated to generate greater than US$ 2 billion in annual system-wide earnings.
Around 95% of its brand-new signings in 1H2026 were obtained through its “capital-light managed partnership model”, which allows the group to expand its network with minimal capital expense whilst prolonging its reach beyond major cities into smaller communities and regional markets.
IWG is additionally increasing deeper right into suburban communities, smaller traveler towns and regional cities. The group approximates there have to do with 1.2 billion office workers around the world, standing for an overall addressable market of greater than US$ 2 trillion.
The group also opened up 425 brand-new places throughout the period, up from 338 a year earlier.
The US represented 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 greater than 20% of the group’s 728 new signings, amid persisted strong demand for adaptable job remedies throughout the region.
In July, IWG obtained French flexible-workspace operator Wojo from joint shareholders Bouygues Immobilier and French hospitality group Accor. The acquisition included one more 186 areas to IWG’s network.
The agreement also establishes a long-lasting relationship with Accor, developing opportunities for IWG to present its flexible-workspace offerings at even more resorts, according to the firm.
“There is a massive opportunity ahead of us, and we’re thrilled to maintain increasing our development,” states Christian Schmitz, Chief Executive Officer of International Workplace Group.
System-wide income from regulated and franchised places expanded 36% y-o-y, while recurring management fees raised 84% to US$ 35 million from US$ 19 million. Profits from company-owned locations climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
Earnings 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.
IWG’s network has grown to more than 6,000 places globally.
