IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
System-wide earnings from managed and franchised areas expanded 36% y-o-y, whilst recurring management costs boosted 84% to US$ 35 million from US$ 19 million. Earnings from company-owned places climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
IWG’s network has actually grown to more than 6,000 areas around the world.
IWG is also broadening deeper right into suburban communities, smaller sized traveler towns and regional cities. The group approximates there have to do with 1.2 billion office workers around the world, standing for a complete addressable market of more than US$ 2 trillion.
The group also started 425 new locations during the duration, up from 338 a year earlier.
By the end of 1H2026, IWG had 358,000 areas open, with a further 257,000 signed but yet to start. When totally opened and mature, the added areas are anticipated to create more than US$ 2 billion in yearly system-wide earnings.
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 huge opportunity ahead of us, and we’re delighted to maintain increasing our growth,” claims Christian Schmitz, CEO of International Workplace Group.
International versatile work area service provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, authorized 728 new areas internationally in 1H2026, as demand for combination working continued to grow. This stood for a 47% rise from 496 signings in 1H2025.
About 95% of its brand-new signings in 1H2026 were acquired via its “capital-light regulated alliance model”, which allows the group to broaden its organization with limited capital investment whilst expanding its reach beyond huge metros right into smaller cities and regional industry.
The agreement also develops a long-term connection with Accor, producing possibilities for IWG to present its flexible-workspace offerings at more resorts, 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 greater than 20% of the group’s 728 new finalizings, amidst persisted solid demand for adaptable service options throughout the region.
In July, IWG obtained French flexible-workspace provider Wojo from shared shareholders Bouygues Immobilier and French hospitality group Accor. The acquisition added another 186 places to IWG’s network.
