IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
In July, IWG acquired French flexible-workspace provider Wojo from joint investors Bouygues Immobilier and French hospitality team Accor. The procurement added one more 186 areas to IWG’s network.
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 signings, amidst persisted strong demand for versatile service remedies across the area.
The arrangement likewise establishes a long-lasting connection with Accor, creating chances for IWG to introduce its flexible-workspace offerings at more resorts, according to the company.
“There is a huge opportunity ahead of us, and we’re excited to keep accelerating our expansion,” claims Christian Schmitz, CEO of International Workplace Group.
At the end of 1H2026, IWG had 358,000 rooms open, with an additional 257,000 signed however yet to launch. Once totally established and developed, the extra areas are anticipated to create more than US$ 2 billion in yearly system-wide earnings.
International versatile work space provider International Workplace Group (IWG), whose labels include Regus and Spaces, signed 728 new areas worldwide in 1H2026, as requirement for hybrid working never ceased to increase. This represented a 47% boost from 496 signings in 1H2025.
About 95% of its brand-new signings in 1H2026 were secured via its “capital-light regulated collaboration model”, which allows the group to expand its organization with restricted capital expense whilst prolonging its reach beyond huge metros right into smaller cities and regional industry.
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.
System-wide earnings from regulated and franchised locations expanded 36% y-o-y, whilst recurring monitoring fees enhanced 84% to US$ 35 million from US$ 19 million. Earnings from company-owned locations rose 5% to US$ 1.865 billion from US$ 1.77 billion.
The group also launched 425 brand-new areas during the time period, increase from 338 a year earlier.
IWG is likewise increasing deeper right into suburban neighborhoods, smaller sized commuter communities and regional cities. The group approximates there are about 1.2 billion office workers around the world, standing for a complete addressable market of more than US$ 2 trillion.
IWG’s network has actually grown to more than 6,000 areas around the world.
