IWG signs 728 new locations globally in 1H2026, up 47% from a year ago

Income 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.

IWG’s network has actually grown to greater than 6,000 areas worldwide.

System-wide profits from managed and franchised locations expanded 36% y-o-y, while recurring management costs boosted 84% to US$ 35 million from US$ 19 million. Revenue from company-owned areas increased 5% to US$ 1.865 billion from US$ 1.77 billion.

“There is a huge opportunity ahead of us, and we’re excited to maintain increasing our development,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.

In July, IWG acquired French flexible-workspace provider Wojo from shared investors Bouygues Immobilier and French hospitality group Accor. The procurement included an additional 186 areas to IWG’s network.

The group also opened up 425 brand-new areas during the period, increase from 338 a year earlier.

Around 95% of its brand-new signings in 1H2026 were acquired through its “capital-light regulated partnership model”, which permits the group to broaden its connection with restricted capital expense while expanding its reach beyond primary towns right into smaller towns and regional markets.

International flexible work space provider International Workplace Group (IWG), whose brands include Regus and Spaces, signed 728 brand-new places globally in 1H2026, as requirement for hybrid working continued to increase. This represented a 47% boost from 496 signings in 1H2025.

Meyer Blue floor plan

The arrangement additionally establishes a lasting partnership with Accor, creating chances for IWG to suggest its flexible-workspace offerings at more hotels, according to the business.

By the end of 1H2026, IWG had 358,000 spaces open, with an additional 257,000 signed however yet to open. Once completely established and developed, the additional spaces are anticipated to generate greater than US$ 2 billion in yearly system-wide revenue.

IWG is likewise broadening deeper into suburban neighborhoods, smaller sized traveler communities and regional cities. The group approximates there have to do with 1.2 billion office workers worldwide, standing for a total addressable industry of greater than US$ 2 trillion.

The US made up 187 of IWG’s brand-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 signings, amidst persisted solid need for adaptable work solutions throughout the area.


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