IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
The deal likewise develops a lasting partnership with Accor, creating possibilities for IWG to introduce its flexible-workspace offerings at even more resorts, according to the business.
In July, IWG acquired French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality team Accor. The procurement included one more 186 places to IWG’s network.
About 95% of its brand-new signings in 1H2026 were obtained via its “capital-light managed partnership model”, which permits the group to broaden its network with limited capital expense whilst prolonging its reach beyond huge metros into smaller towns and regional industry.
At the end of 1H2026, IWG had 358,000 areas open, with a further 257,000 signed but yet to launch. As soon as fully opened and mature, the additional rooms are anticipated to bring in more than US$ 2 billion in yearly system-wide earnings.
Global versatile workspace provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, authorized 728 brand-new sites worldwide in 1H2026, as need for hybrid working proceeded to expand. This represented a 47% increase from 496 signings in 1H2025.
System-wide income from regulated and franchised locations expanded 36% y-o-y, whilst recurring management charges enhanced 84% to US$ 35 million from US$ 19 million. Earnings from company-owned locations increased 5% to US$ 1.865 billion from US$ 1.77 billion.
Revenue rose 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 is likewise increasing deeper into suburban areas, smaller sized commuter towns and regional cities. The group approximates there have to do with 1.2 billion office workers worldwide, representing a total addressable market of greater than US$ 2 trillion.
IWG’s network has thrived to greater than 6,000 locations around the world.
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 team’s 728 new finalizings, amid persisted solid need for flexible work services throughout the area.
The group also launched 425 new locations during the period, increase from 338 a year earlier.
“There is a huge opportunity ahead of us, and we’re delighted to keep accelerating our development,” states Christian Schmitz, CEO of International Workplace Group.
