IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
Universal adaptable workspace service provider International Workplace Group (IWG), whose brands include Regus and Spaces, signed 728 brand-new locations around the world in 1H2026, as requirement for hybrid working proceeded to increase. This represented a 47% boost from 496 signings in 1H2025.
In July, IWG got French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality group Accor. The purchase added another 186 locations to IWG’s network.
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 more than 20% of the group’s 728 new signings, amidst continued solid demand for flexible job solutions throughout the area.
Around 95% of its brand-new signings in 1H2026 were secured via its “capital-light regulated partnership model”, which allows the group to expand its organization with restricted capital expense while prolonging its reach beyond huge cities into smaller communities and regional industry.
“There is a significant chance ahead of us, and we’re excited to maintain increasing our development,” says Christian Schmitz, CEO of International Workplace Group.
At the end of 1H2026, IWG had 358,000 spaces open, with a more 257,000 signed but yet to open up. Once fully opened and developed, the added rooms are anticipated to generate more than US$ 2 billion in annual system-wide income.
System-wide earnings from managed and franchised places expanded 36% y-o-y, while recurring management costs enhanced 84% to US$ 35 million from US$ 19 million. Earnings from company-owned areas rose 5% to US$ 1.865 billion from US$ 1.77 billion.
The group also opened 425 brand-new places during the period, increase from 338 a year earlier.
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.
IWG is likewise expanding deeper into suburban areas, smaller commuter towns and regional cities. The team approximates there are about 1.2 billion office workers globally, representing an overall addressable industry of greater than US$ 2 trillion.
IWG’s network has expanded to greater than 6,000 areas worldwide.
The arrangement likewise establishes a long-lasting partnership with Accor, developing chances for IWG to launch its flexible-workspace offerings at more resorts, according to the company.
