IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
Earnings 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 released on Aug 11.
IWG is likewise broadening deeper into suburban areas, smaller commuter towns and regional cities. The team estimates there are about 1.2 billion white-collar workers around the world, standing for an overall addressable industry of greater than US$ 2 trillion.
International versatile work area service provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, signed 728 new locations globally in 1H2026, as requirement for hybrid working proceeded to expand. This stood for a 47% boost from 496 signings in 1H2025.
By the end of 1H2026, IWG had 358,000 areas open, with a more 257,000 signed however yet to launch. As soon as completely started and mature, the additional rooms are projected to bring in greater than US$ 2 billion in yearly system-wide profits.
“There is a significant chance ahead of us, and we’re delighted to keep accelerating our growth,” claims Christian Schmitz, CEO of International Workplace Group.
The US represented 187 of IWG’s new signings, complied with 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 continued strong demand for flexible job options across the area.
The group also started 425 brand-new areas throughout the duration, increase from 338 a year earlier.
System-wide income from handled and franchised places grew 36% y-o-y, whilst recurring administration costs boosted 84% to US$ 35 million from US$ 19 million. Earnings from company-owned locations climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
The agreement likewise develops a lasting relationship with Accor, developing opportunities for IWG to suggest its flexible-workspace offerings at more resorts, according to the business.
Around 95% of its new signings in 1H2026 were secured via its “capital-light managed alliance model”, which enables the group to broaden its network with limited capital expense while expanding its reach past major metros into smaller communities and regional industry.
IWG’s network has actually thrived to greater than 6,000 places globally.
In July, IWG obtained French flexible-workspace provider Wojo from shared investors Bouygues Immobilier and French hospitality team Accor. The purchase included one more 186 locations to IWG’s network.
