IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
The US accounted for 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 adaptable job options throughout the region.
System-wide profits from managed and franchised areas expanded 36% y-o-y, whilst recurring administration costs boosted 84% to US$ 35 million from US$ 19 million. Profits from company-owned areas climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
IWG is additionally broadening deeper into suburban neighborhoods, smaller sized traveler communities and regional cities. The group approximates there have to do with 1.2 billion white-collar workers globally, standing for an overall addressable industry of greater than US$ 2 trillion.
The deal additionally establishes a long-term connection with Accor, producing chances for IWG to present its flexible-workspace offerings at even more hotels, according to the firm.
“There is a significant chance ahead of us, and we’re thrilled to keep accelerating our expansion,” claims Christian Schmitz, CEO of International Workplace Group.
International flexible work area service provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, signed 728 brand-new locations globally in 1H2026, as requirement for combination working continued to expand. This stood for a 47% increase from 496 signings in 1H2025.
Approximately 95% of its brand-new signings in 1H2026 were acquired via its “capital-light managed partnership model”, that enables the group to expand its network with minimal capital investment whilst prolonging its reach beyond primary towns right into smaller communities and regional markets.
In July, IWG acquired French flexible-workspace provider Wojo from mutual investors Bouygues Immobilier and French hospitality group Accor. The acquisition included an additional 186 locations to IWG’s network.
IWG’s network has grown to greater than 6,000 places worldwide.
Revenue 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.
By the end of 1H2026, IWG had 358,000 spaces open, with an additional 257,000 signed but yet to open. Once completely established and developed, the added areas are projected to create more than US$ 2 billion in annual system-wide profits.
The group also started 425 brand-new locations throughout the time period, increase from 338 a year earlier.
