IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
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’s network has actually grown to more than 6,000 places worldwide.
About 95% of its new signings in 1H2026 were secured through its “capital-light regulated partnership model”, which permits the group to broaden its network with minimal capital expense whilst prolonging its reach past primary metros right into smaller towns and regional industry.
System-wide profits from managed and franchised locations expanded 36% y-o-y, while recurring administration fees raised 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.
“There is a big chance ahead of us, and we’re excited to maintain accelerating our growth,” states Christian Schmitz, CEO of International Workplace Group.
At the end of 1H2026, IWG had 358,000 spaces open, with an additional 257,000 signed however yet to start. When fully started and mature, the extra rooms are anticipated to create greater than US$ 2 billion in yearly system-wide profits.
The deal also establishes a long-lasting connection with Accor, creating chances for IWG to launch its flexible-workspace offerings at even more hotels, according to the company.
The group also launched 425 new locations throughout the period, up from 338 a year earlier.
In July, IWG obtained French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality team Accor. The purchase included one more 186 locations to IWG’s network.
IWG is also broadening deeper into suburban communities, smaller sized traveler communities and regional cities. The team approximates there have to do with 1.2 billion office workers internationally, standing for a complete addressable market of more than US$ 2 trillion.
Universal adaptable work space service provider International Workplace Group (IWG), whose labels include Regus and Spaces, authorized 728 brand-new areas internationally in 1H2026, as demand for hybrid working proceeded to grow. This represented a 47% boost from 496 signings in 1H2025.
The US accounted for 187 of IWG’s new signings, followed 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 need for adaptable service services throughout the region.
