IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
System-wide revenue from handled and franchised locations grew 36% y-o-y, while recurring management charges boosted 84% to US$ 35 million from US$ 19 million. Revenue from company-owned places rose 5% to US$ 1.865 billion from US$ 1.77 billion.
International versatile work space service provider International Workplace Group (IWG), whose labels consist of Regus and Spaces, signed 728 brand-new locations worldwide in 1H2026, as need for combination working continued to increase. This stood for a 47% rise from 496 signings in 1H2025.
The arrangement additionally develops a long-lasting connection with Accor, creating opportunities for IWG to introduce its flexible-workspace offerings at even more hotels, according to the company.
The group also launched 425 new areas during the duration, up from 338 a year earlier.
Around 95% of its brand-new signings in 1H2026 were secured through its “capital-light managed collaboration model”, which allows the group to broaden its connection with restricted capital expense whilst prolonging its reach beyond major cities into smaller towns and regional industry.
IWG is also increasing deeper right into suburban communities, smaller traveler communities and regional cities. The group estimates there have to do with 1.2 billion office workers internationally, representing a complete addressable industry of more than US$ 2 trillion.
Earnings 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.
The US made up 187 of IWG’s brand-new signings, followed by the UK with 62, India with 45 and China with 42. Asia Pacific contributed 164, representing greater than 20% of the team’s 728 new finalizings, amidst continued solid need for versatile work solutions across the region.
In July, IWG acquired French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality team Accor. The acquisition included an additional 186 places to IWG’s network.
IWG’s network has grown to more than 6,000 locations around the world.
By the end of 1H2026, IWG had 358,000 rooms open, with a further 257,000 signed however yet to start. Once completely started and mature, the extra areas are expected to create greater than US$ 2 billion in yearly system-wide revenue.
“There is a massive opportunity ahead of us, and we’re delighted to keep accelerating our growth,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
