IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
IWG is also broadening deeper into suburban communities, smaller traveler towns and regional cities. The group approximates there are about 1.2 billion white-collar workers worldwide, standing for a total addressable industry of greater than US$ 2 trillion.
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 released on Aug 11.
The agreement likewise develops a lasting partnership with Accor, producing chances for IWG to present its flexible-workspace offerings at more hotels, according to the business.
The group also opened 425 new places during the period, increase from 338 a year earlier.
In July, IWG acquired French flexible-workspace provider Wojo from mutual investors Bouygues Immobilier and French hospitality team Accor. The acquisition included an additional 186 areas to IWG’s network.
International versatile work area provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, signed 728 new areas around the world in 1H2026, as requirement for hybrid working proceeded to increase. This stood for a 47% boost from 496 signings in 1H2025.
By the end of 1H2026, IWG had 358,000 spaces open, with a more 257,000 signed however yet to open up. Once completely opened and developed, the extra rooms are anticipated to generate greater than US$ 2 billion in annual system-wide income.
“There is a massive opportunity ahead of us, and we’re delighted to keep accelerating our development,” says Christian Schmitz, CEO of International Workplace Group.
IWG’s network has expanded to greater than 6,000 locations around the world.
About 95% of its new signings in 1H2026 were acquired through its “capital-light regulated collaboration model”, that permits the group to broaden its connection with restricted capital investment while prolonging its reach beyond primary towns into smaller cities and regional industry.
The US accounted for 187 of IWG’s brand-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, amid persisted solid demand for adaptable work options throughout the area.
System-wide revenue from regulated and franchised locations grew 36% y-o-y, whilst recurring administration fees raised 84% to US$ 35 million from US$ 19 million. Revenue from company-owned places increased 5% to US$ 1.865 billion from US$ 1.77 billion.
