IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
System-wide earnings from handled and franchised places grew 36% y-o-y, while recurring management fees raised 84% to US$ 35 million from US$ 19 million. Income from company-owned places rose 5% to US$ 1.865 billion from US$ 1.77 billion.
Global versatile work area service provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, signed 728 new areas worldwide in 1H2026, as demand for combination working continued to expand. This stood for a 47% boost from 496 signings in 1H2025.
In July, IWG got French flexible-workspace provider Wojo from mutual shareholders Bouygues Immobilier and French hospitality group Accor. The acquisition added an additional 186 locations to IWG’s network.
IWG’s network has actually thrived to more than 6,000 areas around the world.
Earnings 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.
At the end of 1H2026, IWG had 358,000 rooms open, with an additional 257,000 signed but yet to open up. Once fully established and mature, the additional rooms are projected to bring in more than US$ 2 billion in yearly system-wide profits.
The agreement additionally develops a long-lasting connection with Accor, developing opportunities for IWG to present its flexible-workspace offerings at more resorts, according to the firm.
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“There is a big opportunity ahead of us, and we’re delighted to keep increasing our expansion,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
IWG is also broadening deeper right into suburban neighborhoods, smaller commuter communities and regional cities. The group approximates there have to do with 1.2 billion office workers globally, standing for an overall addressable industry of more than US$ 2 trillion.
Around 95% of its brand-new signings in 1H2026 were obtained through its “capital-light regulated collaboration model”, that permits the group to broaden its connection with minimal capital investment whilst extending its reach past primary metros into smaller cities and regional industry.
The US represented 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 more than 20% of the group’s 728 new finalizings, amid continued strong need for flexible job services across the area.
The group also opened 425 new places during the time period, increase from 338 a year earlier.
