IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
Global versatile work area provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, authorized 728 new areas around the world in 1H2026, as demand for combination working continued to increase. This stood for a 47% rise from 496 signings in 1H2025.
IWG’s network has expanded to greater than 6,000 areas worldwide.
The US accounted for 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 group’s 728 new signings, amid continued strong demand for adaptable work solutions throughout the area.
The group also opened 425 brand-new locations throughout the time period, up from 338 a year earlier.
“There is a massive opportunity ahead of us, and we’re thrilled to maintain accelerating our growth,” states Christian Schmitz, Chief Executive Officer of International Workplace Group.
About 95% of its new signings in 1H2026 were acquired via its “capital-light managed alliance model”, which enables the group to broaden its connection with minimal capital expense whilst prolonging its reach beyond huge cities into smaller cities and regional industry.
In July, IWG acquired French flexible-workspace provider Wojo from joint investors Bouygues Immobilier and French hospitality group Accor. The purchase included an additional 186 places to IWG’s network.
IWG is also broadening deeper into suburban areas, smaller traveler communities and regional cities. The team approximates there have to do with 1.2 billion white-collar workers worldwide, representing a total addressable industry of more than US$ 2 trillion.
System-wide earnings from regulated and franchised areas grew 36% y-o-y, while recurring management costs increased 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.
At the end of 1H2026, IWG had 358,000 rooms open, with a more 257,000 signed but yet to start. Once totally started and mature, the extra areas are expected to create more than US$ 2 billion in annual system-wide earnings.
Income 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.
The deal additionally develops a long-lasting partnership with Accor, creating chances for IWG to suggest its flexible-workspace offerings at even more hotels, according to the business.
