IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
In July, IWG acquired French flexible-workspace operator Wojo from shared investors Bouygues Immobilier and French hospitality group Accor. The acquisition added another 186 places to IWG’s network.
IWG is additionally broadening deeper right into suburban neighborhoods, smaller commuter towns and regional cities. The team estimates there are about 1.2 billion white-collar workers worldwide, standing for a complete addressable market of greater than US$ 2 trillion.
The arrangement additionally establishes a lasting partnership with Accor, developing opportunities for IWG to present its flexible-workspace offerings at even more resorts, according to the firm.
Approximately 95% of its new signings in 1H2026 were secured through its “capital-light regulated collaboration model”, which permits the group to expand its organization with minimal capital investment while expanding its reach beyond major metros right into smaller towns and regional industry.
“There is a substantial chance ahead of us, and we’re delighted to maintain accelerating our growth,” says Christian Schmitz, Chief Executive Officer of International Workplace Group.
Global flexible workspace service provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, signed 728 new locations internationally in 1H2026, as need for combination working proceeded to increase. This stood for a 47% rise from 496 signings in 1H2025.
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 group also launched 425 new locations throughout the time period, up from 338 a year earlier.
IWG’s network has actually expanded to greater than 6,000 areas globally.
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 more than 20% of the team’s 728 new signings, amid continued strong need for versatile job services across the area.
By the end of 1H2026, IWG had 358,000 rooms open, with a more 257,000 signed however yet to open. As soon as completely established and mature, the extra rooms are projected to bring in more than US$ 2 billion in annual system-wide revenue.
System-wide profits from managed and franchised areas grew 36% y-o-y, whilst recurring administration fees raised 84% to US$ 35 million from US$ 19 million. Profits from company-owned areas increased 5% to US$ 1.865 billion from US$ 1.77 billion.
