IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
International adaptable workspace service provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, authorized 728 brand-new locations worldwide in 1H2026, as demand for hybrid working continued to increase. This stood for a 47% increase from 496 signings in 1H2025.
The group also opened up 425 new places throughout the duration, increase from 338 a year earlier.
IWG is likewise expanding deeper into suburban areas, smaller commuter communities and regional cities. The team approximates there have to do with 1.2 billion office workers internationally, representing a complete addressable industry of greater than US$ 2 trillion.
The deal additionally establishes a long-term connection with Accor, producing chances for IWG to present its flexible-workspace offerings at more hotels, according to the business.
System-wide profits from managed and franchised areas grew 36% y-o-y, while recurring management fees boosted 84% to US$ 35 million from US$ 19 million. Earnings from company-owned areas climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
By the end of 1H2026, IWG had 358,000 areas open, with a further 257,000 signed however yet to open up. As soon as completely opened and developed, the additional areas are expected to generate greater than US$ 2 billion in annual system-wide income.
In July, IWG got French flexible-workspace provider Wojo from mutual investors Bouygues Immobilier and French hospitality group Accor. The acquisition included an additional 186 locations to IWG’s network.
The US made up 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 signings, amid continued strong demand for adaptable job solutions throughout the area.
“There is a massive chance ahead of us, and we’re thrilled to maintain accelerating our expansion,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
Income 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.
IWG’s network has expanded to greater than 6,000 locations globally.
About 95% of its brand-new signings in 1H2026 were secured through its “capital-light regulated partnership model”, which allows the group to expand its network with minimal capital expense while expanding its reach past huge cities into smaller towns and regional industry.
