IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
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 team’s 728 new signings, amidst continued strong demand for versatile job options across the area.
By the end of 1H2026, IWG had 358,000 rooms open, with a further 257,000 signed however yet to start. As soon as totally opened and mature, the added rooms are anticipated to generate more than US$ 2 billion in yearly system-wide income.
“There is a substantial chance ahead of us, and we’re delighted to maintain accelerating our expansion,” says Christian Schmitz, CEO of International Workplace Group.
In July, IWG obtained French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality team Accor. The procurement included one more 186 locations to IWG’s network.
IWG’s network has actually expanded to greater than 6,000 areas around the world.
Universal adaptable work space provider International Workplace Group (IWG), whose brand names include Regus and Spaces, authorized 728 new places around the world in 1H2026, as need for hybrid working continued to grow. This stood for a 47% rise from 496 signings in 1H2025.
System-wide revenue from regulated and franchised places expanded 36% y-o-y, while recurring administration costs increased 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.
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.
Zyon Grand CDL and Mitsui Fudosan
The agreement additionally establishes a long-term partnership with Accor, producing opportunities for IWG to suggest its flexible-workspace offerings at even more hotels, according to the business.
IWG is also expanding deeper into suburban neighborhoods, smaller sized traveler communities and regional cities. The team approximates there have to do with 1.2 billion white-collar workers around the world, standing for an overall addressable industry of greater than US$ 2 trillion.
The group also opened up 425 brand-new places during the time period, up from 338 a year earlier.
Around 95% of its new signings in 1H2026 were secured via its “capital-light regulated partnership model”, that permits the group to expand its organization with restricted capital investment while prolonging its reach beyond primary cities into smaller communities and regional industry.
