IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
System-wide profits from handled and franchised locations grew 36% y-o-y, while recurring management costs boosted 84% to US$ 35 million from US$ 19 million. Earnings from company-owned locations rose 5% to US$ 1.865 billion from US$ 1.77 billion.
International adaptable work space service provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, authorized 728 new areas internationally in 1H2026, as demand for hybrid working continued to increase. This represented a 47% rise from 496 signings in 1H2025.
Around 95% of its new signings in 1H2026 were obtained via its “capital-light managed alliance model”, that permits the group to broaden its network with minimal capital investment while prolonging its reach past huge towns right into smaller communities and regional markets.
IWG is also expanding deeper right into suburban communities, smaller traveler towns and regional cities. The group approximates there have to do with 1.2 billion white-collar workers worldwide, representing a total addressable market of more than US$ 2 trillion.
In July, IWG acquired French flexible-workspace operator Wojo from joint shareholders Bouygues Immobilier and French hospitality team Accor. The purchase included another 186 areas to IWG’s network.
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.
By the end of 1H2026, IWG had 358,000 spaces open, with an additional 257,000 signed but yet to launch. Once totally established and developed, the extra spaces are projected to bring in more than US$ 2 billion in yearly system-wide revenue.
The US accounted for 187 of IWG’s new signings, adhered to by the UK with 62, India with 45 and China with 42. Asia Pacific contributed 164, representing greater than 20% of the team’s 728 new signings, amid continued solid need for flexible job options throughout the area.
The group also started 425 brand-new areas throughout the period, increase from 338 a year earlier.
The arrangement likewise develops a long-lasting connection with Accor, producing opportunities for IWG to introduce its flexible-workspace offerings at more hotels, according to the business.
“There is a big chance ahead of us, and we’re thrilled to maintain increasing our expansion,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
IWG’s network has grown to greater than 6,000 places around the world.
