IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
Global flexible work space provider International Workplace Group (IWG), whose labels consist of Regus and Spaces, authorized 728 new locations globally in 1H2026, as requirement for hybrid working continued to grow. This represented a 47% increase from 496 signings in 1H2025.
The US represented 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 more than 20% of the team’s 728 new finalizings, amid continued solid demand for versatile service remedies across the region.
“There is a big chance ahead of us, and we’re excited to keep accelerating our expansion,” states Christian Schmitz, CEO of International Workplace Group.
IWG is also increasing deeper into suburban areas, smaller sized commuter towns and regional cities. The group estimates 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.
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Profits 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.
About 95% of its brand-new signings in 1H2026 were obtained through its “capital-light regulated partnership model”, which enables the group to broaden its network with restricted capital expense while extending its reach past major metros into smaller cities and regional industry.
System-wide earnings from handled and franchised locations grew 36% y-o-y, while recurring management costs boosted 84% to US$ 35 million from US$ 19 million. Income from company-owned places climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
IWG’s network has actually thrived to greater than 6,000 places worldwide.
In July, IWG got French flexible-workspace operator Wojo from shared investors Bouygues Immobilier and French hospitality group Accor. The procurement included one more 186 locations to IWG’s network.
By the end of 1H2026, IWG had 358,000 areas open, with a further 257,000 signed however yet to start. When fully opened and developed, the extra spaces are projected to create more than US$ 2 billion in yearly system-wide earnings.
The group also started 425 new areas throughout the duration, up from 338 a year earlier.
The agreement also establishes a long-term connection with Accor, producing opportunities for IWG to launch its flexible-workspace offerings at even more resorts, according to the firm.
