IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
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 released on Aug 11.
International adaptable workspace provider International Workplace Group (IWG), whose labels include Regus and Spaces, authorized 728 brand-new sites internationally in 1H2026, as requirement for hybrid working proceeded to grow. This stood for a 47% boost from 496 signings in 1H2025.
The deal likewise establishes a lasting partnership with Accor, producing opportunities for IWG to suggest its flexible-workspace offerings at more resorts, according to the firm.
In July, IWG got French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality team Accor. The procurement included an additional 186 locations to IWG’s network.
IWG’s network has actually grown to greater than 6,000 areas around the world.
About 95% of its new signings in 1H2026 were secured through its “capital-light regulated collaboration model”, that permits the group to broaden its network with limited capital expense whilst extending its reach past major cities right into smaller towns and regional markets.
IWG is additionally broadening deeper into suburban areas, smaller sized commuter towns and regional cities. The team approximates there have to do with 1.2 billion white-collar workers worldwide, representing an overall addressable industry of greater than US$ 2 trillion.
The group also launched 425 new locations throughout the duration, up from 338 a year earlier.
System-wide profits from handled and franchised locations grew 36% y-o-y, while recurring management fees boosted 84% to US$ 35 million from US$ 19 million. Profits from company-owned locations climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
At the end of 1H2026, IWG had 358,000 areas open, with a further 257,000 signed however yet to open. Once completely started and mature, the additional areas are anticipated to generate more than US$ 2 billion in yearly system-wide earnings.
The US accounted for 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 group’s 728 new signings, amid continued strong demand for adaptable job options across the area.
“There is a significant chance ahead of us, and we’re excited to maintain increasing our growth,” claims Christian Schmitz, CEO of International Workplace Group.
