IWG signs 728 new locations globally in 1H2026, up 47% from a year ago

The US made up 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 signings, amid continued strong demand for adaptable work remedies across the area.

About 95% of its brand-new signings in 1H2026 were acquired through its “capital-light managed partnership model”, which enables the group to expand its connection with minimal capital expense while prolonging its reach past major metros into smaller cities and regional markets.

Income climbed 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.

“There is a massive chance ahead of us, and we’re excited to maintain accelerating our development,” says Christian Schmitz, CEO of International Workplace Group.

Wynwood Grand City Development Limited (CDL)

The agreement also establishes a lasting relationship with Accor, developing opportunities for IWG to present its flexible-workspace offerings at even more hotels, according to the business.

At 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 additional areas are projected to create greater than US$ 2 billion in annual system-wide revenue.

Global flexible workspace service provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, authorized 728 new locations internationally in 1H2026, as requirement for hybrid working proceeded to grow. This represented a 47% boost from 496 signings in 1H2025.

IWG’s network has actually grown to greater than 6,000 places globally.

IWG is also increasing deeper into suburban communities, smaller sized commuter towns and regional cities. The team estimates there are about 1.2 billion office workers internationally, representing a complete addressable industry of greater than US$ 2 trillion.

System-wide profits from handled and franchised locations expanded 36% y-o-y, while recurring management costs enhanced 84% to US$ 35 million from US$ 19 million. Income from company-owned areas climbed 5% to US$ 1.865 billion from US$ 1.77 billion.

In July, IWG obtained French flexible-workspace provider Wojo from mutual investors Bouygues Immobilier and French hospitality team Accor. The purchase included an additional 186 places to IWG’s network.

The group also launched 425 brand-new places throughout the time period, increase from 338 a year earlier.