IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
System-wide revenue from regulated and franchised areas grew 36% y-o-y, while recurring administration fees boosted 84% to US$ 35 million from US$ 19 million. Earnings from company-owned places climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
In July, IWG obtained French flexible-workspace provider Wojo from shared shareholders Bouygues Immobilier and French hospitality team Accor. The acquisition included an additional 186 places to IWG’s network.
“There is a significant opportunity ahead of us, and we’re thrilled to maintain accelerating our expansion,” claims Christian Schmitz, CEO of International Workplace Group.
The group also started 425 brand-new locations during the time period, increase from 338 a year earlier.
Universal flexible work space provider International Workplace Group (IWG), whose labels include Regus and Spaces, authorized 728 new locations internationally in 1H2026, as need for combination working never ceased to expand. This stood for a 47% boost from 496 signings in 1H2025.
Earnings 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 released on Aug 11.
IWG is additionally expanding deeper into suburban areas, smaller traveler communities and regional cities. The team estimates there are about 1.2 billion office workers worldwide, standing for an overall addressable industry of greater than US$ 2 trillion.
The US represented 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, amidst persisted solid need for flexible job remedies throughout the region.
The arrangement likewise establishes a long-term partnership with Accor, producing possibilities for IWG to launch its flexible-workspace offerings at even more resorts, according to the company.
By the end of 1H2026, IWG had 358,000 spaces open, with a further 257,000 signed but yet to open up. Once fully opened and mature, the added rooms are projected to bring in more than US$ 2 billion in yearly system-wide income.
IWG’s network has expanded to more than 6,000 areas worldwide.
Around 95% of its new signings in 1H2026 were secured via its “capital-light managed collaboration model”, that allows the group to broaden its connection with limited capital investment whilst extending its reach past huge towns into smaller cities and regional industry.
