IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
International adaptable work area provider International Workplace Group (IWG), whose brands consist of Regus and Spaces, signed 728 new locations globally in 1H2026, as demand for hybrid working continued to expand. This represented a 47% rise from 496 signings in 1H2025.
The US represented 187 of IWG’s brand-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 demand for flexible job options across the area.
“There is a significant opportunity ahead of us, and we’re excited to maintain increasing our growth,” claims Christian Schmitz, CEO of International Workplace Group.
The arrangement likewise establishes a long-term partnership with Accor, developing opportunities for IWG to present its flexible-workspace offerings at even more hotels, according to the firm.
The group also launched 425 new locations during the duration, up from 338 a year earlier.
Revenue 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.
System-wide revenue from handled and franchised places grew 36% y-o-y, whilst recurring monitoring fees increased 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.
IWG’s network has expanded to greater than 6,000 areas globally.
In July, IWG acquired French flexible-workspace operator Wojo from mutual shareholders Bouygues Immobilier and French hospitality team Accor. The acquisition added another 186 areas to IWG’s network.
About 95% of its brand-new signings in 1H2026 were secured via its “capital-light regulated collaboration model”, which allows the group to expand its connection with limited capital expense whilst extending its reach past major cities right into smaller towns and regional markets.
IWG is also expanding deeper right into suburban neighborhoods, smaller commuter towns and regional cities. The team estimates there have to do with 1.2 billion white-collar workers globally, standing for a total addressable market of greater than US$ 2 trillion.
At the end of 1H2026, IWG had 358,000 areas open, with a further 257,000 signed however yet to start. Once fully established and developed, the added spaces are projected to generate more than US$ 2 billion in annual system-wide earnings.
