IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
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 launched on Aug 11.
About 95% of its brand-new signings in 1H2026 were secured through its “capital-light regulated collaboration model”, which allows the group to broaden its connection with minimal capital investment whilst extending its reach past primary cities into smaller towns and regional industry.
“There is a big opportunity ahead of us, and we’re thrilled to keep increasing our expansion,” claims Christian Schmitz, Chief Executive Officer of International Workplace Group.
Global versatile work space provider International Workplace Group (IWG), whose brand names consist of Regus and Spaces, authorized 728 new places internationally in 1H2026, as need for combination working never ceased to increase. This represented a 47% increase from 496 signings in 1H2025.
Hillock Green showflat location
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 signings, amid continued solid need for flexible job options throughout the area.
IWG is likewise expanding deeper into suburban areas, smaller sized traveler towns and regional cities. The team estimates there are about 1.2 billion office workers globally, representing a complete addressable industry of more than US$ 2 trillion.
In July, IWG obtained French flexible-workspace provider Wojo from joint investors Bouygues Immobilier and French hospitality group Accor. The purchase included an additional 186 places to IWG’s network.
By the end of 1H2026, IWG had 358,000 spaces open, with an additional 257,000 signed but yet to open. As soon as totally started and developed, the extra rooms are expected to create greater than US$ 2 billion in annual system-wide profits.
The group also launched 425 new areas during the time period, increase from 338 a year earlier.
System-wide earnings from handled and franchised areas grew 36% y-o-y, whilst recurring management fees raised 84% to US$ 35 million from US$ 19 million. Profits from company-owned locations increased 5% to US$ 1.865 billion from US$ 1.77 billion.
The deal additionally develops a lasting connection with Accor, creating chances for IWG to present its flexible-workspace offerings at more hotels, according to the business.
IWG’s network has expanded to more than 6,000 areas globally.
