IWG signs 728 new locations globally in 1H2026, up 47% from a year ago
The arrangement likewise establishes a long-lasting relationship with Accor, producing possibilities for IWG to introduce its flexible-workspace offerings at even more hotels, according to the firm.
The group also started 425 brand-new areas throughout the duration, increase from 338 a year earlier.
System-wide earnings from managed and franchised areas expanded 36% y-o-y, while recurring monitoring fees raised 84% to US$ 35 million from US$ 19 million. Revenue from company-owned places climbed 5% to US$ 1.865 billion from US$ 1.77 billion.
IWG’s network has actually expanded to greater than 6,000 locations globally.
Earnings increased 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.
The US made up 187 of IWG’s 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 team’s 728 new signings, amid persisted strong need for versatile service options throughout the region.
At the end of 1H2026, IWG had 358,000 rooms open, with an additional 257,000 signed however yet to launch. When totally started and developed, the added areas are anticipated to generate more than US$ 2 billion in yearly system-wide revenue.
Approximately 95% of its brand-new signings in 1H2026 were acquired through its “capital-light managed partnership model”, that permits the group to expand its connection with minimal capital expense whilst prolonging its reach beyond primary cities into smaller communities and regional markets.
IWG is likewise expanding deeper right into suburban areas, smaller sized traveler towns and regional cities. The group approximates there are about 1.2 billion white-collar workers around the world, representing a complete addressable market of greater than US$ 2 trillion.
“There is a massive opportunity ahead of us, and we’re delighted to maintain increasing our growth,” says Christian Schmitz, Chief Executive Officer of International Workplace Group.
In July, IWG got French flexible-workspace operator Wojo from joint investors Bouygues Immobilier and French hospitality group Accor. The acquisition included another 186 locations to IWG’s network.
Global flexible work space provider International Workplace Group (IWG), whose brands include Regus and Spaces, signed 728 brand-new sites internationally in 1H2026, as demand for hybrid working proceeded to grow. This stood for a 47% boost from 496 signings in 1H2025.
