Regus Opens Two Street-Level Business Lounges in New York City

  Regus Opens Two Street-Level Business Lounges in New York City

 Survey finds New Yorkers need more locations where they can drop-in, network
                             and stay productive

Business Wire

NEW YORK -- May 8, 2013

Now that mobile technology has freed workers from the shackles of their
offices, a new survey conducted by Regus, the world’s largest provider of
flexible workplaces, set out to find how and where New Yorkers get work done.

Regus 747 Media Wall (Photo: Business Wire)

Regus 747 Media Wall (Photo: Business Wire)

The data reveals New Yorkers are constantly on the hunt for a place to work:

  *62% are expected to be “always on” and available to work from any place
    and at any time.
  *89% work away from their primary offices nearly half the month, on
    average.

While New Yorkers are accustomed to working on-the-go, they admit in the
survey the places they often find themselves in are not professional
workspaces:

  *68% have worked from restaurants, bars, or coffee shops.
  *54% think it’s difficult to be productive in those locations.

To fill the void for workers on the move looking for a professional place to
do business, Regus has introduced a solution with the opening of its flagship
business lounge in New York City at 747 Third Avenue in Midtown (which New
Yorkers ranked as the #1 neighborhood they find themselves in when they’re
away from the office during a workday). Regus also opened a second
street-level lounge in the heart of Chelsea at 275 7th Avenue. These latest
investments in New York are designed to provide workers access to a
professional place to collaborate, hold a meeting and get work done.

“These are the ideal locations for professionals looking to avoid the
isolation of working from home and the endless distractions of a hotel lobby
or coffee shop,” said Guillermo Rotman, CEO Regus Americas. “Our new centers
can accommodate New Yorkers and business travelers who need to be in the city
and near clients. Surrounding yourself with like-minded professionals often
leads to new business partnerships.”

Survey respondents also indicated some of the basics they need to stay
productive are very hard to find:

  *60% need access to a power outlet
  *41% need security
  *37% need privacy

While these needs can rarely be met at a coffee shop or restaurant, Regus’
lounges on the east and west side are designed to support modern work habits,
which includes more interaction, collaboration and spontaneity.

“We have business centers at the top addresses throughout the city,” explained
Rotman. “Demand is growing as businesses of all sizes want to be more
flexible, avoiding long-term, expensive commitments. The nature of work is
changing and the opening of our street-level locations was in direct response
to the diverse needs of today’s workforce.”

Editor’s Note: Images of the Regus’ new business lounge are available for
publication here.

About Regus

Regus is the world’s largest provider of flexible workplaces, with products
and services ranging from fully equipped offices to professional meeting
rooms, business lounges and the world’s largest network of video communication
studios. Regus enables people to work their way, whether it’s from home, on
the road or from an office. Customers such as Google, GlaxoSmithKline, and
Nokia join hundreds of thousands of growing small and medium businesses that
benefit from outsourcing their office and workplace needs to Regus, allowing
them to focus on their core activities.

More than a million customers a day benefit from Regus facilities spread
across a global footprint of 1,500 locations in 600 cities and 100 countries,
which allow individuals and companies to work wherever, however and whenever
they want to. Regus was founded in Brussels, Belgium in 1989, is headquartered
in Luxembourg and listed on the London Stock Exchange.

For more information, visit: www.regus.com.

About The Survey

The Regus New York Worker Survey was conducted by Kelton between April 11th
and April 24th, 2013 using an email invitation and an online survey, among 800
workers who live in New York, New Jersey, or Connecticut, have jobs that can
be performed from anywhere, and either work in Manhattan or visit Manhattan
frequently for work.

Results of any sample are subject to sampling variation. The magnitude of the
variation is measurable and is affected by the number of interviews and the
level of the percentages expressing the results.

In this particular study, the chances are 95 in 100 that a survey result does
not vary, plus or minus, by more than 3.5 percentage points from the result
that would be obtained if interviews had been conducted with all persons in
the universe represented by the sample. The margin of error for any subgroups
will be slightly higher.

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Contact:

Regus
Grant Greenberg
212-209-7348
Grant.greenberg@regus.com
 
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