Regus Owner Posts Record Revenue as More Firms Adopt Hybrid Work
- Flexible office firm posted highest revenue in 30-year history
- IWG debt declines over six-month period, seen falling further
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IWG Plc, the flexible office company that owns the Regus brand, reported its best-selling half-year ever as more companies embraced hybrid working.
The Zug, Switzerland-based company posted six-month revenue of £1.7 billion ($2.1 billion) on the back of more employers seeking flexible space as their staff work from home for a day or two per week, the company said in a statement Tuesday.