IWG Announces Three New Locations In Downtown Columbus And Canton Metro Area as Demand For Hybrid Working Continues to Grow

January 12, 2023 – IWG, plc (LSE: IWG), the world’s largest provider of flexible workspaces, announces three new flexible workspaces in Ohio as the demand for hybrid working continues to grow with companies of all sizes permanently embracing the model.

Growing demand for flexibility and access to professional spaces is underscored by record demand for hybrid working with IWG adding two million customers in the last year, as more and more businesses empower workers to work close to home in the heart of local communities. The new Regus centers include two urban locations in downtown Columbus and a suburban location in Louisville, a small town with a population of approximately 9,500 residents. The three locations will all offer IWG’s full suite of facilities, including private offices, co-working and collaboration spaces, meeting rooms and a host of tech services, like IT support.

IWG will add two Regus centers in downtown Columbus at 350 1st Avenue and 10 North High Street. The brand’s third Regus center will be located at 2321 Energy Drive in Louisville, Ohio. Including the three new locations, IWG currently has 25 operating workspaces in the state of Ohio.

“We are delighted to be working with new partners to bring the numerous benefits of hybrid working to businesses, local communities and employees in the area. Over the past two and a half years, demand for hybrid working solutions has rapidly increased as workers enjoy a significantly improved work/life balance with less time spent commuting and employers benefitting from substantial cost savings and the ability to recruit from a wider pool of talent,” said Mark Dixon, IWG Founder and CEO.

“With 82% of CFOs noting in a recent study that the hybrid model offers a significantly lower cost base, leading to an ever-increasing number of businesses committing to the hybrid model for the long-term. As a result, we will see the Great Lease Resignation of traditional office space continue and the growing appeal of shared office and co-working spaces as a much more attractive alternative,” said Dixon.

IWG’s new Ohio locations reflect the continued demand for flexible workspaces in urban areas, in addition to the growing demand for flexible workspaces in smaller communities. IWG workspaces help drive the growth of a wide range of local communities spanning from the largest city in Ohio to a small town outside of Canton. IWG’s flexible workspaces lend well to Columbus’s growing tech startup community, which has seen rapid growth over the last several years.

A reflection of the growing demand for flexible workspaces in suburban communities, IWG’s new Louisville location will serve the growing number of people who have relocated to suburban areas for a better work-life balance. Known as the Constitution Town, the quaint town of Louisville is home to many small, local businesses. The new Regus center will offer space to connect these business leaders to the larger Canton and Ohio business markets.

Among IWG’s global customer base are 83% of Fortune 500 companies, who benefit from access to IWG’s unparalleled network of workspaces including 1,100 locations in the U.S. and 3,500 locations in over 120 countries around the world.

As the demand for hybrid working solutions accelerates, IWG is opening the vast majority of its new locations in partnership with commercial real estate owners, developers and franchisee investors. Partnering with IWG enables landlords to add value to their properties and benefit from IWG’s innovative tech platform and proven sales and marketing model. Strategic partnerships are varied and flexible - anything from simple fit-outs to revenue and profit-sharing arrangements. The IWG team can tailor solutions in whatever format and style to meet the specific needs of buildings and customers.

IWG is the global leader in hybrid work solutions and workspace brands. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of IWG’s hybrid working platform to increase their productivity, efficiency, agility, and market proximity.

IWG’s unrivaled network coverage includes approximately 3,500 locations across more than 120 countries and 83% of Fortune 500 companies are amongst our growing customer base.

Through our brands including Regus, Spaces, HQ and Signature, we help millions of people and their businesses to work more productively. We do so by providing the world’s leading hybrid work platform with professional, inspiring and collaborative workspaces and digital services all available via the IWG app. For more information visit www.iwgplc.com and for more information on partnering with IWG, see: