IWG’s interim results show that while revenue across its centres has fallen by 10.4 per cent in the first half of 2021 compared to the same period last year, it has risen by 3.4 per cent between Q1 and Q2 of this year.
Occupancy levels have reached 69 per cent of pre-pandemic levels while enquiries and customer retention are back to pre-Covid levels in Q2. One of the strongest areas of improvement was for IWG’s flexible office spaces with revenue from meeting room and day office usage up 39.9% in Q2.
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