Jeff Doughman (CEO of N.America at IWG) shared that the firm was opening the first Spaces location in Las Vegas, and the state of Nevada.

Joanne Bushell was appointed CEO, United Kingdom for IWG plc, becoming the company’s first female CEO after more than 20 years in senior leadership roles across Africa, the Middle East, and Eastern Europe. Her immediate priorities include accelerating revenue growth and partnership-driven network expansion, elevating customer experience while strengthening broker/agent and enterprise partnerships, and developing the next generation of leaders within IWG UK.

Bushell will lead execution of the UK business plan in alignment with IWG Founder & Group CEO’s 2030 vision, focusing on advancing flexible workspace accessibility for businesses across the UK market.

Brad Krauskopft shares that the Australian coworking sector has stabilized into a credible investment opportunity despite past challenges like WeWork’s rightsizing and Victory Offices entering voluntary administration. The local market also has multiple investment pathways including publicly listed operators like WOTSO, Servcorp, and London-listed International Workplace Group (IWG).

Some of the numbers shared, include WOTSO reported 6% revenue growth to $32 million across its 34 Australian locations, while Rubberdesk data showing an increase in national desk rates by 1.2% to $660 per desk with available space rising 0.9% to 158,355 sqm.

Rates in the 26-50 desk category jumped 12.4% in Sydney and 6% nationally, with IWG research indicating hybrid workers using coworking spaces two to three days weekly could save up to $5,892 annually in commuting costs.

This was a big week for Jabbrbox as they shared the news they now have locations inside Chicago O’Hare International Airport. For those travelers that don’t have access to an airline lounge, they can now pre-book or walk up and recharge or get focus inside their private, connected workspaces

Chicago O’Hare sees 83M passengers a year — that’s a lot of potential customers for IWG/Regus the partner behind this Jabbrbox expansion strategy. But with great opportunity comes a lot of work and waiting. Jabbrbox’s co-founder shared in a separate post that this launch is the result of 9 years of work to secure the space within ORD. Congrats to them!