IWG Reports Third-Quarter Revenue Growth, Shares Rally
System-wide revenue rose 12% to $1.26 billion and group revenue increased 9% to $1.03 billion in the three months to September end.
The flexible workspace provider, which has a portfolio of managed, franchised and company-owned offices, said system-wide revenues rose 12% in the three months to September end to $1.26bn, while group revenues improved 9% to $1.03bn.In company-owned properties, revenue per available room was 2% hig…