• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Workspaces Run Better On UltraSoftBIS
Home News Coworking

Analysts Decrease IWG Revenue Predictions As Inflation Takes Its Toll

IWG recently announced that inflation, the pandemic, and the war in Ukraine could hinder their profits and shares, despite more companies demanding hybrid workplaces.

Aayat AlibyAayat Ali
May 3, 2022
in Coworking
Reading Time: 2 mins read
A A
Analysts Decrease IWG Revenue Predictions As Inflation Takes Its Toll
Advertisements
Kube Suite

More stories for you

The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

2 days ago
Running Out Of Space Virtual Offices Can Grow Your Coworking Revenue Without Expanding

Running Out Of Space? Virtual Offices Can Grow Your Coworking Revenue Without Expanding

4 days ago
IWG Expands In Budapest With Two New Flexible Office Locations

IWG Expands In Budapest With Two New Flexible Office Locations

1 week ago
ClassPass And WeWork Partner To Provide New On Demand Access to Workplace And Wellness Offerings

ClassPass And WeWork Partner To Provide New On Demand Access to Workplace And Wellness Offerings

1 week ago

IWG has joined the ranks of companies that are warning about the impact inflation is having on their business.  

The serviced office firm recently announced that inflation, the pandemic, and the war in Ukraine could hinder their profits and shares, despite more companies demanding hybrid workplaces.  

Advertisements
Nexudus - Tech Stack Lovers

This week, IWG’s share price fell over 6% to 238p and is down more than 20% from this time last year. 

Inflation has torn through companies large and small, with IWG stating that it is rolling out a franchise operating model to ease the blow.  

Advertisements
Workspaces Run Better On UltraSoftBIS

Due to China’s “zero Covid” policy, IWG has had to close many of its offices in Shanghai, further hampering its revenue stream. 

All of this has led investment analysts to decrease their forecasts for the company. For instance, Investec analyst Michael Donnelly reduced his full-year profit prediction for the company from £148 million to £123 million. 

“There are two big players in this world: WeWork and IWG. Both are growing their top line, which answers the question of whether it’s the right market to be in” said Donnelly. “But the other question is: what is the cost model to make this work? They’re both figuring that out.” 

Advertisements
Subscribe to the Future of Work Newsletter
Source: Financial Times
Tags: Business
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?
Workforce

The Future Of Online Work Is At Risk — Is This Creator Economy Prepared For The Fallout?

byEmma Ascott
2 days ago

Senator Mike Lee's bill to ban pornography could impact hundreds of thousands of workers.

Read more
Running Out Of Space Virtual Offices Can Grow Your Coworking Revenue Without Expanding

Running Out Of Space? Virtual Offices Can Grow Your Coworking Revenue Without Expanding

4 days ago
IWG Expands In Budapest With Two New Flexible Office Locations

IWG Expands In Budapest With Two New Flexible Office Locations

1 week ago

ClassPass And WeWork Partner To Provide New On Demand Access to Workplace And Wellness Offerings

1 week ago

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Advertisements
×
Maximize Flexible Space Revenue
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00