Why Is Regus Investing So Much In Growth?

Our interim results have been published.  Regus continues to display significant positive momentum, with Group revenue and underlying operating profit both up 22%.

The company Mark Dixon founded in 1989 was based on a simple idea: helping companies to do business. Twenty years ago, that meant providing serviced offices on flexible terms; today, our customers are mobile workers who need the products and services that can help them to work more effectively any time, anywhere.

Our latest figures show that the proportion of customers who have only a serviced office with us is now below 25%. Instead, a growing number are interested in our products which support flexible, mobile working – business lounges, virtual offices, day offices, video-communication and other support services – and in working from our facilities which are increasingly likely to be situated in motorway service stations, railway stations, community centers and retail stores.

This growing demand for the full range of our services has come from businesses of all sizes and across all regions. No matter the size or location of our customers, Regus helps businesses to adopt to this new way of working. With our vast global  network, our wide range of services and products and our focus on innovation and customer service, we are well placed to lead the world in helping businesses make mobility work for them.

Over the past few years, while many businesses have been in the doldrums, Regus has been expanding all over the world, in the developed world and especially the USA, but also in some of the less developed regions of Africa, Asia, South America as well as eastern and southern Europe.  Dixon would never claim his business was recession-proof, but it is a fact of economic life that recessions force people back on their own resources, and turn former employees into entrepreneurs.

Many of the world’s best businesses were formed in dire economic times. So as well as catering to large and growing businesses, we are providing the means by which that brave band of entrepreneurs – many of whom lost their jobs a few months earlier – are building the businesses of the future.

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