Comments on: Regus Turns a Profit, Admits Rough Market Conditions

By: Bill Brookshire

Bill Brookshire — Wed, 20 May 2009 15:37:17 +0000

This is a reality check for the serviced office industry. You guys better get out there with some messages and marketing that demonstrates why folks should rent office space from you instead of traditional offices. The entire commercial real estate industry is hurting and we see here that the executive office suites sector is definitely not immune!

By: Elizabeth Sanchez

Elizabeth Sanchez — Wed, 20 May 2009 15:30:45 +0000

Regus being one of the only public serviced office companies, their earnings are transparent. I’m not sure what others in the executive offices suites industry can take away from this, other than that they are not immune from the recession. For companies looking at serviced office space as a possibility, you may be able to strike some good deals this summer with all the office space coming online this year.

By: Maggie Correta

Maggie Correta — Wed, 20 May 2009 15:16:33 +0000

Some of the new locations mentioned in this article are actually from May, so it does seem Regus is continuing to rush ahead with its expansion strategy on the serviced office front. Rob is right. We’ll have to wait and see if they keep up the pace of executive suites openings. But I imagine they will open at least another 25 this year.

By: Rob Zeus

Rob Zeus — Wed, 20 May 2009 15:02:06 +0000

Interesting is the fact that Regus opened 16 new serviced office facilities in the first four months of the year. That means, basically, one executive office suite opening a week. That’s pretty amazing. The company didn’t give any indication as to whether or not in intends to keep up that pace over the next four months. I guess we’ll have to wait and see.

By: Marcus Hester

Marcus Hester — Wed, 20 May 2009 14:45:16 +0000

Hmm. Regus is seeing some softening. You would never know it from all the marketing they are doing in the serviced office space. This is a smart company; smart companies know you have to keep marketing in a recession. Perhaps no other company in the executive office suites industry has the brand recognition of Regus.