For many years, Regus sat comfortably as the king of the serviced officer providers. Under its founder Mark Dixon, a former hotdog salesman, the company rapidly expanded across the world and (bar nearly going bust in 1990) became a roaring success, with more than 3,000 offices across the world. Wework has changed all that.
The privately owned, New York-based company has revolutionised the world of serviced offices into hip operations that come with perks such as coffee and beer on tap, quirky furniture and pool tables, as well as networking events, fitness classes and communual spaces that allow businesses to swap ideas.
Among millennial entrepreneurs looking for space to take by the week or even the hour, Regus quickly became an afterthought, with associations of