Regus

Infobox_Company
company_name = Regus Group plc
company_
company_slogan = Work without boundaries| company_type = Public limited (LSE: [http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB0033671222GBGBXSTMM3367122RGU RGU] )
foundation = 1989, Brussels, Belgium by Mark Dixon
location = Chertsey, Surrey, UK
Dallas, Texas, USA
key_people = Mark Dixon, CEO
Stephen Gleadle, CFO
Rudy Lobo, COO
Jayne O'Brien, CMO
industry = Facility management and business support services
products = Serviced offices, virtual offices, meeting rooms
revenue = profit£862.4 million GBP (2007)
net_income = profit£122.6 million GBP (2007)
num_employees = 4,730 (2007)| homepage = [http://www.regus.com/ www.regus.com]

Regus Group plc (LSE: [http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB0033671222GBGBXSTMM3367122RGU RGU] ) is a multinational corporation based in Chertsey, Surrey, England and Dallas, Texas, USA. Regus and its brands (HQ and Regus Express) provide serviced offices, virtual offices, and meeting rooms to clients on a contract basis. Regus caters to small businesses, large companies with few representatives in a given location, and frequent travellers. The company operates in over 70 countries, with more than 950 business centers in 400 cities, making it the world's largest provider of outsourced workspace. Company 2007 revenues were GBP £862.4 million. Regus employs 4,730 people worldwide, and is listed on the London Stock Exchange's FTSE 250.

History

While on a business trip to Brussels, a British entrepreneur, Mark Dixon, noted the lack of office space available to travelling business people; they were often forced to work from hotels. He identified a need for office space that was maintained, staffed, and available for companies to use on a flexible basis.

* 1989: Founds first business center in Brussels, Belgium
* 1994: Regus enters Latin America with a center in São Paulo
* 1999: Enters Asia with its first center in Beijing
* 2000: Completes a successful IPO on the London Stock Exchange
* 2001: Acquires Stratis, expands into the U.S. market
* 2001: The Regus business center on the 93rd floor of South Tower at the World Trade Center is destroyed during the 9/11 attacks
* 2002: Sells stake in its UK business to Rex 2002 Limited
* 2003: Enters Chapter 11 bankruptcy protection
* 2004: Exits Chapter 11 after reorganization
* 2004: Acquires HQ, a global workplace provider based in the U.S.
* 2006: Re-acquires Regus UK business
* 2006: Acquires Laptop Lane, a chain of American airport business centers
* 2006: Enters partnerships with Air France-KLM and American Airlines for preferred access for business travellers
* 2007: Enters partnership with American Express for preferred access for their Business Platinum cardholders.

External links

*Salter, Chuck. " [http://www.fastcompany.com/online/33/regus.html Office of the Future] ." "Fast Company." Issue 33, March 2000, page 272.
*Holusha, John. " [http://query.nytimes.com/gst/fullpage.html?res=9C03E0DC133AF933A15756C0A9679C8B63 Commercial Property/Business Centers; Modern Office for Rent: Daily Rates Available] ." "The New York Times." May 20, 2001.