WMWeWork India Management544570Flexible office space

WeWork India management discussed strong occupancy, capacity addition and pricing power amid rising competition in an earnings interview

By ScoutQuest · Tue 27 Oct 2026, 11:18 AM IST · 1 min read

Desks opened this quarter

11.7,000 desks

Desks filled on day one

6 and 1/2,000 to 7,000 desks

Capacity addition last 12 months

30 to 32 percent

Membership growth last 12 months

30 percent

New seats opened April to October

22,000 to 23,000 seats

Heard on business television between 11:18:48 - 11:21:48 IST.

• Added nearly 11,700 desks this quarter, its highest concentrated rollout ever, with 6,500-7,000 already filled on day one.
• Capacity grew about 30-32% over last 12 months while membership grew 30%, keeping new desks nearly fully occupied.
• New centres opened between April and October (about 22,000-23,000 seats) are running at around 65% occupancy, above the 55% break-even level.
• Only 4,000-5,000 new seats planned in second half versus 20,000 in first half, with focus shifting to ramping up occupancy at existing centres.
• Management said pricing remains strong but competition is intense; differentiators cited are brand, prime grade-A locations, landlord relationships and customer experience; GCCs contribute over 40% of core revenue while domestic businesses account for 47% of fresh leasing nationally.

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