International Workplace Group plc (IWG.L), a provider of serviced offices, Tuesday said its revenue for the third quarter increased 1 percent to $931 million from $919 million in the same period a year ago.
System-wide revenue grew 3 percent to $1.065 billion from $1.040 billion last year.
RevPAR or revenue per available room, however, decreased 17 percent to $412 million from $496 million in the previous year.
Looking ahead, the company has confirmed its outlook.
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