Brief: Wework Provides Business Update On Sales Momentum, Accelerating Recovery

Wework

21/06/2021 12:35

June 21 (Reuters) - BowX Acquisition Corp  BOWX.O :
    * WEWORK PROVIDES BUSINESS UPDATE ON SALES MOMENTUM,
ACCELERATING
RECOVERY
    * WEWORK - GROSS DESK SALES WERE APPROXIMATELY 33,000 IN
APRIL AND
39,000 IN MAY
    * WEWORK - TOTAL OCCUPANCY INCREASED TO 53% AS OF MAY, UP 3
PERCENTAGE POINTS SINCE MARCH
    * WEWORK - ALL ACCESS INCREASED TO 20,000 MEMBERSHIPS AS OF
MAY,
REPRESENTING A 33% INCREASE FROM MARCH
    * WEWORK - ACROSS ITS GLOBAL PORTFOLIO, OCCUPANCY CONTINUES
TO
TREND UPWARDS AT 53% AS OF END OF MAY

Source text for Eikon:  ID:nBwClQcma 
Further company coverage:  BOWX.O 

 ((Reuters.Briefs@thomsonreuters.com;))