Press Release

Press Release

The Executive Centre Announces Record Revenue in 2023 Annual Results; India delivers 31% Revenue growth over last year.

Growing trend towards flexible workspaces and resurgence of in-person collaboration contribute to increased revenues and EBITDA.   TEC Global delivers record-breaking revenue of USD 315 million, marking an 11.2% increase YoY; TEC India contributing 18% of global revenue TEC Global EBITDA increased 12% YoY to USD 56 million; TEC India achieved a 35% growth in EBITDA over last year TEC India delivers strong performance with the opening of 8 new centres in 2023; average occupancy stands at 92%. The Executive Centre (TEC), the leading premium workspace provider with presence in 15...
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