Soho House, a brand offering members’ clubs and hotels, reported Friday that it lost $57 million in the fourth quarter but had seen a significant increase in its membership count.
Soho House, a brand offering members’ clubs and hotels, reported Friday that it lost $57 million in the fourth quarter but had seen a significant increase in its membership count.
Soho House’s share price closed Friday up 3%, with investors modestly liking what the membership club operator had to say about its recent performance.
Soho House, owner of a network of members’ clubs, revealed Friday that its board had formed a committee to “evaluate certain strategic transactions, some of which may result in the Company becoming a private company.”
You'll be waiting a long time to get into Soho House in some of the world's largest cities.
Such is Mumbai's geography, stretching for more than 25 miles down India’s west coast, that it’s crucial to choose your area carefully. Colaba, on the southern tip, is a popular spot, with abundant sightseeing and restaurants. Further north, Bandra is packed with cool bars, while Juhu’s selling point is its three-mile stretch of golden sand. Hotels on the beach often come with rooftop pools, ideal for watching the sun set over the Arabian Sea. Here are 10 of the best.
Soho House has officially opened its first location in Latin America. The exclusive, members-only club recently opened in the heart of Colonia Juárez in a restored historic casa, Soho House Mexico City, focuses on the historic French and baroque heritage of the building. The restaurant will be a major culinary destination in the area with Three-Michelin Starred and James Beard Award recipient Chef Christopher Kostow.
Nick Jones said on Wednesday that he would step down from being CEO of Membership Collective Group nearly three decades since he founded the original Soho House that eventually led to the creation of the public company and owner of the Soho House chain.
Membership Collective Group is best known for its Soho House upscale member’s clubs and hotels and for being unprofitable for decades. The London-based company wants to change both of those things, it said during a Wednesday earnings call.
Hotel brand Zoku is opening its fourth property, which is located in Paris, on May 31.
Soho House & Co. wants its social clubs to stay popular — but not too popular.
Private members clubs are surging. What began with Soho House’s template of global expansion has spawned a variety of new players.
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