Articles tagged “membership collective”

Hotels

Soho House Draws Buyout Offer – at an 80+% Premium

All signs point to the buyout offer being okayed, given that it has support of Soho House's largest shareholder, Ron Burkle, and that it values the company at an 83% premium to its most recent market closing price.
Hotels

A Sad Sack of Lodging SPACs Struggling as Public Companies

In an amazing recovery from over 700 points down, the DJIA ended the day down only 280 points while Nasdaq rallied to end up 6. Vacasa’s stock price plunged well into penny stock category, joining Sonder, before recovering somewhat, ending the day down -25%.
Tourism

Travelers Ask: What Is Sustainable Travel?

Today’s edition of Skift’s daily podcast looks at travelers’ confusion about sustainability, Uganda’s tourism outsourcing, and Soho House’s better numbers.