Articles tagged “membership collective”

Hotels

Soho House Considers Going Private as It Faces Investor Scrutiny

Soho House has been unprofitable since its debut as a public company in 2021. Will it make the numbers work?

Soho House Considers Going Private as It Faces Investor Scrutiny

Hotels

Soho House Wants Members to Buy Extras in Path to Unlocking Profits

Know what's cool? Having cool people join your member's clubs. Know what's even cooler? Having members buy your high-margin upsells, like food and skincare products.

Soho House Wants Members to Buy Extras in Path to Unlocking Profits

Daily Lodging Report

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%.

News Blog

Soho House Parent Changes Name to, Surprise, Soho House & Co.

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. In a few weeks, it will change its name to Soho House & Co., and its executives said they have…

News Blog

Soho House Founder to Retire From CEO Role; Company Cutting Back Growth Ambitions

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. Andrew Carnie, president of Membership Collective Group, will succeed Jones as…

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.

Travelers Ask: What Is Sustainable Travel?