Articles tagged “soho house”

Coronavirus

Soho House Owner Risks Cool Factor in Pursuit of Profitability

Membership Collective Group and its leading brand Soho House haven’t seen profitability since the first club opened more than 25 years ago. Opening more clubs at reduced costs can lead to profits, but that also risks diluting the exclusivity once associated with the brand.

Cameron Sperance | 2 months ago
Soho House Owner Risks Cool Factor in Pursuit of Profitability

Business Travel

Microsoft’s New Carbon Penalties for Corporate Travel Stir Debate

Microsoft's news this week underscored a bigger problem: It no longer seems to be about how to cut carbon emissions, but rather how that gets counted.

Matthew Parsons | 2 months ago
Microsoft’s New Carbon Penalties for Corporate Travel Stir Debate

Hotels

Soho House Parent Shrugs Off Annual Loss With Boast of Growth Plans

How long can Soho House owner Membership Collective Group keep losing money? More clubs and increased membership are one way to tell a growth story, but investors eventually want to see profitability.

Cameron Sperance | 2 months ago
Soho House Parent Shrugs Off Annual Loss With Boast of Growth Plans

Coronavirus

Wyndham Positions Itself for International Expansion in 2022

Wyndham plans to throttle its recovery forward with a wave of international openings this year. The uncertain factor is if investors want this, given the company's resilience during the pandemic stemmed from domestic travel demand.

Cameron Sperance | 3 months ago
Wyndham Positions Itself for International Expansion in 2022

Coronavirus

Soho House Will Raise Prices Fearlessly Despite Spiking Inflation

Profitability remains elusive for Soho House parent Membership Collective Group. Raising prices will help the company eventually change this, but company leaders must be careful about not scaring off people who could begin to think membership no longer holds its value.

Cameron Sperance | 6 months ago
Soho House Will Raise Prices Fearlessly Despite Spiking Inflation

Business Travel

Behind the WeWork IPO Financing It Hopes Takes the Target Off Its Back

The world’s most famous flexible co-working space provider has a new lease on life following its SPAC deal, but is its model still relevant for the post-pandemic workforce? Its backers are betting so.

Matthew Parsons | 7 months ago
Behind the WeWork IPO Financing It Hopes Takes the Target Off Its Back

Coronavirus

Rosewood Launches a Soho House Competitor — More Copycats Expected

Hotel companies may tout things like exclusivity and networking opportunities as reasons to launch a members-only club, but the real upside here is all about financial security. Soho House proved this is a resilient business model, even in the face of a pandemic.

Cameron Sperance, Skift | 9 months ago
Rosewood Launches a Soho House Competitor — More Copycats Expected

Coronavirus

Why 2021 Is the Year of the Travel IPO

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.

Sean O'Neill, Skift | 9 months ago
Why 2021 Is the Year of the Travel IPO

Coronavirus

How Hilton Grand Vacations Digests a $1.4 Billion Takeover Will Test Hot Timeshare Market

The timeshare sector is underway with overdue change. Chasing changing traveler tastes, millennials, and eventually Gen Z buyers means pushing into cities and offering more flexibility.

Cameron Sperance, Skift | 10 months ago
How Hilton Grand Vacations Digests a $1.4 Billion Takeover Will Test Hot Timeshare Market

Coronavirus

Soho House Disappoints in Public Debut as Owner’s Shares Fall 6%

Membership Collective Group's first-day plummet on the New York Stock Exchange is bad optics for a brand banking on travelers coveting exclusivity at properties like Soho House over the next decade.

Noor Zainab Hussain, Reuters | 10 months ago
Soho House Disappoints in Public Debut as Owner’s Shares Fall 6%