Is it hard to get a Soho House membership?
Soho House accepts new membership applications at the beginning of each month. It’s a who’s who of Hollywood. To be a selected member you have to be a talented creative proper star. A committee goes through the applications. It’s mostly a men’s club, with few women, but the club is gradually allowing more women. Soho House – the members’ club where celebrities like Kate Moss, Kendall Jenner, and even Harry & Meghan have partied – has just been sold for £2bn. The deal brings the exclusive brand back into private hands, led by US hotel giant MCR Hotels and private equity firm Apollo.The deal to return Soho House to private ownership was done by private equity firm Apollo. Existing Soho House shareholders will hold onto their stakes in the company. They include founder Nick Jones, husband of the presenter Kirsty Young, as well as Ivy Collection restaurant chain boss Richard Caring.No such concerns for stars such as Meghan and Harry, the Beckhams, Taylor Swift, Margot Robbie, Kate Moss or James Corden. For almost 30 years, Soho House has been the most sought-after, celebrity-heavy private members’ club in the world.
Is Soho House for profit?
Since going public in 2021, Soho House – an upscale private members’ club frequented by A-listers, musicians, artists and other celebrity-adjacent individuals – has experienced a sharp decline in share value. The company has struggled to turn a profit despite growth in membership and revenue, according to Reuters. Yet over the past few years, Soho House’s glamorous star has faded. Its rapid expansion – it now boasts a not-so-exclusive network of almost 50 locations – as well as a troubled stock market flotation and criticism of overcrowding, has led to claims the brand had lost its way.Inside Soho House’s Lavish Global Property Portfolio—as Ashton Kutcher Joins $2. Billion Takeover of Private Members’ Club. Exclusive private members’ club Soho House has agreed to a $2. Hollywood star Ashton Kutcher joining its board.Soho House is going private in a $2. New York-based MCR Hotels, capping a turbulent market run and financial struggles that erased nearly half of the high-end members club operator’s value since its 2021 debut.
Who is the CEO of Soho House?
Andrew carnie, ceo. Andrew carnie has been ceo of soho house & co since november 2022. A seasoned leader renowned for his commitment to delivering an exceptional customer experience, he is passionate about offering soho house members a ‘home away from home’ and staying true to the brand’s heritage and exclusivity. Carnie won’t comment on the going-private talks, noting, “all of our investors are more supportive than ever. And he’s made some progress on his profitability goals, cutting soho house’s annual net loss almost in half last year, to $118 million.