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Private Club

All articles tagged with #private club

business4 months ago

Soho House to Revert to Private Status in $2.7 Billion Deal

Soho House, a renowned members-only club founded in 1995 that caters to creatives and the artsy elite, has transitioned back to private ownership after facing financial difficulties and a decline in stock value since its 2021 IPO. Despite its global expansion and exclusive appeal, the company struggled with profitability and competition, leading to its recent sale at a lower valuation of $2.7 billion, with notable investors including Apollo Global Management and actor Ashton Kutcher.

via Business Insider|
#business#exclusivity#financial-struggles
travel-and-hospitality2 years ago

Soho House Announces Major Expansion into New York's Hudson Valley and Beyond

Soho House, the UK-born private club, is set to open its first countryside retreat in the US in Rhinebeck, New York's Hudson Valley. The venue, named Soho House Rhinebeck, will be located on the historic Grasmere estate and will feature restored 19th-century buildings, lodgings, various food and drink outlets, as well as outdoor activities such as hiking, cycling, and spa and wellness offerings. Soho House plans to open 20 new locations globally by 2025, with a focus on expanding in North America.

via New York Post |
#countryside-retreat#hudson-valley#private-club
sports2 years ago

Unveiling the Mystery of Los Angeles Country Club: A Look at the 2023 U.S. Open.

The Los Angeles Country Club, one of the city's oldest and most prestigious golf courses, is hosting the U.S. Open for the first time this week, marking a significant shift in philosophy for the usually publicity-shy club. The ultra-private setup is by design, but the club has changed its membership criteria in recent years, welcoming younger members and focusing on community outreach. The USGA has already announced plans to hold the 2032 U.S. Women's Open and 2039 U.S. Open at LACC, hoping to make it part of a regular rotation of major venues around the country.

via Yahoo Sports|
#community-outreach#golf#los-angeles-country-club
business2 years ago

Exclusive NYC Private Club ZZ's Reveals Membership Fees

The opening of New York City's most expensive private club, ZZ's, has been delayed again, with a new target of "late summer." The club, launched by Major Food Group, will have a $50,000 initiation fee and yearly dues of $10,000. Members will have access to a private Carbone, a Japanese restaurant and sushi bar, a cocktail bar and lounge, a boutique nightclub, and various private dining rooms. Some prospective members are skeptical about the high cost and lack of amenities compared to other private clubs. However, others believe it's worth every penny, with one member even getting a personal concierge.

via New York Post |
#business#exclusivity#major-food-group