Soho House UK Limited

Founded in 1995 and based in London, UK, Soho House UK Limited is a private membership club. As of 2022, Nick Jones is the founder and CEO of the company. It opened its first branch on Greek Street in the city of London, UK, and was able to expand internationally, initially in New York, US, in 2003, then in Berlin, Germany, in 2010, and in Asia in 2019. In July 2012, Yucaipa Companies acquired a 60% majority stake in Soho House UK Limited for approximately USD 383 million.

In July 2021, Soho House UK Limited made an initial public offering (IPO) of USD 420 million on the NYSE, under the ticker MCG, and as of August 2021, it operated 27 houses in 10 countries. The company offers its members access to its own clubs, hotels, studio spaces, event spaces, and venues around the world. The firm also allows non-members to book bedrooms in Soho House and workspace in the Soho Works Lounge at a fixed rate. Additionally, the organization owns Cowshed Spa, which offers therapeutic treatments and various beauty and wellness products for men and women, and even sells furniture, beds, tables, and lamps through its online portal under the brand name Soho Home.

Furthermore, the company offers SH. APP, the mobile application, which lets members make bookings and payments, connect with peer groups, etc. The enterprise generates revenue through its annual membership fees and one-time registration fees from Soho House members. It also generates revenue within its houses by selling food and beverages, accommodations, and spa products and treatments.

In the fiscal year that ended in January 2021, it generated USD 384. 37 million in revenue. The company intends to have 46 Soho Houses in operation by the end of 2023, targeting to add three to five properties each year.