Soho House bought for £2bn as Ashton Kutcher joins board

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Private members’ club chain Soho House has been acquired for $2.7bn (£2bn) by a consortium led by MCR Hotels and backed by private equity firm Apollo, with actor-investor Ashton Kutcher joining the board. Founded in London in 1995, Soho House now operates 46 clubs worldwide and other luxury hospitality ventures. Once a hotspot for celebrities including Prince Harry and Meghan Markle, its NYSE-listed shares had declined since 2021 amid concerns over lost exclusivity. Existing shareholders, including founder Nick Jones, retain stakes, the BBC has reported. The consortium plans to expand the brand with new clubs while addressing challenges posed by overexpansion and a changing hospitality market. read more: 👍 Like this video if you’re interested in how luxury hospitality brands adapt in a changing market. 💬 Comment below—Do you think Soho House can maintain its exclusivity while expanding worldwide? 🔗 Share this video to join the conversation on global business and hospitality. 💰 Want to support the channel? You can donate directly by hitting the YouTube Thanks button. Your support helps us bring you more timely updates. 👉 Don’t forget to subscribe for more insights into business, finance, and global trends. Thanks for watching and supporting the channel! Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #SohoHouse #Hospitality #BusinessNews