Upscale Restaurant Groups Should Avoid the IPO
Photo Caption: Interior of Soho House Berlin. The upscale members-only hospitality club has hit pause on a planned initial public offering.
Skift Take
Though fast casual IPOs have had notable success, a Soho House IPO will likely not happen at all. Knowing this, Soho House should abandon its IPO ambitions, and instead reinvest in service and training — not just new clubs.