A luxury hotel group just paid McKinsey $200K for a members club strategy. | Paul Stanton
🏨 Luxury hotel group paid $200K to McKinsey for a flawed members club strategy. Key frameworks include:
1. Hotels with Full-Service Clubs (e.g., Aman NYC) focus on exclusivity, premium rates, and ancillary fees.
2. Private Dining Clubs (e.g., Doubles Club) use invite-only dining, annual dues, and F&B margins.
3. Clubs with Hotels (e.g., Soho House) emphasize lifestyle, global fees, and travel perks.
4. Clubs without Hotels (e.g., Chez Margaux) focus on F&B, low infrastructure, and community building.
5. Legacy Clubs like NYAC thrive with generational memberships and non-profit structures.
Mistakes arise from unclear identity and incoherent strategy.
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