Pioneering Venue Generates Almost £10m of Social Value in Its First Year
RealWorth said education and job-quality outcomes drove about £2.9 million of the venue’s total impact.
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5 Articles
UK's first The Social Hub delivers five times the social impact of a traditional hotel, study finds
Glasgow mixed-use ‘hybrid hospitality’ venue generated almost £10 million of social value in first year as operator progresses plans for Edinburgh expansion, based on social return of investment (SROI) research conducted by UK consultancy RealWorth B Corp certified The Social Hub, which operates more than 21 hubs across Europe, distributes 1% of global annual revenue to the TSH Talent Foundation, supporting ‘changemakers of the future’ A PIONEE…
Scotland's first The Social Hub delivers five times the social impact of a traditional hotel, study finds
A pioneering Glasgow venue that mixes hotel, student accommodation, and coworking generated almost £10 million of social value for the city in its first year of operation – delivering more than five times the social impact of a traditional hotel, according to a new independent study. The report, carried out by social value consultancy RealWorth and supported by Glasgow City Innovation District (GCID), found that The Social Hub Glasgow – also hom…
The Social Hub Glasgow Delivers Five Times the Social Impact of a Traditional Hotel, Study Finds
The Social Hub Glasgow generated almost £10m of social value in its first year of operation, according to a new independent study by RealWorth. The report found the mixed-use hybrid hospitality venue delivered 5.5 times more social value per square metre than a conventional Glasgow hotel.
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