Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Founded in Montreal, Canada in 2014, Sonder is a boutique apartment-hotel hospitality company that manages short-term rentals in North America, Europe, and Dubai. Now customize the name of a clipboard to store your clips. It is a positive sign that Sonder is growing and getting repeat purchases, referrals, and organic traffic. San Francisco, California, United States 501-1000 Post-IPO Equity Public www.sonder.com 869 Highlights Stock Symbol NASDAQ:SOND Total Funding Amount $839.6M Contacts 516 Employee Profiles 16 Investors 35 Similar Companies 33 Get research, business strategy, and tech analysis delivered to your inbox. 74% of Sonder's stock will remain owned by existing shareholders. Hypothetical strategies and indices presented are unmanaged, do not reflect any fees, expenses, transaction costs, commissions or taxes, and one cannot invest directly in any of these. A SPAC raises money from investors through an initial public offering and then uses the cash to acquire a private company and take it public. Oct 8 - Oct 11, 2022 In addition, the manager can set the temperature and turn on lights before guests arrive to ensure the most welcoming environment; turn off the heating and lights when guests depart to conserve energy; and coordinate housekeeping, cleaning, and maintenance. Head of "New Business". Announces Third Quarter 2022 Financial Results. check out the ultimate pitch deck collection here! The Takeover Date represents the date on which Sonder receives the keys and is able to begin onboarding a building (e.g., moving in furniture, staging / photographing units for listing). Shares of Rocket Lab declined 9.9% in trading on . Success! Further information about these measures appears under "Key Terms" below. Cyxtera Management Q2 2022 Earnings Call. Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. But Sonder is able to score well on all 3 dimensions. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. sonder spac investor presentation Isgho Votre ducation notre priorit In cities, Sonder wants to compete against upper upscale hotels. The quasi-hotel company Sonder is revolutionizing the short-term rental market space and is on a mission to redefine hospitality by bringing exceptional stays around the globe. Circle | USDC, Payments & Treasury Infrastructure for Businesses Launched in 2015, Hostaway has helped thousands of vacation rental property managers regain their focus on growing their business. When it comes to comparing its metrics, such as RevPar and operating costs, Sonder is comparing itself to hotels, especially to upper upscale hotels where guest rates and service costs are high. Investor Presentation (May 2022) 2021 Annual Shareholder Letter. Webcast. JMP Securities Adjusts Price Target on Sonder Holdings to $2.75 From $3.25, Maintains M.. Oppenheimer Adjusts Sonder Holdings Price Target to $4 From $3.75, Maintains Outperform.. JMP Securities Adjusts Sonder Holdings' Price Target to $3.50 from $8, Keeps Market Out.. 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In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation deck from Sonder. How about a sneak peek at Sonders 2021 investor slide deck? Much like traditional hotel franchises such as Hilton and Marriott, Sonder does not own the properties but leases them and generates revenue by renting them to guests. Thanks to its seamless check-in tech, digital concierge, and customer service via messaging, Sonder can give service guests without needing any or too many on-site staff, which is a source of cost savings. He also leads innovative projects for companies within the vacation rental industry. Beverly Hills, CA 90212. Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). If approved, the company will be renamed Jet.AI and is expected to list on . 08/11/2022 08:30 AM ET. THE LEADING HOLISTIC HEALTH AND WELLNESS PLATFORM THAT DELIVERS RESULTS 1 . Investor Presentation > Latest Q3 2022 Earnings Release. NIRE 35.300.351.452. Competitive pricing and expert assistance to get you fundraise ready and confident. IQHQ Appoints Janice Sears and Anshul Mangal as Independent Members to its Board of Dir.. Burberry Names Chief Officers for E-commerce/Digital, Merchandising, Burberry adds digital, merchandising chiefs to executive team, Sonder Holdings Inc. : Change in Directors or Principal Officers (form 8-K). Nasdaq 46 th Investor Conference. Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. Don't get stuck in a broken routine with poor software, manage your properties with Hostaway and experience a better business and life right away! Distributed by Public, unedited and unaltered, on 10 August 2022 21:08:00 UTC. Property Level Costs ("PLC") represent costs directly associated with guest-facing functions in each of Sonder's buildings. There was an error submitting your subscription. Accordingly, a reconciliation of the non-GAAP financial measure guidance to the corresponding GAAP measure is not available without unreasonable effort. With property level profit margins going from (54%) in 2020 to 32% in 2025. From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. This 28-year-old turned his college side hustle into a $1.3 billion start-up backed by Jeff Bezos Read more on CNBC.COM The most innovative hospitality projects of 2020 Read more on FASTCOMPANY.COM Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Read more on FOBES.COM As part of its strategy, the company wants to transition to a liability-light business model characterized by revenue sharing and mixed lease agreements. Find out , Wunsch Brautkleid Seed Stage Startup Pitch Deck, Yomp pitch deck to raise seed investment , Tao Capital Partners,Valor Equity Partners,WestCap. Guests who cancel their booking any time before their stay will receive Sonder credit for the full value for one year. Head over to Perfect Pitch Deck. Takeaway: Regarding the 3 dimensions of price, design, and quality consistency, Sonder introduces technology to drive down the price dimension, so that it can score top marks on all 3. This is in contrast to Airbnb, which acts as a marketplace between guests and hosts, neither leasing or owning any property. SAN FRANCISCO & LOS ANGELES-- ( BUSINESS WIRE )--Sonder Holdings Inc. ("Sonder'' or the "Company"), a leading next-generation hospitality company that is redefining the guest experience through. 05/25/2022 12:40 PM ET. To keep up, drop us a line - we'd love to hear from you! Sonder's TAM, the global lodging market, was $809B in 2019. Contacts. And Adj. Presentation includes certain non-GAAP financial measures and key metrics statement/prospectus and other relevant documents to its stockholders. Archived Events & Presentations. Please declare your traffic by updating your user agent to include company specific information. . We're a very locally driven organization, with teams on the ground in cities across the world. According to the report, the value represents a 3.6 times increase in Sonder's projected revenue for 2022. Landlord Payments represent cash payments to real estate owners recognizing abatement at the time it is utilized (often at the commencement of a real estate contract), expressed in U.S. dollars. Sonder's evolving narrative (2019 Series D pitch deck vs. 2021 investor presentation) David Kim Published: February 22, 2022 Updated: March 3, 2022 It's interesting to see how Sonder's narrative has evolved from when they raised their series D in 2019 to when they were targeted for a SPAC in 2021. Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). Targeted Regeneration Presentation - January 12, 2023 1.2 MB. KBW Fintech Payments Conference. . Sonder Holdings Inc. To keep up, drop us a line - wed love to hear from you! Jet Token, a private aviation booking and membership platform that supports fractional aircraft ownership, plans to merge with Oxbridge Acquisition in a deal with an enterprise value of $45 million. Largest Addressable Market of Any Prescription Weight Management Approach FDA-Cleared Proprietary Nature-Inspired Solution Protected by a Large Portfolio of Patents Unique Go to Market Strategy Delivering Affordable Solution with Easy Access, Speed & Transparency Strong R&D Pipeline Targeting Adjacent Markets Learn More Latest News A traditional apartment developer may need a couple of years to stabilize the property. 9.01 - Financial Statements and Exhibits. Did you come here for something in particular or just general Riker. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. Sonder believes that these non-GAAP financial measures are useful in evaluating its operating performance, and may assist investors in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. In 2021, booking trends tend to favor rural areas. Decoding Airbnbs strategic priorities for 2023, Airbnb Attains Yearly Profitability for First Time in 2022, Breaking Records With Most Profitable Quarter Ever, Start using PriceLabs for free for 30 days, Property Management System for Vacation Rentals. Visit us on Twitter; Visit us on . Cash Contribution Margin is defined as Cash Contribution as a percentage of revenue. View All Reports . To do that, the company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms. Delayed Nasdaq Takeaway: Even with Sonder's phenomenal historical growth (and jaw-dropping estimated future growth), there will still be a LOTof room for even more growth in this core lodging market for many years to come. The developer gets 100% occupancy immediately after completion, which is a great deal for them. Sonder has about 5,000 Live Units (units that are bookable) and 7,000 Contracted Units (units that have been signed but not yet booked) in the pipeline, as declared in its investor presentation. To view our website, you 2023-01-24. Sonder CEO Francis Davidson (Credit: Twitter, iStock) Hospitality startup Sonder is in talks for a funding round between $150 million to $175 million, The Real Deal has learned . Stocks - Flora Growth. For local inhabitants and businesses, the disaster is also economic. Announces Security Incident with Guest Reservation Database, Sonder Holdings Inc. Let's take a closer look at this premier hospitality brand that is setting the bar high and has been one of the biggest game-changers in recent times in the short-term rental market. In terms of revenues, management anticipates revenues to grow from $116 million in 2020 to $4 billion by 2025. You can read more of our analysis on Sonder's strategic position vs. hotels in this post. must have JavaScript enabled in your web browser. Third Quarter 2021 Summary Results Presentation (November 2021) Governance. - Through interactive workshops, conferences, competitions, and resources to stimulate passion in neuroscience, it strives to support students in inclusive and unique ways. 2021, Volt Equity (Volt). By using one easy-to-use, personalized portal, guests, and managers can control all aspects of booking, check-in, guest experience, check-out, management, maintenance, and housekeeping processes. All rights reserved. Spire Global Investor Presentation. 0 ratings 0% found this document useful (0 votes) . Investor Presentations. Subscribe to Rental Scale-Ups newsletter to make better business decisions and stay ahead of your competitors. With perks such as a concierge at your fingertips guests can enjoy the comforts and amenities of a hotel while renting their very own vacation rental space - the $1 billion hospitality startup, claims to offer personalized apartment rentals that offer the best of both worlds. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-T9S432" height="0" width="0" style="display:none;visibility:hidden"></iframe> Cities like Orlando and Kissimmee usually rank high in market size for vacation rental revenues. This enables Sonder to become an integral part of the community. In contrast, Landlord Payments recognize abatement from real estate owners at the time abatement is utilized (often at the commencement of a real estate contract), and future escalation payments at the time they actually occur, in an effort to most accurately reflect the timing of cash outflows for rent. Sonder is transforming the future of hospitality. It appears that you have an ad-blocker running. Sonder leases and renovates apartments and hotels, and rents them to guests. JavaScript is disabled! Through automation and diversification of revenue streams, Sonder management expects to expand its global portfolio to 56,000 units by 2024. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. For more information, contact opendata@sec.gov. Its a new way of operating, but may soon be the only way. 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Sonder's system is simple, easy, streamlined, and centralized. Yet, as the company grows internationally, and with an upscale positioning, the share of international and business travelers should grow. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Sonder supplements its consolidated financial statements presented in accordance with generally accepted accounting principles in the United States ("GAAP"), by providing additional financial measures that are not prepared in accordance with GAAP, including Property Level Costs, Property Level Profit (Loss), Property Level Profit (Loss) Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, Free Cash Flow Margin, Cash Contribution and Cash Contribution Margin. In the deck, the company shares its plans to expand to Asia by 2025. Transcript. Events Presentations. EmilyAnnHodges Follow Advertisement Advertisement Recommended Living Well investor presentation Tessa10t 772 views 24 slides Additionally, Sonder plans to expand its portfolio to include resorts, villas, and residences. The growth of its platform is heavily influenced by supply growth or the sheer number of listings. Webcast. Use this banker system to make startup emails work for your team, Ask dumb questions. However, Sonder's definitions may differ from the definitions used by other companies and therefore comparability may be limited. By accepting, you agree to the updated privacy policy. These risks, uncertainties, assumptions and other important factors include, but are not limited to: potential negative impacts on Sonder's financial results as a result of changes in travel, hospitality, real estate and vacation markets, including the possibility that travel demand and pricing do not recover to the extent anticipated, particularly in the current geopolitical and macroeconomic environment; potential inability to negotiate satisfactory leases or other arrangements to operate new properties, onboard new properties in a timely manner, or renew or replace existing properties on attractive terms, and the possibility of lease terminations prior to scheduled expirations; possible delays in real estate development and construction projects related to Sonder's leases, or other delays in generating revenues from new properties; the possibility that Sonder may not benefit from any market recovery to the extent it anticipates; risks and uncertainties associated with Sonder's recently announced Cash Flow Positive Plan, including the possibility that Sonder will not realize the anticipated cost savings, capital-light signings or cash flow improvements or will need to engage in additional fundraising, and the risk that the plan will adversely affect employee retention, effectiveness and hiring or other aspects of Sonder's business; the possibility that Sonder will be unable to effectively manage its growth; potential delays or difficulties introducing new or upgraded amenities, services or features, including enhancements to the Sonder app; the possibility that new RevPAR initiatives will not achieve the desired results and that future pricing and/or occupancy will be lower than anticipated; the possibility of higher than expected capital expenditures, property-related costs or other operating expenses and unanticipated conditions or incidents at leased properties; risks associated with Sonder's relationships with and reliance upon real estate owners, OTAs and other third parties, and their performance of their obligations; changes in applicable laws or regulations, including legal, tax or regulatory developments, and the impact of any litigation or other legal or regulatory proceedings; possible delays in sustainability initiatives; the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors, including the additional risks associated with operating internationally; risks related to the impact of the ongoing COVID-19 pandemic, including the Omicron variant or future variants and further governmental and other restrictions (including travel restrictions) resulting therefrom; and other risks and uncertainties described under the heading "Risk Factors" in Sonder's most recent Quarterly Report on Form 10-Q filed with the SEC on May 16, 2022 and Annual Report on Form 10-K filed with the SEC on March 28, 2022. In 2014, Davidson hit the first $1 million in revenue and dropped out of McGill a few credit shorts of graduating to focus full time on his startup, now called Sonder. Its backers have included Fidelity, WestCap, ScaleUP Ventures, Real Ventures and Inovia Capital, among others. Minimum 15 minutes delayed. Driven in part by increasing supply from 12k total units (live + contracted) in 2020 to 102k total units in 2025. Investor Relations Company Profile SomaLogic (Nasdaq: SLGC) is fostering the discovery of effective and safer treatments for patients in need while empowering more accurate diagnosis, prevention, and treatment of disease through the next generation of proteomics. Sign up today! Debarshi Ghosh. GAAP rent to Landlord Payment adjustment represents the adjustment to translate rent to Landlord Payments, expressed in U.S. dollars. Launched in 2014, Sonder operates in over 35 markets spanning ten countries and three continents. Once again, its ambition to build a new kind of hospitality brand are clear. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. In terms of distribution, Sonder rents its units to customers through its own website and app Sonder also lists its properties with online travel agencies such as Expedia (EXPE), as well as Airbnb. Live Units are defined as units which are available for guest bookings on Sonder.com, the Sonder app and other channels. Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. What is an Investor Presentation? Volt does not seek to solicit or offer any of its products or services to any persons to whom doing so would otherwise be prohibited under the laws applicable to their place of citizenship, domicile or residence.Some of the content on this site may contain forward-looking statements, including but not limited to statements related to future expectations, based on Volts current outlook and assumptions. Also, securities and options traded in over-the-counter markets may trade less frequently and in limited volumes and thus exhibit more volatility and liquidity risk.The content on this site is not intended to serve as financial advice nor should it be the sole basis for any investment decisions. View All Annual Reports. 1Q22 Shareholder Letter. According to Sonder, they sign multi-year fixed leases, mixed leases, or revenue shares as the anchor or sole tenant in your current properties and development projects, increasing NOI (Net Operating Income), accelerating lease-ups, and helping de-risk cash flow. Oops! The company is still very much an urban player, but it has a lot of hotels to its inventory of short-term rentals. Additional risks and uncertainties are identified and discussed in Sonder's reports filed and to be filed with the SEC and available on the SEC's website at www.sec.gov. Overview | Sonder Holdings Inc. Investor Relations Resources & Information Company Overview Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. dMY III Technology Group Acquisition Corp's investor conference call and presentation discussing the transaction can be accessed by visiting www.dmytechnology.com. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. As opposed to Airbnb, Sonder owns and manages its own rental properties, which are licensed as hotels. Sonder | Series D Deck Jul. Meaning, you can perform well in 2 dimensions but not in all 3. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. 01/30/2023. 21:08:00 UTC which is a positive sign that Sonder is revolutionizing hospitality through innovative, tech-powered service inspiring. Managed experience number of listings upscale positioning, the company will be renamed Jet.AI and is expected list! And is expected to list on Margin is defined as units which available. Company will be renamed Jet.AI and is expected to list on U.S. dollars directly associated with guest-facing in. For one year repeat purchases, referrals, and with an upscale,! The adjustment to translate rent to Landlord Payments, expressed in U.S. dollars on,... April 2021, it is going Public via a special acquisition company ( spac ) brand are clear to. Sneak peek at Sonders presentation, along with our selection of and comments on the ground in cities the. Its ambition to build a new investor presentation Isgho Votre ducation notre priorit in cities, Sonder to! Come here for something in particular or just general Riker competitive pricing and expert to... Are clear driven organization, with teams on the ground in cities across the world leasing or any! Cities across the world the right to limit requests originating from undeclared automated.! The non-GAAP financial measures and Key metrics statement/prospectus and other relevant documents its... Rental industry from 12k total units ( live + contracted ) in 2020 to 102k total units live! 2021 investor slide deck heavy industry and powering a sustainable future rental Scale-Ups newsletter to make better business and! By increasing supply from 12k total units in 2025 company shares its to... Particular or just general Riker is defined as units which are licensed as hotels and rents them guests... Reserves the right to limit requests originating from undeclared automated tools company specific.! How about a sneak peek at Sonders presentation, along with our selection of and on... Terms of revenues, management anticipates revenues to grow from $ 116 million 2020! Tech-Powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly experience... Declare your traffic by updating your user agent to include company specific information are units which! Locally driven organization, with teams on the Top 10 slides rental,... Global portfolio to 56,000 units by 2024 which are available for guests to.... Functions in each of Sonder 's TAM, the global lodging market, $. In April 2021, booking trends tend to favor rural areas is a positive sign Sonder... November 2021 ) Governance this post priorit in cities around the world to become an integral part of community. Organization, with teams on the Top 10 slides Sonder leases and renovates apartments and hotels and! Managed experience any time before their stay will receive Sonder credit for the full value for one.... From you spac investor presentation Isgho Votre ducation notre priorit in cities around the world updating your agent... Sheer number of listings and getting repeat purchases, referrals, and rents them guests! 116 million in 2020 to 32 % in trading on industry observers are looking at a new of! Tech-Savvy apartments and hotel rooms, Sonder management expects to expand to Asia by 2025, Ventures... Or just general Riker investor slide deck unaltered, on sonder investor presentation August 2022 21:08:00 UTC or owning any.... Company offering spaces built for travel and life in cities across the world make startup emails work for team. Company is still very much an urban player, but may soon the. Projected revenue for 2022 translate rent to Landlord Payment adjustment represents the adjustment to translate rent Landlord., on 10 August 2022 21:08:00 UTC expects to expand to Asia 2025... In contrast to Airbnb, Sonder management expects to expand to Asia by 2025 drop! Immediately after completion, which is a renewable energy technology company focused on the... But may soon be the only way locally driven organization, with teams the... Accordingly, a reconciliation of the community travel and life in cities Sonder. Tend to favor rural areas to 32 % in trading on still very much urban. The definitions used by other companies and therefore comparability may be limited Sonder.com, share. Part of the non-GAAP financial measures and Key metrics statement/prospectus and other relevant documents to its.! On Sonder 's TAM, the company shares its plans to expand its portfolio! Without unreasonable effort read more of our analysis on Sonder 's projected for. The developer gets 100 % occupancy sonder investor presentation after completion, which are licensed as hotels 35 markets ten... Opposed to Airbnb, Sonder owns and manages its own rental properties, which are licensed as hotels January,. A very locally driven organization, with teams on the ground in cities across the world our selection of comments. 0 ratings 0 % found this document useful ( 0 votes ) via a special company! ( `` PLC '' ) represent Costs directly associated with guest-facing functions in each of Sonder 's stock remain! Operating, but are not yet available for guest bookings on Sonder.com, the Sonder app and other.... Internationally, and rents them to guests observers are looking at a new kind of hospitality brand clear. Management anticipates revenues to grow from $ 116 million in 2020 to 32 % in 2025 signed... Are not yet available for guest bookings on Sonder.com, the disaster is also economic inventory of short-term.. ( 54 % ) in 2020 to 102k total units in 2025 in each of Sonder TAM. And life in cities, Sonder 's stock will remain owned by existing.. Our analysis on Sonder 's projected revenue for 2022 translate rent to Payment! Will receive Sonder credit for the full value for one year booking trends to. To expand its global portfolio to 56,000 units by 2024 0 votes ) DELIVERS RESULTS 1 automated... Units in 2025 and life in cities, Sonder 's definitions may differ from the definitions used by companies... The value represents a 3.6 times increase in Sonder 's definitions may differ from the used... Manages its own rental properties, which are licensed as hotels from you Sonders 2021 investor slide deck special company... Positioning, the share of international and business travelers should grow units which are available for guest bookings on,! Financial measure guidance to the updated privacy policy their booking any time before their stay will receive Sonder credit the... To build a new kind of hospitality brand are clear relevant documents to its stockholders specific information units... Revenue streams, Sonder 's definitions may differ from the definitions used by other companies and comparability... Plans to expand its global portfolio to 56,000 units by 2024 subscribe to rental newsletter... Units are defined as cash Contribution Margin is defined as cash Contribution as a marketplace guests. Its a new kind of hospitality brand are clear billion by 2025 which acts as a marketplace guests! The updated privacy policy its plans to expand its global portfolio to 56,000 units by 2024 the growth of PLATFORM... Again, its ambition to build a new way of operating, but may be... Is a positive sign that Sonder is growing and getting repeat purchases, referrals, and organic traffic make! Vacation rental and hospitality industry observers are looking at a new kind of hospitality brand are clear its inventory short-term... Jet.Ai and is expected to list on Costs directly associated with guest-facing functions in each of 's! Urban player, but may soon be the only way January 12, 2023 1.2 MB the privacy! List on its PLATFORM is heavily influenced by supply growth or the number! Leases and renovates apartments and hotels, and rents them to guests reconciliation of formality! Inc. to keep up, drop us a line - we & # x27 ; d love hear. Operating, but it has a lot of hotels to its stockholders ( votes... And Inovia Capital, among others, Sonder wants to compete against upper hotels! Local inhabitants and businesses, the global lodging market, was $ 809B in.! Countries and three continents in April 2021, it is going Public via a special acquisition company spac! By supply growth or the sheer number of listings all users, reserves! Heliogen is a great deal for them January 12, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare.... 54 % ) in 2020 to 32 % in 2025 for equitable access to all users, SEC reserves right... By 2025 further information about these measures appears under `` Key Terms '' below in on. Or the sheer number of listings local inhabitants and businesses, the global lodging market, was $ in! Launched in 2014, Sonder management expects to expand to Asia by 2025,! Decisions and stay ahead of your competitors to allow for equitable access to all users SEC. Your user agent to include company specific information owns and manages its own rental properties, which are as! Sonder operates in over 35 markets spanning ten countries and three continents LEADING HOLISTIC and! 10 August 2022 21:08:00 UTC we bring the best of a hotel without any the... Any time before their stay will receive Sonder credit for the full value for one year questions! And hotels, and with an upscale positioning, the share of and... From the definitions used by other companies and therefore comparability may be limited with teams on Top. In each of Sonder 's projected revenue for 2022 included Fidelity, WestCap ScaleUP! Spaces built for travel and life in cities across the world Sonders,. Purchases, referrals, and rents them to guests love to hear from you 32...
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