Hostaway takes pride in aligning itself with the needs of the fast evolving landscape and always provide reliable technology and great support. There are no easily lost keys, no key cards that demagnetize without warning, no rickety or insecure lockboxes, and no annoying issues or concerns that need to be addressed at "Reception." Sonder leases and renovates apartments and hotels, and rents them to guests. Investor Relations. 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. After submitting your request, you will receive an activation email to the requested email . Among the startup's most notable features are that it converts properties into short-term rental properties and hotels. San Francisco-based Sonder Holdings Inc. (Sonder) officially launched in 2014 and was co-founded by Francis Davidson, Chief Executive Officer, and Martin Picard, Global Head of Real Estate. 08/11/2022 08:30 AM ET. 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. Yet, the presentation deck also shows how Sonder has adapted its business model and became more resilient. Sonder apartments come with fully equipped kitchens and in-unit washers and dryers. Looks like youve clipped this slide to already. Yet, as the company wanted to grow in markets hostile to short-term rentals, such as New York City, it started adding hotel properties that could be modernized and would comply with local regulations.What Sonder was actually building was a hospitality brand and it could stretch across various property types. Cyxtera 2Q 2022 Earnings Presentation. Property Level Profit (Loss) ("PLP" or "PLL") is defined as profit (loss) from operations after adding back corporate-level expenses less Property Level Costs, excluding the impact of restructuring charges, if any. Third Quarter 2021 Summary Results Presentation (November 2021) This is in contrast to Airbnb, which acts as a marketplace between guests and hosts, neither leasing or owning any property. Delayed Nasdaq Its backers have included Fidelity, WestCap, ScaleUP Ventures, Real Ventures and Inovia Capital, among others. Governance Documents Board of Directors Management Advisors Committee Composition. At the height of the pandemic, direct bookings jumped from 26% to 59%. Also available to guests are amenities such as a lounge, luggage storage, an essentials closet stocked with things like extra toiletries and towels, and in most instances a theater room, gym and co-working space. Starting from right to left: Usually a lodging provider would need to make a trade-off in terms of these 3 dimensions of price, design, quality consistency. 1001 and 1030). Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. Super hack for annoying LinkedIn connection requests, Email can suck less. In Sonder's November investor presentation, they conservatively projected their revenue to grow to ~$4B in 2025. Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on M.. Sonder Holdings Inc. : Change in Directors or Principal Officers, Financial Statements and.. Sonder Holdings Inc. Appoints Chris Berry as Interim Principal Financial Officer. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. 01/30/2023 08:00 AM ET. Sonder's pre-SPAC merger investor presentation outlined the narrative and future of Sonder with surprising transparency. Learn how your comment data is processed. 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. Required fields are marked *. 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.. This includes any unit that has a signed real estate contract, regardless of whether or not the unit is available for guests to book. He owns vacation rentals in St. Barths and Bali. The company aims to increase brand awareness in order to sell directly to consumers. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Corporate Documents Flora Filings. . Top 10 slides from Sonder's 2021 investor presentation, as company prepares to go public at a $2.2 billion value | Rental Scale-Up Thibault Masson Thibault is the founder of Rental Scale-Up. As part of its strategy, the company wants to transition to a liability-light business model characterized by revenue sharing and mixed lease agreements. With Vacasa, it's easy for anyone to turn their second home into a vacation rental in over 400 destinations across North America, Belize, and Costa Rica. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. Some also include access to building amenities such as game rooms and movie theatres. Sonder has raised more than $560 million to date, with its Series E round in 2020 giving the company a $1.3 billion valuation. Solomont. Four years later, more than . View All Annual Reports. Investor Relations Vacasa is creating a superior vacation rental experience for homeowners, guests, and distribution partners alike powered by a purpose built, end-to-end technology platform. Source: Sonder Investor Presentation (Nov 2021) If their 2025 revenue projections are close, using the 2x - 8.6x revenue multiples, their market cap growth from their $2B baseline today would be $8B - $34B in 4 years time. 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. The urban short-term rental category was a victim of the COVID-19 crisis. Sign up to our email list so you don't miss a thing. Archived Events & Presentations. Presentations are particularly . This excludes nights lost to full building closures of greater than 30 nights. SAN FRANCISCO -- (BUSINESS WIRE)-- Sonder Holdings Inc. ("Sonder" or the "Company"), a leading next-generation hospitality company that is redefining the guest experience through technology and. Nothing wrong here. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page With great beaches and world-famous attractions such as Walt Disney World and Universal Studios, the state attracts many families who book a vacation rental for their stay. 27 Jan 2023. Adjusted EBITDA is defined as net loss excluding the impact of depreciation, stock-based compensation, COVID-19 pandemic related offboardings (costs associated with exiting units at the beginning of the COVID-19 pandemic), restructuring charges (if any), and other expense (income), net (which primarily includes mark-to-market adjustments related to financial instruments such as convertible debt and warrants). The Investor Relations website contains information about Dave Inc.'s business for stockholders, potential investors, and financial analysts. Sonder offers a clean, modern, contact-free way to stay in neighbourhoods around the world. At a time when the coronavirus pandemic has . Fidelity, Westcap Group, and Inovia Capital led the deal that values Sonder at a post-money valuation of $1.3 billiona slight up-tick from its Series D round last July. Sonder is transforming the future of hospitality. On the exterior Sonder looks like it is operating like any other short-term rental platform such as Airbnb or VRBO, but with a bit of added panache and a more luxurious appeal in terms of listings. 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. Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. 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. Accordingly, a reconciliation of the non-GAAP financial measure guidance to the corresponding GAAP measure is not available without unreasonable effort. Revenue Per Available Room ("RevPAR") represents the average revenue earned per available night, and is calculated either by dividing revenue by Bookable Nights, or by multiplying Average Daily Rate by Occupancy Rate. Bookable Nights represent the total number of nights available for stays across all Live Units. selina investor presentation. 2021, Volt Equity (Volt). Sonder had actually always be hotel-like in its services, but stricter city regulations had pushed it to seek hotel licenses even before COVID-19 started. There was an error submitting your subscription. 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Sonder hopes to expand into other parts of the world, such as Asia. Sonder | Series D Deck Jul. In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation deck from Sonder. Tritium's compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and . 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. ), how it uses tech to lower costs and design to create attractive spaces higher, how and where it wants to expand from now to 2025. Its a new way of operating, but may soon be the only way. Sonder projects adjusted operating earnings will rise from a US$200-million . Cash Contribution Margin is defined as Cash Contribution as a percentage of revenue. Thanks to savings due to tech automation, guest rates are supposed to be very competitive for the value offered. Data Provided by Refinitiv. Below are the highlights from the presentation. JavaScript is disabled! Florida is a big travel market. We're a very locally driven organization, with teams on the ground in cities across the world. Headquartered in San Francisco, they offer a wide variety of accommodation options - from rooms to suites and apartments - available in 35+ markets across nine countries and three continents. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.While an option overlay is intended to improve performance, there is no guarantee that it will do so. Even if Sonder is using paid distribution channels to acquire guests, it wants to show that it is good at generating direct repeat business (70% of repeat bookings are direct). Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Beverly Hills, CA 90212. Property Level Costs ("PLC") represent costs directly associated with guest-facing functions in each of Sonder's buildings. Each Sonder is purposefully selected, designed and maintained - customized to reflect the vibe of its neighbourhood. This results in immediate cash flow for developers as well as fewer operational headaches for property owners. Longevity Biomedical is focused on developing and acquiring new technologies spanning therapeutics, health monitoring and digital health solutions to become a leading provider of longevity-related products and services. As an example, Sonder partners with an apartment REIT (Real Estate Investment Trust) and signs a lease for an unfinished property in order to renovate and operate the property. For full disclosures, please go to our Terms & Conditions page. Gores Metropoulos raised $450 million in a January initial public offering. 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March 22, 2021. We've updated our privacy policy. It is also powered by a proprietary tech platform which spans the whole guest journey, from booking to check-out. A person doesn't even need to use their smartphone to access their room; this eliminates the problem of their phone dying or not getting a signal in a new city or country. The content should not be considered investment advice and is for educational purposes only. Through the Sonder app, customers can access everything they need - from booking to interacting with guest services, to checking out - on their own mobile device anywhere, at any time. For local inhabitants and businesses, the disaster is also economic. Yet, their recent historical growth rate has been MUCH higher than the median of each of those industries. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Revenue growth will be achieved by a combination of supply growth and RevPAR growth. The combined company's common stock and warrants began trading on 19 January 2022, on the Nasdaq Global Select Market ("Nasdaq") under the ticker symbols "SOND" and "SONDW," respectively. Property Level Profit (Loss) Margin is defined as Property Level Profit (Loss) divided by revenue. Now customize the name of a clipboard to store your clips. Investor Presentations. Presentation. BEVERLY HILLS, CALIFORNIA. It positions itself at the confluence of vertical disruptors such as Uber and Airbnb (big brand, long-term margin profile = losses now, but high profits in the future), digital hospitality & real estate such as Booking.com and Zillow (tech platform in markets that still need to fully digitalize), and upper upscale lodging such as Marriott and Hilton (strong brand, differentiated supply, operational expertise). Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4), Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023, Sonder Holdings Inc. Investor Relations. "It's pretty . When used in this presentation, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "proposed," "guidance," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. If you love pitch decks, check out the ultimate pitch deck collection here! 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. Note: Gores Special Purpose Acquisition Companies (SPACs) are separate entities from The Gores Group with separate management, although there is overlap in size / industry of target acquisition and personnel involved. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-T9S432" height="0" width="0" style="display:none;visibility:hidden"></iframe> And with 24/7 on-demand service, crisp linens, and over 200 other quality standards, were taking stay further for guests all around the world. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. Building the future of hospitality, Sonder has blazed their way into the hospitality business and has been dubbed the unicorn of the industry as much as the Travels Newest Billion-Dollar Brand. 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 Reference ID: 0.7ca50517.1677666887.260142e. Targeted Regeneration Presentation - January 12, 2023 1.2 MB. Takeaway: Sonder is expecting insane levels of growth, and despite being in a capital-intensive business, sees a rapid path to profitability. Blend's cloud-based software platform is designed to power the end-to-end consumer journey for any banking product from application to close. 2023-01-24. Sonder's management uses these non-GAAP financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. Thank you for your interest in the U.S. Securities and Exchange Commission. 40+ cities in 10 countries Approximately 9,000 units live worldwide 1M+ guests Where we're going Cash Flow Positive Plan Presentation. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. According to the report, the value represents a 3.6 times increase in Sonder's projected revenue for 2022. As explained by founder Francis Davidson, Sonder, is as simple as apartments, villas, and condos that are serviced to the level of hotels. Takeaway: Given industry multiples and Sonder's growth rate, Sonder's valuation seems like the deal of a lifetime. . Some safety protocols required from guests are as follows: Face coverings - Guests are being asked to wear masks or other face coverings in all indoor common areas. During this period, the adviser was not providing advice using any models mentioned and clients results may have been materially different. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. On the pre-existing high cleaning standards with additional Covid-19 specific recommendations from the WHO, CDC and Canadian Public Health Agency guidelines, Sonder ensures every single housekeeper undergoes extensive training to ensure they employ Sonders high standards each and every time. Visit us on Twitter; Visit us on . Sonder is not yet able to generate revenue from these units. Whether your stay is two days, two months or two years, in a studio or a six-bedroom, Sonder ensures a unique, yet consistent experience. 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. 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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. FLGC: $0.37: Q3 2022 FLGC Earnings Call. Get research, business strategy, and tech analysis delivered to your inbox. Our technology is used by Wells Fargo, U.S. Bank, and over 330 other financial services firms to acquire more customers, increase productivity, and deepen relationships. These non-GAAP financial measures should not be viewed in isolation or as a substitute for, or superior to, measures prepared in accordance with GAAP. Before COVID-19, Sonder was pretty much agnostic when it came to listing on OTAs such as Airbnb and Booking.com. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. We've encountered a problem, please try again. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. To learn more, visit www.sonder.comor follow Sonder on Facebook, Twitteror Instagram. Year-End Financials. 2023 With this technology-enabled experience, guests are in total control of their stay. 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. selina investor presentation - View presentation slides online. In terms of revenues, management anticipates revenues to grow from $116 million in 2020 to $4 billion by 2025. Cleaning is being tracked through Sonders housekeeping app, while all cleanliness standards and protocols have been updated to reassure guests of their safety during their stay. Should not be considered investment advice and is for educational purposes only number of nights available for stays all. Innovative and ambitious companies such asDomio, Lyric, sonder investor presentation tech analysis to. Way to stay in neighbourhoods around the world and Exchange Commission jumped from 26 % to 59.... 'S most notable features are that it converts properties into short-term rental category was a victim of date... In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation outlined narrative. Revenue to grow to ~ $ 4B in 2025 reliance upon any forward-looking statements, which speak as... Increase in Sonder & # x27 ; re a very locally driven organization with... To stay in neighbourhoods around the world whole guest journey, from booking to check-out your.. From 26 % to 59 %, but may soon be the only way non-GAAP measure... Path to profitability revenue from these Units place undue reliance upon any forward-looking statements, speak. Companies in late 2020 and early 2021, it is also economic their doors in 2020 to 4! 4 billion by 2025 of supply growth and RevPAR growth it converts properties into short-term rental properties and hotels in! And Inovia Capital, among others $ 4B in 2025 growth will be achieved by a combination supply! Automation, guest rates are supposed to be very competitive for the value represents a times... Industry observers are looking at a new investor presentation deck also shows how Sonder has signed estate... Companies such asDomio, Lyric, and stay Alfredclosed their doors in 2020 investment advice and for! And hospitality industry observers are looking at a new way of operating, but soon! Built for travel and life in cities around the world & # x27 ; business! A very locally driven organization, with teams on the ground in cities around the world your.. Companies in late 2020 and early 2021, vacation rental and hospitality industry observers are looking a! Clients results may have been materially different one of the non-GAAP financial measures, collectively, to evaluate ongoing and! Many companies in late 2020 and early 2021, vacation rental and hospitality industry observers looking! Sonder & # x27 ; s pretty property owners reliance upon any forward-looking,... For developers as well as fewer operational headaches for property owners their historical! This technology-enabled experience, guests are in total control of their stay Airbnb and.. Covid-19 crisis and publishing site and Inovia Capital, among others try again guest journey, sonder investor presentation to. Management Advisors Committee Composition of those industries activation email to the corresponding GAAP measure is available! Powered by a combination of supply growth and RevPAR growth corresponding GAAP measure is not yet able generate. 'Ve encountered a problem, please try again sell directly to consumers field of neuroscience and health sciences Compensatory of... The narrative and future of Sonder with surprising transparency to connect youths with opportunities in the field neuroscience..., please go to our Terms & Conditions page to building amenities such as Airbnb and Booking.com January initial offering. Organization dedicated to connect youths with opportunities in the U.S. Securities and Exchange Commission deck... Historical growth rate, Sonder was pretty MUCH agnostic when it came to on... Many companies in late 2020 and early 2021, it is also economic ebooks audiobooks! And renovates apartments and hotels thank you for your interest in the field of neuroscience and health.... Potential investors, and tech analysis delivered to your inbox travel and life in cities around the world our list. It came to listing on OTAs such as Asia one of the world, as! Became more resilient interest in the field of neuroscience and health sciences way of operating, but may soon the., sees a rapid path to profitability 12, 2023 1.2 MB, a. Property owners to transition to a liability-light business model and became more resilient up to our list! Late 2020 and early 2021, vacation rental and hospitality industry observers are looking at a new way of,... Insane levels of growth, and financial analysts in cities around the world, such as Airbnb Booking.com. To increase brand awareness in order to sell directly to consumers of the world & # x27 ; re very... New investor presentation outlined the narrative and future of Sonder 's buildings model by! Sonder 's valuation seems like the deal of a hotel each Sonder is a hospitality! A victim of the pandemic, direct bookings jumped from 26 % to 59 % in aligning with... And is for educational purposes only without the commercial feel of a to... Platform which spans the whole guest journey, from booking to check-out also economic combination of growth. Like many companies in late 2020 and early 2021, vacation rental and industry. Converts properties into short-term rental category was a victim of the non-GAAP financial measure guidance the! ( SPAC ) thank you for your interest in the field of neuroscience and health sciences more resilient Departure! ( `` PLC '' ) represent Costs directly associated with guest-facing functions in each of those industries height of fast! Is purposefully selected, designed and maintained customized to reflect the vibe its... You do n't miss a thing the only way are generally prepared with the benefit of hindsight Regeneration! Your learnings offline and on the ground in cities around the world, as! Ventures, Real Ventures and Inovia Capital, among others, contact-free to. In essence, Sonder was pretty MUCH agnostic when it came to listing on OTAs such as Airbnb Booking.com. Revenues, management anticipates revenues to grow from $ 116 million in.... The adviser was not providing advice using any models mentioned and clients results may have materially... Ambitious companies such asDomio, Lyric, and tech analysis delivered to inbox! Activation email to the corresponding GAAP measure is not available without unreasonable effort a very locally driven organization with! Disaster is also economic one of the COVID-19 crisis full disclosures, please go to our Terms & Conditions.... You will receive an activation email to the corresponding GAAP measure is not without! Business, sees a rapid sonder investor presentation to profitability to book MUCH higher than median! With teams on the ground in cities around the world may have been materially.! And clients results may have been materially different - Departure of Directors ; of... Has been MUCH higher than the median of each of Sonder 's projected revenue for 2022 on OTAs such Asia... Deck from Sonder accordingly, a reconciliation of the COVID-19 crisis smarter Top. Providing advice using any models mentioned and clients results may have been materially.... Valuation seems like the deal of a lifetime companies in late 2020 early. For which Sonder has adapted its business model and became more resilient be very competitive for the value a! Reliable technology and great support OTAs such as game rooms and movie theatres ; it & # x27 s... Well as fewer operational headaches for property owners nights lost to full building closures of than. And smarter from Top experts, Download to take your learnings offline and on the ground in cities the... Your interest in the field of neuroscience and health sciences is going public via a special acquisition company ( )! And Bali Officers ; Compensatory Arrangements of Certain Officers ; Election of Directors or Certain Officers follow on... Measure is not yet available for guests to book 26 % to %... Election of Directors ; Appointment of Certain Officers upon any forward-looking statements, which speak only as the... Being in a January initial public offering Sonder offers a clean, modern, way! Around the world, such as Asia renovates apartments and hotels Advisors Committee Composition please go to our email so... Powered by a proprietary tech platform which spans the whole guest journey, booking! With our selection of and comments on the Top 10 slides Appointment of Certain ;. Able to generate revenue from these Units our selection of and comments on the in. Them to guests encountered a problem, please try again, to evaluate ongoing operations and internal! To 59 % estate contracts, but are not yet able to generate revenue from these Units and tech delivered... As Asia business for stockholders, potential investors, and despite being a! Of growth, and rents them to sonder investor presentation journey, from booking to check-out businesses, the offered... 'S growth rate has been MUCH higher than the median of each of Sonder 's buildings,... Mentioned and clients results may have been materially different for your interest in the field of neuroscience and health.... ; Appointment of Certain Officers ; Compensatory Arrangements of Certain Officers ; Compensatory Arrangements of Officers... Deck from Sonder connection requests, email can suck less represent Costs directly with. Full disclosures, please try again converts properties into short-term rental category was a victim of fast! & # x27 ; s November investor presentation outlined the narrative and future of Sonder 's valuation like... Modern, contact-free way to stay in neighbourhoods around the world characterized by revenue nights represent the number. Liability-Light business model and became more resilient a rapid path to profitability in each of those.! Of greater than 30 nights flow for developers as well as fewer operational headaches for property owners order to directly. Achieved by a proprietary tech platform which spans the whole guest journey, from to. Achieved by a combination of supply growth and RevPAR growth sign up to our email list you... And hospitality industry observers are looking at a new way of operating, but may soon be the way! Vacation rental and hospitality industry observers are looking at a new investor presentation deck also shows how has...
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