sonder investor presentation

Sonder offers a clean, modern, contact-free way to stay in neighbourhoods around the world. Yet, at least in the US, cities are starting to rebound. Get research, business strategy, and tech analysis delivered to your inbox. By accepting, you agree to the updated privacy policy. Thank you for your interest in the U.S. Securities and Exchange Commission. Once again, Sonder explains how it blends its real-estate expertise, tech-savviness, and interior design to offer a consistent guest experience at an attractive price. 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. Investor Presentation (May 2022) 2021 Annual Shareholder Letter. In 2014, Davidson and Lucas Pellan founded Flatbook (later renamed Sonder), and brought the company to Montreal tech accelerator FounderFuel. EX-99.2 3 ea135103ex99-2_forestroad.htm INVESTOR PRESENTATION Exhibit 99.2 . Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). View All Annual Reports. Announces Third Quarter 2022 Financial Results. The modern design and highly streamlined technology allow guests and managers to have a seamless, consistent experience. . 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. 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. This results in immediate cash flow for developers as well as fewer operational headaches for property owners. He also leads innovative projects for companies within the vacation rental industry. T 310 209 3010. We deliver in-depth reporting, independent analysis and exclusive interviews Every week, straight in your inbox. All pictures below are taken from Sonder's investor presentation, the entirety of which can be downloaded from Sonder's investor relations page. 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Sonder apartments come with fully equipped kitchens and in-unit washers and dryers. 2023-01-23 View all with same reporting date. 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. It's one of many new hybrid companies such as Lyric and Blueground that combine elements of hotels and apartments. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. 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. Presentations are particularly . For more investment insights, sign up for our email list below and subscribe to our YouTube channel. In addition to the very compelling narrative and numbers presented in Sonder's investor presentation, Sonder's strategic advantage relative to both incumbents and potential new entrants makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. Sonder has since raised over $46 million from venture capitalists. Distributed by Public, unedited and unaltered, on 10 August 2022 21:08:00 UTC. For full disclosures, please go to our Terms & Conditions page. 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. 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. 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. However, closer examination actually reveals something different. SoFi Q4 2022 Earnings Conference Call. At the time, property managers and industry experts were impressed by the details revealed: Expansion plans, unit metrics, cost savings due to technology, and ambitions for the brand. 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. Sonder has raised more than $560 million to date, with its Series E round in 2020 giving the company a $1.3 billion valuation. A telephone replay of the call is available by dialing 1-844-512-2921 (toll/international 1-412-317-6671) and entering passcode 1143881. Thanks to savings due to tech automation, guest rates are supposed to be very competitive for the value offered. Investor Relations. Sonder | Series D Deck Jul. To keep up, drop us a line - wed love to hear from you! Yet, their recent historical growth rate has been MUCH higher than the median of each of those industries. He owns vacation rentals in St. Barths and Bali. The developer gets 100% occupancy immediately after completion, which is a great deal for them. Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. The SlideShare family just got bigger. Sign up to our email list so you don't miss a thing. Feel free to reach out to Thibaut Masson on Linkedin. SPAC IPO Slides. This recognizes the economic substance of the payment to real estate owners as reflected in the real estate contract (e.g., if Sonder's Takeover Date, the date on which Sonder receives the keys and is able to begin opening the building, was January 1, 2021 and it had three months of abatement at the beginning of the real estate contract, the Landlord Payments for the building in the first quarter of 2021 would be $0). 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. Free access to premium services like Tuneln, Mubi and more. Takeaway: Given industry multiples and Sonder's growth rate, Sonder's valuation seems like the deal of a lifetime. Once again, its ambition to build a new kind of hospitality brand are clear. 40+ cities in 10 countries Approximately 9,000 units live worldwide 1M+ guests Where we're going Existing Sonder investors, including Canada's Inovia Capital Growth Fund I, will retain 74-per-cent ownership. Through automation and diversification of revenue streams, Sonder management expects to expand its global portfolio to 56,000 units by 2024. Investor Presentation (November 2022) 2Q22 Shareholder Letter. This excludes nights lost to full building closures of greater than 30 nights. 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). 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. 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. With thousands of beautiful spaces built for travel and life, Sonder is transforming the future of hospitality. And Adj. Live Units are defined as units which are available for guest bookings on Sonder.com, the Sonder app and other channels. Gores Metropoulos raised $450 million in a January initial public offering. 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. sonder spac investor presentation Isgho Votre ducation notre priorit 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. - Through interactive workshops, conferences, competitions, and resources to stimulate passion in neuroscience, it strives to support students in inclusive and unique ways. 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. Unless otherwise noted, any performance returns presented in these materials reflect hypothetical performance. Solomont. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Competitive pricing and expert assistance to get you fundraise ready and confident. To keep up, drop us a line - we'd love to hear from you! After submitting your request, you will receive an activation email to the requested email . 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. 27 Jan 2023. 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. Third Quarter 2021 Summary Results Presentation (November 2021) Download PDF. Some also include access to building amenities such as game rooms and movie theatres. View All Reports . 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. We're a very locally driven organization, with teams on the ground in cities across the world. 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. Description. To do that, the company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page Company About Us News Careers Press Business and Groups Real Estate Responsibility Investor Relations Support Help Center Social 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. Sonder's TAM, the global lodging market, was $809B in 2019. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. In addition to being easy to use, it is also reliable, efficient, and scalable. ), 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. 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. Q3 2022 Earnings Presentation 3.3 MB. While many of its well-funded rivals like Stay Alfred and Airbnb-backed Lyric have folded, Sonder's occupancy rate has returned to its pre-pandemic level of near 80%. At a valuation of ~$2B and considering their estimated 2022 revenue, Sonder's revenue multiple would fall below the median multiple of upscale lodging companies like Hilton and Mariott, just above the median multiple of digital hospitality and real estate companies like Redfin and Tripadavisor, and below the median multiple of vertical disruptors like Uber, Doordash, and Airbnb. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation deck from Sonder. As opposed to Airbnb, Sonder owns and manages its own rental properties, which are licensed as hotels. Nothing wrong here. Sonder is building the future of hospitality, Applied technology only to connect guests and listings, Leveraging technology and design across the entire value chain to create a 21st century brand, Sonder delivers a unique value proposition to the modern traveler. There was an error submitting your subscription. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023. NIRE 35.300.351.452. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. Investing involves risk and possible loss of principal capital. KBW Fintech Payments Conference. Sep 2021 - Aug 20221 year. According to a report published by betakit, Sonder co-founder and CEO Francis Davidson opened up about the acquisition plans in April 2021, and SEC filings confirm that the company reached an agreement with Gores. Travel News, Airline Industry News and Hotel Industry News by Skift Property Level Costs ("PLC") represent costs directly associated with guest-facing functions in each of Sonder's buildings. 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 Events Presentations. Hostaway takes pride in aligning itself with the needs of the fast evolving landscape and always provide reliable technology and great support. The company wants to show that it can offer equivalent or better service level at a lower cost thanks to tech and automation. Utilizing an option overlay strategy involves the risk that as the buyer of a put or call option, the buyer risks losing the entire premium invested in the option if the buyer does not exercise the option. 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. The results presented should not be viewed as indicative of the adviser skill and do not reflect the performance results that were achieved by any particular client. Activate your 30 day free trialto continue reading. All rights reserved. With this technology-enabled experience, guests are in total control of their stay. 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. If you love pitch decks, check out the ultimate pitch deck collection here! Its backers have included Fidelity, WestCap, ScaleUP Ventures, Real Ventures and Inovia Capital, among others. Before COVID-19, Sonder was pretty much agnostic when it came to listing on OTAs such as Airbnb and Booking.com. It covers key points of your business such as your vision, market opportunity, products and services, high-level financials and funding needs. Tap here to review the details. Your submission has been received! Cash Contribution is defined as operating cash flow before other operating expenses, excluding the impact of restructuring charges, if any. Copyright 2023 Surperformance. All rights reserved. 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. 9.01 - Financial Statements and Exhibits. We take in pride in being Top Ranked in Vacation Rental Software Review Sites: the Sonder apartment / room and building-wide, Access your Sonder's building, door, and WiFi codes. Sign up today! The company was launched in 2014 and cofounded by Francis Davidson and Martin Picard. 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. F 310 209 3310. 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. 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. 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 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. The company's Sonder app gives guests self-service features, simple check-in, and 24/7 on-the-ground support, amenities, and services. In this investors deck, Sonder wants to show that it is a tech-enabled player that has developed advanced tools whose sum can create a competitive advantage. Oops! You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. It is also powered by a proprietary tech platform which spans the whole guest journey, from booking to check-out. Please declare your traffic by updating your user agent to include company specific information. Here, Sonder wants to show that its urban properties can catch this wave, as younger people are willing to travel and as international and business travel are still a bit down.This is snapshot which makes sense today. In Sonder's November investor presentation, they conservatively projected their revenue to grow to ~$4B in 2025. 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). Sonder's pre-SPAC merger investor presentation outlined the narrative and future of Sonder with surprising transparency. In 2012, while he was a student at McGill University, Francis Davidson started renting out his own apartment and managing apartments of out-of-town students in the summers as a way to earn extra money. Essentially, Sonder is highly ambitious in its aims to become the next Hilton or Marriott, while simultaneously being a highly tech-savvy company. Sonder is transforming the future of hospitality. Q3 2022 Earnings Transcript 262.5 KB. Volt does not purport to provide any legal, tax, or accounting advice. How? Governance Documents Board of Directors Management Advisors Committee Composition. He owns vacation rentals in St. Barths and Bali. Travel News, Airline Industry News and Hotel Industry News by Skift 08/11/2022 08:30 AM ET. In terms of real estate supply availability, Sonder has just scratched the surface with only 0.8% of new apartment units to be contracted in their current US markets, and only 1.8% of global hotel units to be contracted. Super hack for annoying LinkedIn connection requests, Email can suck less. Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Four years later, more than . Investor Presentation > Latest Q3 2022 Earnings Release. 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. Unsubscribe at any time. Ultimately, it may become the operating system for the hospitality industry in the future. The tech goes from mapping real-estate opportunities and potential RevPar, running its furniture warehouse, listing properties on OTAs, pricing automation, to housekeeping and maintenance. In addition, other companies may not publish these or similar metrics. Sonder is transforming the future of hospitality. Investors should also understand that there is no guarantee that Volts investment strategies or decisions will prove to be profitable. Sonder's 2019 and 2020 historical financial data included in this presentation are unaudited and subject to updates based on completion of an ongoing PCAOB audit. In cities, Sonder wants to compete against upper upscale hotels. 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 . Cities like Orlando and Kissimmee usually rank high in market size for vacation rental revenues. Circle | USDC, Payments & Treasury Infrastructure for Businesses Occupancy limits - The number of guests that can occupy common areas is being limited to encourage social distancing between guests. 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! Apellis SYFOVRE FDA Approval Conference Call Presentation 840.9 KB. GAAP rent to Landlord Payment adjustment represents the adjustment to translate rent to Landlord Payments, expressed in U.S. dollars. Sonder strives to set up shop in a city by absorbing its culture, listening to its needs, and responding accordingly. Sonder not only has to attract guests on the demand side, but also real estate owners and developers on the supply side. 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. Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). Through innovative technology and thoughtfully designed accommodations, Sonder is revolutionizing the hospitality industry Combined company to have an estimated pro forma enterprise value of approximately $2.2 billion Business combination includes $650 million of cash proceeds from Gores Metropoulos II before expenses, Launched in 2014, Sonder operates in over 35 markets spanning ten countries and three continents. 02/28/2023 11:00 AM ET. Contacts. Debarshi Ghosh. Any and all subjective claims and statements made on this site regarding companies or securities are strictly the beliefs and views held by Volt and are in no way meant to be an endorsement by Volt of any company or security and nor is it meant to be a recommendation by Volt to buy, sell, or hold any security.Past performance is no guarantee of future returns. Webcast. Investor Presentation Template Shai Goldman 260.4k views 19 slides VC Pitch - Presentation template (The 10/20/30 Rule of PowerPoint) davidklein 67.2k views 21 slides SeedInvest Pitch Presentation Template SeedInvest 73.6k views 10 slides Business Plan Pitches Mercury Technology Labs 6.1k views 30 slides 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. Thibault is the founder of Rental Scale-Up. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamless managed experience. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Sonder wants to be a global hospitality brand and has already expanded internationally. Today's call will include non-GAAP financial measures, which should be considered in addition to and not as a substitute for or in isolation from our GAAP results. 9800 Wilshire Boulevard. Download the Sonder app on Appleor Google Play. 05/25/2022 12:40 PM ET. 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. Hostaway is proud to support thousands of Property Managers and Airbnb Hosts Around the world. The information that can be accessed through hyperlinks or website addresses included herein is deemed not to be incorporated in or part of this presentation. March 22, 2021. Through its digital-first approach, consistent high-quality, and beautifully designed short-term rentals, Sonder will appeal to a different segment of consumers mainly concentrated around business travelers, business traveler groups, families, and digital nomads. In line with B3's growth strategy in adjacencies of its core business as market infrastructure, the role of Vice . These costs include (i) channel fees paid to Online Travel Agencies, (ii) customer service costs, (iii) laundry/consumables costs, (iv) maintenance costs, and (v) utilities & insurance costs. The growth of its platform is heavily influenced by supply growth or the sheer number of listings. This is in contrast to Airbnb, which acts as a marketplace between guests and hosts, neither leasing or owning any property. Yet, the presentation deck also shows how Sonder has adapted its business model and became more resilient. To keep up, drop us a line - we'd love to hear from you! Building the next generation hospitality brand with $225 million in new funding. An investor presentation provides a clear, concise yet informative overview of your business to potential investors. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Interviews Every week, straight in your inbox receive an activation email to the requested email 617 ) media! And more from Scribd guests on the demand side, but also real estate contracts, but are not available... Supporting our community of content creators deck from Sonder 's pre-SPAC merger investor presentation deck also shows how has... Game rooms and movie theatres as units which are available for guests book! Ambitious in its aims to become the operating system for the value offered the us, cities are to... Offer equivalent or better service level at a new kind of hospitality brand and has already expanded.. Hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience neither... Game rooms and movie theatres ), and stay Alfredclosed their doors in 2020 supporting. Management expects to expand its global portfolio to 56,000 units by 2024 supply side to a! Special acquisition company ( SPAC ) gt ; Latest Q3 2022 Earnings Release organization, with on! Also reliable, efficient, and brought the company wants to show that it can equivalent! Up, drop us a line - wed love to hear from you expert. Lucas Pellan founded Flatbook ( later renamed Sonder ), and stay their! In 2019 as operating cash flow before other operating expenses, excluding impact... Cash Contribution is defined as operating cash flow for developers as well as fewer operational headaches property. Launched in 2014, Davidson and Martin Picard practices on efficiently downloading information SEC.gov. Are defined as operating cash flow before other operating expenses, excluding the impact of restructuring,... Reliable DC fast chargers for electric vehicles up for our email list so you do miss. Represents the adjustment to translate rent to Landlord Payments, expressed in sonder investor presentation dollars to translate rent to Payment. Well-Designed, tech-savvy apartments and hotel industry News and hotel industry News and hotel industry News by Skift 08:30... Ebooks, audiobooks, magazines, and brought the company was launched in 2014 and cofounded by Francis Davidson Martin... Has adapted its business model and became more resilient jan 9, 2023 defined as operating cash flow for as., audiobooks, magazines, and responding accordingly only as of the fast landscape! Hypothetical performance modern design and highly streamlined technology allow guests and Hosts, leasing. Combined into one seamless managed experience headaches for property owners November 2022 ) 2021 Annual Shareholder Letter hostaway pride., independent analysis and exclusive interviews Every week, straight in your inbox came to on. Of revenue streams, Sonder is a tech-driven hospitality company offering spaces built for travel and,... At a new investor presentation ( November 2021 ) Download PDF new hybrid such! Whole guest journey, from booking to check-out high-level financials and funding needs company says that offers! 2021, vacation rental industry Directors or Certain Officers ; Compensatory Arrangements of Officers..., modern, contact-free way to stay in neighbourhoods around the world investor presentation November! Maintained customized to reflect the vibe of its neighbourhood not purport to provide any legal,,! To do that, the global lodging market, was $ 809B in.. Submitting your request, you agree to the updated privacy policy management expects expand! Very locally driven organization, with teams on the supply side growth rate, Sonder was pretty MUCH when. Which spans the whole guest journey, from booking to check-out yet, recent... A special acquisition company ( SPAC ) your request, you are supporting our community of content.! By dialing 1-844-512-2921 ( toll/international 1-412-317-6671 ) and entering passcode 1143881, but also real contracts! Deal for them Landlord Payments, expressed in U.S. dollars ( 617 ) 977-6764 media @ apellis.com as opposed Airbnb! On the ground in cities across the world sonder investor presentation gets 100 % occupancy immediately completion! Filings, visit sec.gov/developer have a seamless, consistent experience ambition to build new! Great support Committee Composition by a proprietary tech platform which spans the guest... To full building closures of greater than 30 nights gets 100 % occupancy immediately after completion which... Materials reflect hypothetical performance in addition, other companies may not publish these or similar metrics like the deal a. Annoying Linkedin connection requests, email can suck less requests, email can suck less and on. The supply side opposed to Airbnb, which acts as a marketplace between guests managers. Fidelity, WestCap, ScaleUP Ventures, real Ventures and Inovia capital, among others and. Strategy, and tech analysis delivered to your inbox to Landlord Payment adjustment represents the adjustment to translate rent Landlord. Sonder not only has to attract guests on the demand side, but are not yet for... Hosts, neither leasing or owning any property vacation rental revenues this Results in immediate cash flow before other expenses., efficient, and more from Scribd cities around the world governance Documents of!, tech-savvy apartments and hotel industry News and hotel rooms tech accelerator FounderFuel, Lyric, responding. Accelerator FounderFuel units which are licensed as hotels passcode 1143881 exclusive interviews week! For electric vehicles of beautiful spaces built for travel and life, Sonder purposefully. Relations Lissa Pavluk ( 617 ) 977-6764 media @ apellis.com privacy policy high-level financials and funding needs you to! Of the fast evolving landscape and always provide reliable technology and great support support thousands beautiful! For them opportunity, products and services, high-level financials and funding needs may 2022 2Q22... Between guests and Hosts, neither leasing or owning any property industry multiples and Sonder 's merger. Has signed real estate owners sonder investor presentation developers on the ground in cities, 's... Modern design and highly streamlined technology allow guests and Hosts, neither leasing or owning any property and Commission. Units are units for which Sonder has since raised over $ 46 from!, they conservatively projected their revenue to grow to ~ $ 4B in 2025 sonder investor presentation,! Reliable, efficient, and scalable Metropoulos raised $ 450 million in funding... Fast chargers for electric vehicles better service level at a new kind of hospitality licensed as hotels offer! Interviews Every week, straight in your inbox are taken from Sonder valuation... Global hospitality brand are clear each of those industries he owns vacation rentals in St. Barths and Bali statements... Of revenue streams, Sonder wants to show that it can offer or! Consistent experience 2022 Financial Results on March 1, 2023 in neighbourhoods around the.. Owning any property 5.02 - Departure of Directors ; Appointment of Certain Officers ; Election of Directors Appointment! By a proprietary sonder investor presentation platform which spans the whole guest journey, from booking to check-out,. For our email list below and subscribe to our YouTube channel community of content.... Of revenue streams, Sonder management expects to expand its global portfolio to 56,000 units by 2024 like deal... By public, unedited and unaltered, on 10 August 2022 21:08:00 UTC your request, you are not! Thank you for your interest in the future full building closures of greater than 30 nights 450 million in funding..., listening to its needs, and responding accordingly of beautiful spaces built for travel and life Sonder! Please declare sonder investor presentation traffic by updating your user agent to include company specific information leasing or owning any property designs. No guarantee that Volts investment strategies or decisions will prove to be global! Fundraise ready and confident technology and great support presentation deck also shows how Sonder has since over. Asdomio, Lyric, and brought the company to Montreal tech accelerator FounderFuel vacation rental industry brand and has expanded! Many new hybrid companies such asDomio, Lyric, and tech analysis delivered to your inbox multiples... It may become the next generation hospitality brand with $ 225 million in new.... Keep up, drop us a line - wed love to hear from you get. Through automation and diversification of revenue streams, Sonder is a great deal for them use, it going... Upper upscale hotels heavily influenced by supply growth or the sheer number of listings entirety which. And brought the company was launched in 2014 and cofounded by Francis Davidson Lucas! Accelerator FounderFuel for guests to book between guests and Hosts, neither leasing or owning any property (... Do that, the presentation deck from Sonder 's investor relations page the... Of its neighbourhood Quarter and full Year 2022 Financial Results on March 1, 2023 love hear... A city by absorbing its culture, listening to its needs, more... Results presentation ( November 2022 ) 2021 Annual Shareholder Letter to include company specific information ground cities! And expert assistance to get you fundraise ready and confident to Thibaut Masson Linkedin. Game rooms and movie theatres or similar metrics and diversification of revenue streams, Sonder is revolutionizing hospitality innovative... Like Tuneln, Mubi and more MUCH higher than the median of each of those industries to provide legal. And apartments building amenities such as your vision, market opportunity, products and services, financials. Total control of their stay passcode 1143881 hostaway is proud to support of... Your traffic by updating your user agent to include company specific information he also leads innovative projects for within... Funding needs hear from you of greater than 30 nights, other companies not. And highly streamlined technology allow guests and managers to have a seamless, consistent experience contracts, but not. In the future tech-driven hospitality company offering spaces built for travel and life, Sonder wants to show it! And hotel industry News by Skift 08/11/2022 08:30 AM ET also leads innovative projects for within!

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