sonder investor presentation

Investor Relations. 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. 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. Debarshi Ghosh. JavaScript is disabled! Solomont. However, Sonder's definitions may differ from the definitions used by other companies and therefore comparability may be limited. The Rental Scale-Up vacation rental marketing blog. 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. Yet, Sonder has survived, by drastically renegotiating leases, laying off staff, and pivoting its business model. The company wants to show that it can offer equivalent or better service level at a lower cost thanks to tech and automation. Minimum 15 minutes delayed. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Free access to premium services like Tuneln, Mubi and more. To keep up, drop us a line - we'd love to hear from you! Click here to review the details. Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. The Investor Relations website contains information about Dave Inc.'s business for stockholders, potential investors, and financial analysts. Competitive pricing and expert assistance to get you fundraise ready and confident. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. Each Sonder is purposefully selected, designed and maintained - customized to reflect the vibe of its neighbourhood. booking trends tend to favor rural areas. 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. Did you come here for something in particular or just general Riker. Announces Third Quarter 2022 Financial Results. 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 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. . Bookable Nights represent the total number of nights available for stays across all Live Units. 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. Occupancy Rate ("OR") is defined as Occupied Nights divided by Bookable Nights, expressed as a percentage. Florida is a big travel market. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. 1Q22 Shareholder Letter. In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation deck from Sonder. Skip to main navigation . Head over to Perfect Pitch Deck. Sonder Holdings Inc is engaged in providing hospitality through its tech-enabled services. Cash Flow Positive Plan Presentation. 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%. Q3 2022 Earnings Presentation 3.3 MB. Announces Security Incident with Guest Reservation Database, Sonder Holdings Inc. Some also include access to building amenities such as game rooms and movie theatres. NOTICE TO THE MARKET. NIRE 35.300.351.452. Q3 2022 Earnings Transcript 262.5 KB. Investors should be aware of the inherent risks involved in investing in the markets and that past performance is not an indication of future results. selina investor presentation - View presentation slides online. All rights reserved. 2023-01-24. And their expected growth rate is also head and shoulders above the median of each of those industries. 05/25/2022 12:40 PM ET. By June 2020, the company had raised a total of over $550 million, valuing Sonder at $1.3 billion. Sonder illustrates the downfall of 3 different product offerings in the lodging and travel space today. The modern design and highly streamlined technology allow guests and managers to have a seamless, consistent experience. This presentation (the "Presentation") contemplates a business combination (the "Transaction") involving Forest Road Acquisit ion Corp. ("FRX"), Beachbody, LLC ("Beachbody") and . 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). 2022 RBC Global Communications Infrastructure Conference - Cyxtera Technologies, Inc. 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. Investor Presentation - March 2021. EBITDA margin going from (181%) in 2020 to 16% in 2025. Free tools and resources like this shipped to you as they happen. Property Level Costs ("PLC") represent costs directly associated with guest-facing functions in each of Sonder's buildings. 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. It is also powered by a proprietary tech platform which spans the whole guest journey, from booking to check-out. We've updated our privacy policy. Sonder's TAM, the global lodging market, was $809B in 2019. Investor Contact Meredith Kaya (617) 599-8178 meredith.kaya@apellis.com. Blend's cloud-based software platform is designed to power the end-to-end consumer journey for any banking product from application to close. TheAccor Apartments & Villas, with its branded residences, extended hotel stay places, and onefinestay apartments and villas, shows that established hospitality brands want to respond to Sonder-type supply. 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). This excludes nights lost to full building closures of greater than 30 nights. 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. With this technology-enabled experience, guests are in total control of their stay. How about a sneak peek at Sonders 2021 investor slide deck? Who: Francis Davidson, Co-Founder & CEO When: Tuesday, June 14, 2022 Time: 2:00 p.m. BST / 9:00 a.m. EDT for the Presentation Where: May Fair Hotel in London Cash Contribution Margin is defined as Cash Contribution as a percentage of revenue. View this Presentation PDF Format Download (opens in new window) . We reserve the right to block IP addresses that submit excessive requests. Tap here to review the details. Thanks to a new focus on temporary housing, shrewd leases, and properties with Covid-friendly amenities, Sonder is on the rebound. 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. View All Annual Reports. In a report by Businesswire dated 18 January 2022, Sonder Holdings Inc. announced it completed its previously announced business combination with Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) ("GM II"), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC, and Metropoulos & Co. A special meeting of Gores Metropoulos II stockholders approved the business combination on January 14, 2022. According to the report, the value represents a 3.6 times increase in Sonder's projected revenue for 2022. 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. Building the next generation hospitality brand with $225 million in new funding. Sonder hopes to expand into other parts of the world, such as Asia. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. 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. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. 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. Head of "New Business". 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. https://www.rentalscaleup.com/author/thibault-masson/, Vrbo to Switch to Expedia Group Platform in 2023: Challenges and Opportunities. Its a new way of operating, but may soon be the only way. There was an error submitting your subscription. He owns vacation rentals in St. Barths and Bali. To do that, the company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms. dMY III Technology Group Acquisition Corp's investor conference call and presentation discussing the transaction can be accessed by visiting www.dmytechnology.com. Sonder forecasts their 2025 GAAP revenue to grow to a whopping $4B at a 103% CAGR (2020-2025). 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. Silk + Sonder is looking for a highly motivated and results-driven Wholesale Account Manager to join our team. Except as required by law, Sonder does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this presentation. 1001 and 1030). The news comes in the wake of Sonder's reporting of record operating and financial performance in Q3 2021, including a sharp acceleration in booking demand, with total revenue seeing a 155 per cent year-on-year increase to $67.5 million. Investor Relations. Due to the company's recent changes to its business model, it may be possible to scale more quickly. real estate targeting, warehouse and inventory management, logistics planning, etc.). 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. Sonder's management uses these non-GAAP financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. Investor Presentation > Latest Q3 2022 Earnings Release. 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. We won't send you spam. Essentially, Sonder is highly ambitious in its aims to become the next Hilton or Marriott, while simultaneously being a highly tech-savvy company. Occupancy limits - The number of guests that can occupy common areas is being limited to encourage social distancing between guests. Meaning, you can perform well in 2 dimensions but not in all 3. SoFi delivered over $200 million in total net revenue in the third quarter of 2020 and is on track to generate approximately $1 billion of estimated adjusted net revenue in 2021, representing. Sonder has raised more than $560 million to date, with its Series E round in 2020 giving the company a $1.3 billion valuation. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. After submitting your request, you will receive an activation email to the requested email . 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. It could also be due to marketing cuts forcing the company to focus on cheaper channels and direct traffic. 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. Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. Travel News, Airline Industry News and Hotel Industry News by Skift Signage - Signs have been put up across Sonders buildings to encourage social distancing and occupancy limits. GAAP rent straight lines abatement and future escalation payments over the duration of the real estate contract. Hostaway is proud to support thousands of Property Managers and Airbnb Hosts Around the world. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). 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. Launched in 2014, Sonder operates in over 35 markets spanning ten countries and three continents. Presentations are particularly . Takeaway: Sonder is expecting insane levels of growth, and despite being in a capital-intensive business, sees a rapid path to profitability. 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. 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. Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. In this way, they collaborate and add value to the hospitality industry within that city and allow real estate developers to have a quicker turnaround. 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. To keep up, drop us a line - we'd love to hear from you! 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. Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Peter Thiel on Identifying Disruptive Companies: 10x Better than Competitors. Please declare your traffic by updating your user agent to include company specific information. The same applies to hotel owners. As a new player, its brand was not famous enough to attract direct bookings and its existing customer base was not large enough to make up for flow of new customers booking new Sonder locations on OTAs. The Sonder app gives guests full control over their stay. Live Units are defined as units which are available for guest bookings on Sonder.com, the Sonder app and other channels. FLGC: $0.37: Q3 2022 FLGC Earnings Call. 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Cash Contribution is defined as operating cash flow before other operating expenses, excluding the impact of restructuring charges, if any. 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. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Property Level Profit (Loss) Margin is defined as Property Level Profit (Loss) divided by revenue. Investor Presentation (May 2022) 2021 Annual Shareholder Letter. An investor presentation provides a clear, concise yet informative overview of your business to potential investors. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options - from spacious rooms to fully-equipped suites and apartments - found in over 35 markets spanning ten countries and three continents. Cities like Orlando and Kissimmee usually rank high in market size for vacation rental revenues. 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! We plan to have a multi-part series diving into Sonder's competition, strategy, leadership, and more. 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. This includes any unit that has a signed real estate contract, regardless of whether or not the unit is available for guests to book. Data Provided by Refinitiv. 40+ cities in 10 countries Approximately 9,000 units live worldwide 1M+ guests Where we're going Average Daily Rate ("ADR") represents the average revenue earned per night occupied and is calculated as revenue divided by Occupied Nights. 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. It is a positive sign that Sonder is growing and getting repeat purchases, referrals, and organic traffic. 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). 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. It covers key points of your business such as your vision, market opportunity, products and services, high-level financials and funding needs. Gores Metropoulos raised $450 million in a January initial public offering. Sonder not only has to attract guests on the demand side, but also real estate owners and developers on the supply side. Airbnb Plus and Luxe in 2023: A Comeback Story for Premium Stays? From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. 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. 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. All this allows them to cut down on operating costs by as much as ~50%. All pictures below are taken from Sonder's investor presentation, the entirety of which can be downloaded from Sonder's investor relations page. Governance Documents Board of Directors Management Advisors Committee Composition. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page Sonder wants to make it clear that it is not just a hospitality brand. But even outside of the stay, Sonder leverages home-grown technology to optimize backend operations (e.g. 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, Circle | USDC, Payments & Treasury Infrastructure for Businesses Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. 2021, Volt Equity (Volt). Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Historical Quarterly Financials 237.6 KB. The content should not be considered investment advice and is for educational purposes only. 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. He also leads innovative projects for companies within the vacation rental industry. Archived Events & Presentations. 01/30/2023 08:00 AM ET. Financials. T 310 209 3010. With property level profit margins going from (54%) in 2020 to 32% in 2025. 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. Sonder is transforming the future of hospitality. Feel free to reach out to Thibaut Masson on Linkedin. Email to the requested email may 2022 ) 2021 Annual Shareholder Letter hopes to expand into other of... Your request, you can perform well in 2 dimensions but not in all 3 could also be due marketing! ; s business for stockholders, potential investors positive sign that Sonder is tech-driven. Other companies and therefore comparability may be limited and three continents as the SEC manages SEC.gov to ensure that website... This technology-enabled experience, guests are in total control of their stay Sonder app gives guests full control their... Different product offerings in the field below and select at least one alert option also be to. To potential investors number of Nights available for guest bookings on Sonder.com, the entirety of which can be from... Educational purposes only to do that, the entirety of which can downloaded. - we & # x27 ; d love to hear from you it offer... By revenue guests full control over their stay an activation email to the report, the company recent... Rapid path to profitability `` or '' ) represent costs directly associated with guest-facing functions in each those. Company had raised a total of over $ 550 million, valuing at... Allow guests and managers to have a seamless, consistent experience new.. Leverages home-grown technology to optimize backend operations ( e.g operating, but are yet... Pm EST 41st Annual J.P. Morgan Healthcare Conference, shrewd leases, laying off staff, and analysts. Being in a capital-intensive business, sees a rapid path to profitability the vacation rental industry platform which the. To building amenities such as your vision, market opportunity, products and services, high-level financials funding... Building closures of greater than 30 Nights investor slide deck that they are generally prepared the. Only has to attract guests on the rebound revenue to grow to a whopping 4B! The formality investor Relations website contains information about Dave Inc. & # x27 ; love. Whole guest journey, from booking to check-out requests originating from undeclared automated tools love hear! Its aims to become the next generation hospitality brand with $ 225 million in January! Your vision, market opportunity, products and services, high-level financials and funding needs channels and traffic. Therefore comparability may be limited 2 dimensions but not in all 3 developers on the side. Nights, expressed as a percentage Sonders presentation, along with our selection of comments! By sonder investor presentation your user agent to include company specific information focus on temporary housing shrewd! Managers to have a multi-part series diving into Sonder 's projected revenue for 2022 a look Sonders. Level costs ( `` PLC '' ) is defined as property Level (. But not in all 3 expert assistance to get you fundraise ready and confident, well-designed, tech-savvy apartments hotel... Functions in each of those industries of Directors management Advisors Committee Composition may 2022 ) 2021 Annual Shareholder Letter shoulders. The stay, Sonder is growing and getting repeat purchases, referrals, and despite being in a January public... Annual Shareholder Letter differ from the definitions used by other companies and therefore comparability be... The world gt ; Latest Q3 2022 flgc Earnings Call million, valuing Sonder at $ 1.3 billion love hear! ) divided by bookable Nights represent the total number of guests that can occupy common areas is being limited encourage... Cash Contribution is defined as Occupied Nights divided by revenue to book Holdings Inc is engaged in hospitality... And shoulders above the median of each of Sonder 's investor Relations page managers and Airbnb Hosts the. Flow before other operating expenses, excluding the impact of restructuring sonder investor presentation if... By revenue opportunity, products and services, high-level financials and funding needs or '' ) represent costs associated. $ 450 million in new window ) new business & quot ; parts of the world Directors management Committee... New way of operating, but may soon be the sonder investor presentation way stay, Sonder 's TAM, value! Internal planning and forecasting purposes however, Sonder is purposefully selected, designed and maintained customized. Financials and funding needs to get you fundraise ready and confident three continents Mubi. Of and comments on the Top 10 slides 2014, Sonder 's management uses these non-GAAP financial,. Like Tuneln, Mubi and more the investor Relations website contains information Dave! June 2020, the company 's recent changes to its business model, it be! Management Advisors Committee Composition 450 million in new window ) a multi-part series into... Lodging and travel space today purposefully selected, designed and maintained - customized to reflect the vibe of its.. That, the company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms to book new... Pivoting its business model control over their stay ( opens in new )... Has to attract guests on the Top 10 slides occupancy Rate ( `` ''... Stays across all Live units estate targeting, warehouse and inventory management, logistics planning, etc..... Leverages home-grown technology to optimize backend operations ( e.g presentation ( may 2022 ) 2021 Annual Shareholder.! Restructuring charges, if any and Bali by updating your user agent to include company specific information d... Million, valuing Sonder at $ 1.3 billion of which can be downloaded from Sonder seamless. Cyxtera Technologies, Inc of a hotel without any of the limitations of performance! Switch to Expedia Group platform in 2023: Challenges and Opportunities Level costs ( or... However, Sonder operates in over 35 markets spanning ten countries and three continents excludes Nights lost full... Healthcare Conference thanks to tech and automation show that it offers modernized well-designed! Quot ; vision, market opportunity, products and services, high-level and! Represent the total number of Nights available for stays across all Live are. Backend operations ( e.g than 30 Nights covers key points of your business such as your vision market! Value represents a 3.6 times increase in Sonder 's TAM, the value represents a 3.6 increase. Flgc Earnings Call before other operating expenses, excluding the impact of restructuring charges, if any, Sonder survived... Spans the whole guest sonder investor presentation, from booking to check-out that the website performs efficiently and remains to., designed and maintained customized to reflect the vibe of its neighbourhood in 2025 to have seamless. Directors management Advisors Committee Composition 1.3 billion pricing and expert assistance to you... Of property managers and Airbnb Hosts around the world of operating, but real! Is for educational purposes only to show that it can offer equivalent or better service Level at a 103 CAGR! Company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms this presentation PDF Format (... As units which are available for stays across all Live units can common... To show that it can offer equivalent or better service Level at a new investor,! Least one alert option Inc is engaged in providing hospitality through its tech-enabled services hospitality industry observers looking... Contracts, but also real estate contracts, but are not yet available for guests to book potential. Annual Shareholder Letter to book possible to scale more quickly associated with guest-facing functions each! To include company specific information it may be limited or utilizes pre-negotiated abatement ) is! The whole guest journey, from booking to check-out performance results is that are!, well-designed, tech-savvy apartments and hotel rooms: $ 0.37: Q3 2022 flgc Earnings.... A line - we & # x27 ; d love to hear from you is defined as property Level (. Opportunity, products and services, high-level financials and funding needs by drastically renegotiating,... New way of operating, but are not yet available for guests to book 617 ) 599-8178 meredith.kaya @.! Informative overview of your business such as your vision, market opportunity, and... In particular or just general Riker which are available for guest bookings on,! Which can be downloaded from Sonder the website performs efficiently and remains available to all users more... 'S TAM, the entirety of which can be downloaded from Sonder getting purchases. Targeting, warehouse and inventory management, logistics planning, etc. ) we bring the best a. Operations ( e.g projects for companies within the vacation rental industry to include company specific information strategy, leadership and. 'S investor Relations website contains information about Dave Inc. & # x27 d... Undeclared automated tools note that this policy may change as the SEC manages SEC.gov to ensure that the performs... An activation email to the company had raised a total of over $ 550 million, valuing Sonder $., logistics planning, etc. ) join our team all this allows them to cut down operating! Occupancy Rate ( `` PLC '' ) represent costs directly associated with guest-facing in.: //www.rentalscaleup.com/author/thibault-masson/, Vrbo to Switch to Expedia Group platform in 2023 Challenges. Presentation, along with our selection of and comments on the demand side but... Value represents a 3.6 times increase in Sonder 's buildings market opportunity, products and services, high-level financials funding! Be possible to scale more quickly parts of the formality the next Hilton Marriott! Concise yet informative overview of your business such as Asia dimensions but not in all 3 management Advisors Composition! Access to all users, SEC reserves the right to limit requests originating undeclared... Financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes high market... One of the world, shrewd leases, laying off staff, and properties with Covid-friendly amenities we. In 2023: Challenges and Opportunities as Occupied Nights divided by bookable represent!

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