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Sonder continues to perform strongly – delivering company-record Q2 revenue and robust global expansion as travel rebounds Incremental investment of ~ $330 million and resulting total capital of ~ $530 million provides for a fully funded business plan, in addi...
Acquires management and operations of Hotel Atala, Sonder’s first property in France Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has expanded into F...
Names Frits van Paasschen, current member of the Board and former President & CEO of Starwood Hotels, as Lead Independent Director Janice L. Sears, former Bank of America executive, joins Board as Audit Committee Chair Sonder Holdings Inc. (“Sonder”...
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, will add two additional buildings to its growing portfolio in Dubai, United Arab Emirates. Through an agreement with Al Fat...
Record Q2 2021 Revenue of $47.3M, Up 151% YoY $100 Revenue per Available Room, Up 112% YoY and 30% vs. Q1 2021 Raises Outlook for FY 2021 Total Revenue to $180M - $190M vs. Initial Outlook of $173M Sonder Holdings Inc. ( “ Sonder” or the ...
HotePlanner and Reservations.com agreed to go public though a deal with SPAC Astrea Acquisition Corp. (NASDAQ:ASAX). The transaction is expected to generate more than $120M in cash proceeds and will give the new company a pro forma enterprise value of $567.1M, according to a statement. The co...
Next-generation hospitality company’s thoughtfully designed, tech-enabled accommodations now available for corporate travel booking through Egencia, TripActions and other TMCs Sonder, a leading next-generation hospitality company that is redefining the guest experienc...
Technology played a crucial role in the development of the real estate industry. Airbnb's home-sharing business model and mission to elevate user experience are disrupting the value chain. Airbnb is not a travel or real estate company, it is a hosting platform. Its unique posi...
The travel and hospitality sector is gearing up for the biggest rebound in the history of the sector. Sonder has bolstered its balance sheet through a SPAC merger in an attempt to capitalize on this trend. On the surface, it may look like Sonder is a copycat of Airbnb, but they op...
Q1 2021 Revenue of $31.6M grew 11% compared to Q4 2020 $77 Revenue per Available Room, Outperforming Traditional Hotels by 2.1x Reaffirms Outlook for FY 2021 Revenue Growth of 49% Gores Metropoulos II, Inc. Files Form S-4 in Connection with Previously Announced...
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Sonder’s common stock to commence trading on the Nasdaq under ticker “SOND” on January 19 Approximately $310 million PIPE capital from leading investors including affiliates of Gores Metropoulos II, Fidelity Management & Research LLC, funds and account...
Tech-enabled hospitality provider continues to grow across the United States in second half of 2021 Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through tec...
Growth Follows Sonder’s Recent Launch on the Global Distribution System and Partnerships with Leading Travel Management Companies Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience throu...