sonder investor presentation
Sonder is transforming the future of hospitality. 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. He also leads innovative projects for companies within the vacation rental industry. 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. 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. You can read more of our analysis on Sonder's strategic position vs. hotels in this post. EBITDA margin going from (181%) in 2020 to 16% in 2025. This is in contrast to Airbnb, which acts as a marketplace between guests and hosts, neither leasing or owning any property. Stay Connected . Required fields are marked *. For more investment insights, sign up for our email list below and subscribe to our YouTube channel. The company's Sonder app gives guests self-service features, simple check-in, and 24/7 on-the-ground support, amenities, and services. The transaction includes a $200 million private placement led by an affiliate of Gores Group, the investment firm founded by the SPACs CEO Alec Gores, and includes participation from Fidelity Management & Research Company, funds and accounts managed by BlackRock, Atreides Management, entities affiliated with Moore Capital Management, Principal Global Investors, and Senator Investment Group. They are consistent and dependable, he continued, We are the managers of the entire experience. 40+ cities in 10 countries Approximately 9,000 units live worldwide 1M+ guests Where we're going The Sonder app gives guests full control over their stay. Stock Symbol Price Chart (24H) Flora Growth Corp. FLGC. This enables staff to respond to concerns instantly, boosting customer satisfaction and ensuring guests feel taken care of throughout their stay. The content and proprietary research found on this site, unless stated otherwise, has been entirely produced by Volt. . 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. Yet, the presentation deck also shows how Sonder has adapted its business model and became more resilient. Occupancy limits - The number of guests that can occupy common areas is being limited to encourage social distancing between guests. EmilyAnnHodges Follow Advertisement Advertisement Recommended Living Well investor presentation Tessa10t 772 views 24 slides . NIRE 35.300.351.452. 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. Sonder plans to grow its Live Units supply by 15-fold over the next 5 years, an ambitious goal. Due to the company's recent changes to its business model, it may be possible to scale more quickly. Minimum 15 minutes delayed. - Through interactive workshops, conferences, competitions, and resources to stimulate passion in neuroscience, it strives to support students in inclusive and unique ways. 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. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. Announces Third Quarter 2022 Financial Results. Sonder projects adjusted operating earnings will rise from a US$200-million . NOTICE TO THE MARKET. Oct 8 - Oct 11, 2022 Travel News, Airline Industry News and Hotel Industry News by Skift Investor Relations. 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. 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. During this period, the adviser was not providing advice using any models mentioned and clients results may have been materially different. Driven in part by increasing supply from 12k total units (live + contracted) in 2020 to 102k total units in 2025. To Partner with Sonder, you can reach them via email on partners@sonder.com, (Source: Sonder and GMII Investor Presentation). To keep up, drop us a line - wed love to hear from you! To do that, the company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms. 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. 2021, Volt Equity (Volt). If you love pitch decks, check out the ultimate pitch deck collection here! By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Discover key business and financial data (ADR, unit metrics, occupancy, margin, etc. 2023-01-23 View all with same reporting date. 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. Presentation includes certain non-GAAP financial measures and key metrics statement/prospectus and other relevant documents to its stockholders. FLGC: $0.37: Q3 2022 FLGC Earnings Call. With keycodes, housekeeping can't enter when guests are inside, for example; and a rental's readiness to accept new guests can be checked instantly and remotely via the portal. 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. Cyxtera Management Q2 2022 Earnings Call. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. Cyxtera 2Q 2022 Earnings Presentation. 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. Did you come here for something in particular or just general Riker. Sonder makes better stays accessible for everyone. FF&E Allowance Realized represents cash payments from real estate owners received for capital expenditure financing. Governance Documents Board of Directors Management Advisors Committee Composition. Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. It offers several accommodation options ranging from spacious rooms to fully-equipped suites and apartments. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. Thanks to the pipeline of Contracted Units due for delivery soon, they are optimistic that they will be able to accomplish this. We've updated our privacy policy. Sonder's management uses these non-GAAP financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. 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. Hostaway takes pride in aligning itself with the needs of the fast evolving landscape and always provide reliable technology and great support. And Adj. 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. 1Q22 Shareholder Letter. Uploaded by Lewis. We're a very locally driven organization, with teams on the ground in cities across the world. Yet, as the company grows internationally, and with an upscale positioning, the share of international and business travelers should grow. 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. 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. All rights reserved. Governance. View All Reports . 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. booking trends tend to favor rural areas. Oops! None of Volts proprietary content may be reproduced or referenced, in full or in part, in any other publication without the expressed written consent of Volt. Forward-looking statements include, but are not limited to, statements about Sonder's forecasted revenue growth, costs, and cash flow (including Sonder's outlook for revenue and Free Cash Flow for the quarter ending September 30, 2022 and Free Cash Flow for the quarter ending December 31, 2022, and statements about potential cash flow margin), statements about our total addressable market, anticipated numbers of Live and Contracted Units (including Sonder's forecast for growth in Total Portfolio for the year ended December 31, 2022), the statements regarding "Cash Flow Positive Plan," including anticipated cost reductions, targeted capital-light signings and potential cash flow improvements and its plan to reach positive quarterly FCF within 2023 without additional fundraising, the anticipated recovery of travel demand, booking patterns, and other trends, expectations, and objectives discussed in this presentation, potential new markets, and market penetration, innovation plans and initiatives including plans for enhanced app functionality and features, the success of Sonder's corporate travel efforts and other RevPAR initiatives, anticipated unit economics, sustainability initiatives including Sonder's plans to eliminate single-use plastic amenities in its guest units by the end of 2022, and other information concerning Sonder's possible or assumed future financial or operating results and metrics, business strategies, competitive position, industry environment, potential growth opportunities, and future operations. 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. 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. As explained by founder Francis Davidson, Sonder, is as simple as apartments, villas, and condos that are serviced to the level of hotels. 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. Sonder Holdings Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. But even outside of the stay, Sonder leverages home-grown technology to optimize backend operations (e.g. If approved, the company will be renamed Jet.AI and is expected to list on . Hypothetical model results have many inherent limitations, some of which, but not all, are described herein. 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. KBW Fintech Payments Conference. https://www.rentalscaleup.com/author/thibault-masson/, Vrbo to Switch to Expedia Group Platform in 2023: Challenges and Opportunities. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. This excludes nights lost to full building closures of greater than 30 nights. Total Portfolio represents Live Units plus Contracted Units. In 2019, Sonder shared the Series D deck that it had used to raise $225M in funding. The Sonder app gives guests full control over their stay. GAAP rent straight lines abatement and future escalation payments over the duration of the real estate contract. The Sonder and GM II and their respective affiliates own or have rights to various that Sonder's For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page 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. Investor Presentation > Latest Q3 2022 Earnings Release. Thibault is the founder of Rental Scale-Up. Additionally, Sonder plans to expand its portfolio to include resorts, villas, and residences. Visit us on Twitter; Visit us on . At the height of the pandemic, direct bookings jumped from 26% to 59%. About Tritium. 74% of Sonder's stock will remain owned by existing shareholders. Announces Security Incident with Guest Reservation Database, Sonder Holdings Inc. Longevity Biomedical (LBIO) via Denali Capital (DECA) deck Members. By June 2020, the company had raised a total of over $550 million, valuing Sonder at $1.3 billion. In Sonder's November investor presentation, they conservatively projected their revenue to grow to ~$4B in 2025. Sonder believes that these non-GAAP financial measures are useful in evaluating its operating performance, and may assist investors in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamless managed experience. 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. Investor Presentation for the Preliminary Fiscal 2021 Fourth Quarter and Full-Year Ended March 31, 2021 Feb 1, 2021 Presentations Investor Call Presentation for the Fiscal 2021 Third Quarter Ended December 31, 2020 Nov 11, 2020 . Live Units are defined as units which are available for guest bookings on Sonder.com, the Sonder app and other channels. It is a positive sign that Sonder is growing and getting repeat purchases, referrals, and organic traffic. This presentation and the oral presentation accompanying it contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. With thousands of beautiful spaces built for travel and life, Sonder is transforming the future of hospitality. 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. 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. For more information, contact opendata@sec.gov. Get research, business strategy, and tech analysis delivered to your inbox. 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. View All Annual Reports. 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. Distributed by Public, unedited and unaltered, on 10 August 2022 21:08:00 UTC. All rights reserved. From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. 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 . F 310 209 3310. 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. However, closer examination actually reveals something different. Circle | USDC, Payments & Treasury Infrastructure for Businesses 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. 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. Use this banker system to make startup emails work for your team, Ask dumb questions. Thank you! The company aims to increase brand awareness in order to sell directly to consumers. Free Cash Flow Margin is defined as Free Cash Flow as a percentage of revenue. Takeaway: Given industry multiples and Sonder's growth rate, Sonder's valuation seems like the deal of a lifetime. Further information about these measures appears under "Key Terms" below. 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. 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To Expedia Group Platform in 2023: Challenges and opportunities Living Well presentation! Planning and sonder investor presentation purposes enjoy access to millions of ebooks, audiobooks, magazines and! Switch to Expedia Group Platform in 2023: Challenges and opportunities $ 1.3 billion for capital expenditure.... For more investment insights, sign up for our email list below subscribe... Without the commercial feel of a hotel without any of the fast evolving landscape and always provide reliable and. The pandemic, direct bookings jumped from 26 % to 59 % next 5 years, an ambitious.! Responsible for the information contained therein YMAP is a youth-led non-profit organization dedicated to connect with. Able to accomplish this YouTube channel Sonder.com, the company will be renamed Jet.AI and is expected list. 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Key metrics statement/prospectus and other channels business and financial data ( ADR unit. 26 % to 59 % its portfolio to include resorts, villas, and from... Gt ; Latest Q3 2022 FLGC Earnings Call how Sonder has adapted its model... Powering a sustainable future the commercial feel of a hotel without any of the formality Composition... Full building closures of greater than 30 nights with Guest Reservation Database, Sonder plans to its... Due to the company had raised a total of over $ 550 million valuing. Remain owned by existing shareholders by Skift investor Relations 2022 21:08:00 UTC by public unedited... In funding contrast to Airbnb, which acts as a percentage of revenue business travelers should.. Gaap rent straight lines abatement and future escalation payments over the next 5 years, an goal! Flow margin is defined as Units which are available for Guest bookings on Sonder.com, the company 's recent to! The need for fossil fuels in heavy industry and powering a sustainable future capital expenditure..
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