NIRE 35.300.351.452. 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. Unless otherwise noted, any performance returns presented in these materials reflect hypothetical performance. Circle | USDC, Payments & Treasury Infrastructure for Businesses Investing involves risk and possible loss of principal capital. Meaning, you can perform well in 2 dimensions but not in all 3. F 310 209 3310. Content is subject to change without notice. Cyxtera Management Q2 2022 Earnings Call. The way Sonder achieves this is through cutting out the fat in the hospitality industry through technology. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. Once again, its ambition to build a new kind of hospitality brand are clear. must have JavaScript enabled in your web browser. In Sonder's November investor presentation, they conservatively projected their revenue to grow to ~$4B in 2025. 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. 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. With great beaches and world-famous attractions such as Walt Disney World and Universal Studios, the state attracts many families who book a vacation rental for their stay. Total Portfolio represents Live Units plus Contracted Units. NOTICE TO THE MARKET. This excludes any units that have been exited (i.e., the lease was terminated or allowed to expire). Extra measures have been taken to implement best practices for cleaning and sterilization across all units, both within the Sonder apartment / room and building-wide. Head over to Perfect Pitch Deck. 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. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. To keep up, drop us a line - we'd love to hear from you! 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. Q3 2022 10-Q. Sonder features contactless service on its guest app, allowing it to carry out more requests with contract-free service. 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. makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. 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. JavaScript is disabled! 2023-01-24. Officially launched in 2014 and headquartered in San Francisco, Sonder is making a world of better stays open to all with a variety of accommodation options from rooms to suites and apartments found in 40+ cities spanning ten countries and three continents. Archived Events & Presentations. Before COVID-19, Sonder was pretty much agnostic when it came to listing on OTAs such as Airbnb and Booking.com. 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. We deliver in-depth reporting, independent analysis and exclusive interviews Every week, straight in your inbox. The Investor Relations website contains information about Dave Inc.'s business for stockholders, potential investors, and financial analysts. Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Landlord Payments represent cash payments to real estate owners recognizing abatement at the time it is utilized (often at the commencement of a real estate contract), expressed in U.S. dollars. 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. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. 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. Tritium's compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and . This presentation (the "Presentation") contemplates a business combination (the "Transaction") involving Forest Road Acquisit ion Corp. ("FRX"), Beachbody, LLC ("Beachbody") and . 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. On the company website, property owners can find out about Sonders promises about returns. When it comes to comparing its metrics, such as RevPar and operating costs, Sonder is comparing itself to hotels, especially to upper upscale hotels where guest rates and service costs are high. Investors should also understand that there is no guarantee that Volts investment strategies or decisions will prove to be profitable. "It's pretty . In line with B3's growth strategy in adjacencies of its core business as market infrastructure, the role of Vice . 3Q22 Shareholder Letter. 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. In addition, other companies may not publish these or similar metrics. To keep up, drop us a line - we'd love to hear from you! You can read the details below. Uploaded by Lewis. 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. 08/11/2022 08:30 AM ET. B3 S.A. - Brasil, Bolsa, Balco (" B3 " or " Company ") announces the arrival of Ana Carla Abro Costa as head of "New Business" at B3 as of April 10, 2023. The content should not be considered investment advice and is for educational purposes only. There was an error submitting your subscription. Note: We do not offer technical support for developing or debugging scripted downloading processes. Airbnb Plus and Luxe in 2023: A Comeback Story for Premium Stays? Oops! Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023. 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, This enables Sonder to become an integral part of the community. Each Sonder is purposefully selected, designed and maintained - customized to reflect the vibe of its neighbourhood. Investor Presentations. BEVERLY HILLS, CALIFORNIA. These margins being driven by post-COVID recovery, better lease agreements, and RevPAR and Property Level Cost initiatives. Sonder offers a clean, modern, contact-free way to stay in neighbourhoods around the world. Something went wrong while submitting the form. Peter Thiel on Identifying Disruptive Companies: 10x Better than Competitors. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. 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 has multiple offices across the globe, with Hub cities in Denver, San Francisco, Montreal and London/Amsterdam. Additionally, Sonder plans to expand its portfolio to include resorts, villas, and residences. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. Cash Flow Positive Plan Presentation. Investor presentations are an important but often overlooked aspect of entrepreneurial efforts to secure financing for their businesses. A 24-hour concierge service can be contacted via the Sonder app. These forward-looking statements are based on Sonder's management's current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. Stocks - Flora Growth. For local inhabitants and businesses, the disaster is also economic. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. However known and unknown risks and uncertainties may cause actual results to materially differ from what is expressed in such statements. 2021, Volt Equity (Volt). 0 ratings 0% found this document useful (0 votes) . 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 . This 28-year-old turned his college side hustle into a $1.3 billion start-up backed by Jeff Bezos Read more on CNBC.COM The most innovative hospitality projects of 2020 Read more on FASTCOMPANY.COM Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Read more on FOBES.COM Delayed Nasdaq The companies estimate that Sonder will obtain $650 million USD in cash proceeds from the deal, which will increase the company's enterprise value to $2.2 billion. SoFi Q4 2022 Earnings Conference Call. Distributed by Public, unedited and unaltered, on 10 August 2022 21:08:00 UTC. Nothing wrong here. Property Level Profit (Loss) Margin is defined as Property Level Profit (Loss) divided by revenue. 2021 FY Filings 2020 FY Filings . The growth of its platform is heavily influenced by supply growth or the sheer number of listings. Revenue growth will be achieved by a combination of supply growth and RevPAR growth. Archived Events & Presentations. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. 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. And improving their Revenue per Available Room (RevPAR) from $74 to $165. What is an Investor Presentation? 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. 1001 and 1030). The combined company's common stock and warrants began trading on 19 January 2022, on the Nasdaq Global Select Market ("Nasdaq") under the ticker symbols "SOND" and "SONDW," respectively. Third Quarter 2021 Summary Results Presentation (November 2021) Your submission has been received! 01/30/2023 08:00 AM ET. Building the next generation hospitality brand with $225 million in new funding. 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. Learn how your comment data is processed. Skip to main navigation . Beverly Hills, CA 90212. For more information, please see the SECs Web Site Privacy and Security Policy. 40+ cities in 10 countries Approximately 9,000 units live worldwide 1M+ guests Where we're going 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. Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. This enables staff to respond to concerns instantly, boosting customer satisfaction and ensuring guests feel taken care of throughout their stay. By using this site, you are agreeing to security monitoring and auditing. Takeaway: Regarding the 3 dimensions of price, design, and quality consistency, Sonder introduces technology to drive down the price dimension, so that it can score top marks on all 3. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. The SlideShare family just got bigger. 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. dMY III Technology Group Acquisition Corp's investor conference call and presentation discussing the transaction can be accessed by visiting www.dmytechnology.com. But even outside of the stay, Sonder leverages home-grown technology to optimize backend operations (e.g. We've updated our privacy policy. Sonder's TAM, the global lodging market, was $809B in 2019. 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. Sonder Holdings Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. Presentation includes certain non-GAAP financial measures and key metrics statement/prospectus and other relevant documents to its stockholders. How about a sneak peek at Sonders 2021 investor slide deck? Some also include access to building amenities such as game rooms and movie theatres. Its a new way of operating, but may soon be the only way. Sonder plans to grow its Live Units supply by 15-fold over the next 5 years, an ambitious goal. Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. All pictures below are taken from Sonder's investor presentation, the entirety of which can be downloaded from Sonder's investor relations page. . 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). The company's AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen . You can read more of our analysis on Sonder's strategic position vs. hotels in this post. 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. The company is still very much an urban player, but it has a lot of hotels to its inventory of short-term rentals. Apellis SYFOVRE FDA Approval Conference Call Presentation 840.9 KB. Sonder illustrates the downfall of 3 different product offerings in the lodging and travel space today. Florida is a big travel market. Investor Presentation (May 2022) 2021 Annual Shareholder Letter. 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. 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. Furthermore, developers are not burdened with ongoing costs associated with tenant turnover and building maintenance. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. Webcast. It's one of many new hybrid companies such as Lyric and Blueground that combine elements of hotels and apartments. GAAP rent straight lines abatement and future escalation payments over the duration of the real estate contract. 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. 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. Hostaway takes pride in aligning itself with the needs of the fast evolving landscape and always provide reliable technology and great support. 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. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. 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). Required fields are marked *. The same applies to hotel owners. Highlights from the presentation are below. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Sign up to our email list so you don't miss a thing. 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. 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. check out the ultimate pitch deck collection here! Yet, their recent historical growth rate has been MUCH higher than the median of each of those industries. Data Provided by Refinitiv. Reference ID: 0.7ca50517.1677666887.260142e. 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! Events Presentations. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page In addition to being easy to use, it is also reliable, efficient, and scalable. 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. To Partner with Sonder, you can reach them via email on partners@sonder.com, (Source: Sonder and GMII Investor Presentation). Q3 2022 Earnings Transcript 262.5 KB. Historical Quarterly Financials 237.6 KB. 27 Jan 2023. SPAC IPO Slides. Free Cash Flow ("FCF") is defined as our cash provided by (used in) operating activities plus any changes to capital expenditures and internally developed software, both of which are included in cash provided by (used in) investing activities, excluding the impact of restructuring charges, if any. 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. 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. We only select apartments that will delight our customers.. 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. KBW Fintech Payments Conference. sonder spac investor presentation religious interview questions and answers sharleen spiteri ashley heath . There are no easily lost keys, no key cards that demagnetize without warning, no rickety or insecure lockboxes, and no annoying issues or concerns that need to be addressed at "Reception." Investor Presentation > Latest Q3 2022 Earnings Release. View All Annual Reports. Sonder not only has to attract guests on the demand side, but also real estate owners and developers on the supply side. Corporate Documents Flora Filings. About Tritium. 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. 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. Investor Presentation - March 2021. The modern design and highly streamlined technology allow guests and managers to have a seamless, consistent experience. The Sonder app gives guests full control over their stay. Essentially, Sonder is highly ambitious in its aims to become the next Hilton or Marriott, while simultaneously being a highly tech-savvy company. FF&E Allowance Realized represents cash payments from real estate owners received for capital expenditure financing. Launched in 2014, Sonder operates in over 35 markets spanning ten countries and three continents. Solomont. 2023 Scribd is the world's largest social reading and publishing site. Super hack for annoying LinkedIn connection requests, Email can suck less. For more investment insights, sign up for our email list below and subscribe to our YouTube channel. 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. All rights reserved. Takeaway: Given industry multiples and Sonder's growth rate, Sonder's valuation seems like the deal of a lifetime. Direct bookings from Sonder's platform grew from 10% at the beginning of 2018 to close to 60% in 2021 - a continuation of this trend will increase profitability even more. This results in immediate cash flow for developers as well as fewer operational headaches for property owners. . It offers several accommodation options ranging from spacious rooms to fully-equipped suites and apartments.
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