During this period, the adviser was not providing advice using any models mentioned and clients results may have been materially different. 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. Archived Events & Presentations. Blend's cloud-based software platform is designed to power the end-to-end consumer journey for any banking product from application to close. 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. On the company website, property owners can find out about Sonders promises about returns. 01/30/2023 08:00 AM ET. Sonder's management uses these non-GAAP financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. It boasts more than 300 properties across 35 markets, in North America (mostly US), Europe and the Middle East (2021 openings: Amsterdam, Charleston, Glasgow, Milan, and Paris). Yet, at least in the US, cities are starting to rebound. 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. Takeaway: Sonder is expecting insane levels of growth, and despite being in a capital-intensive business, sees a rapid path to profitability. Free access to premium services like Tuneln, Mubi and more. 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 . Occupancy Rate ("OR") is defined as Occupied Nights divided by Bookable Nights, expressed as a percentage. . dMY III Technology Group Acquisition Corp's investor conference call and presentation discussing the transaction can be accessed by visiting www.dmytechnology.com. Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Unsubscribe at any time. 2023-01-24. 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 owns vacation rentals in St. Barths and Bali. Below are the highlights from the presentation. 74% of Sonder's stock will remain owned by existing shareholders. Thanks to a new focus on temporary housing, shrewd leases, and properties with Covid-friendly amenities, Sonder is on the rebound. sonder spac investor presentation Isgho Votre ducation notre priorit The Sonder app gives guests full control over their stay. 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. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page Instead, guests are sent a secure key code prior to arrival for a completely contactless check-in. Circle | USDC, Payments & Treasury Infrastructure for Businesses In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. Third Quarter 2021 Summary Results Presentation (November 2021) Some also include access to building amenities such as game rooms and movie theatres. 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. 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's TAM, the global lodging market, was $809B in 2019. Skip to main navigation . Sonder valuation as of 10/28/2021 and projections as of Q3 2021. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Sonder's management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Q3 2022 10-Q. Further information about these measures appears under "Key Terms" below. If approved, the company will be renamed Jet.AI and is expected to list on . Tap here to review the details. Cash Contribution is defined as operating cash flow before other operating expenses, excluding the impact of restructuring charges, if any. The urban short-term rental category was a victim of the COVID-19 crisis. 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. It is also powered by a proprietary tech platform which spans the whole guest journey, from booking to check-out. booking trends tend to favor rural areas. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. Uploaded by Lewis. 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. You can read more of our analysis on Sonder's strategic position vs. hotels in this post. 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 live and archived webcast of the Presentation will be accessible from the "News & Events" section of the company's Investor Relations website for on demand viewing at investors.sonder.com. 05/25/2022 12:40 PM ET. KBW Fintech Payments Conference. In Sonder's November investor presentation, they conservatively projected their revenue to grow to ~$4B in 2025. In addition, the manager can set the temperature and turn on lights before guests arrive to ensure the most welcoming environment; turn off the heating and lights when guests depart to conserve energy; and coordinate housekeeping, cleaning, and maintenance. 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. In addition to being easy to use, it is also reliable, efficient, and scalable. Travel News, Airline Industry News and Hotel Industry News by Skift Investing involves risk and possible loss of principal capital. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Launched in 2014, Sonder operates in over 35 markets spanning ten countries and three continents. So you do not need to waste the time on rewritings. Sonder features contactless service on its guest app, allowing it to carry out more requests with contract-free service. 1001 and 1030). Takeaway: Given industry multiples and Sonder's growth rate, Sonder's valuation seems like the deal of a lifetime. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-T9S432" height="0" width="0" style="display:none;visibility:hidden"></iframe> Minimum 15 minutes delayed. 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. With property level profit margins going from (54%) in 2020 to 32% in 2025. Guests who cancel their booking any time before their stay will receive Sonder credit for the full value for one year. Existing Sonder investors, including Canada's Inovia Capital Growth Fund I, will retain 74-per-cent ownership. Rooms on Sonder have to apply and go through intense quality control. 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. It could be that bookings from OTAs like Airbnb and Booking.com were canceled by force majeure and that Sonders direct bookings were not. Discover key business and financial data (ADR, unit metrics, occupancy, margin, etc. A 24-hour concierge service can be contacted via the Sonder app. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. 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. And improving their Revenue per Available Room (RevPAR) from $74 to $165. 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. 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. This is in contrast to Airbnb, which acts as a marketplace between guests and hosts, neither leasing or owning any property. 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. The modern design and highly streamlined technology allow guests and managers to have a seamless, consistent experience. Investor Relations. About Tritium. Investor Presentation > Latest Q3 2022 Earnings Release. The deal is expected to close in the second quarter, pending approval. In 2019, Sonder shared the Series D deck that it had used to raise $225M in funding. JavaScript is disabled! By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Thanks to savings due to tech automation, guest rates are supposed to be very competitive for the value offered. Sonder offers a clean, modern, contact-free way to stay in neighbourhoods around the world. Webcast. According to the report, the value represents a 3.6 times increase in Sonder's projected revenue for 2022. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Content is subject to change without notice. For more information, contact opendata@sec.gov. Gores Metropoulos raised $450 million in a January initial public offering. Q3 2022 Earnings Transcript 262.5 KB. Looks like youve clipped this slide to already. View All Reports . By providing 24/7 guest support, self-check-in, stocked kitchens, crisp linens, and everyday amenities, Sonder ensures a unique, yet consistent experience. Oops! Due to the company's recent changes to its business model, it may be possible to scale more quickly. As part of its strategy, the company wants to transition to a liability-light business model characterized by revenue sharing and mixed lease agreements. 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 . Beverly Hills, CA 90212. 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. 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. Stocks - Flora Growth. 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. 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. All pictures below are taken from Sonder's investor presentation, the entirety of which can be downloaded from Sonder's investor relations page. 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. Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. 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. ), 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. San Francisco-based Sonder Holdings Inc. (Sonder) officially launched in 2014 and was co-founded by Francis Davidson, Chief Executive Officer, and Martin Picard, Global Head of Real Estate. 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. F 310 209 3310. EBITDA margin going from (181%) in 2020 to 16% in 2025. It appears that you have an ad-blocker running. To Partner with Sonder, you can reach them via email on partners@sonder.com, (Source: Sonder and GMII Investor Presentation). EmilyAnnHodges Follow Advertisement Advertisement Recommended Living Well investor presentation Tessa10t 772 views 24 slides Four years later, more than . Investor Presentation (November 2022) 2Q22 Shareholder Letter. 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. Your email address will not be published. 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. Visit us on Twitter; Visit us on . Ultimately, it may become the operating system for the hospitality industry in the future. Archived Events & Presentations. 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. 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. For local inhabitants and businesses, the disaster is also economic. 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). 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July . An investor presentation provides a clear, concise yet informative overview of your business to potential investors. Driven in part by increasing supply from 12k total units (live + contracted) in 2020 to 102k total units in 2025. Additionally, Sonder plans to expand its portfolio to include resorts, villas, and residences. Cities like Orlando and Kissimmee usually rank high in market size for vacation rental revenues. Thanks to the pipeline of Contracted Units due for delivery soon, they are optimistic that they will be able to accomplish this. As opposed to Airbnb, Sonder owns and manages its own rental properties, which are licensed as hotels. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. Now customize the name of a clipboard to store your clips. 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 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. Sonder makes better stays accessible for everyone. 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. Cyxtera 2Q 2022 Earnings Presentation. NIRE 35.300.351.452. 02/28/2023 11:00 AM ET. Leading up to Sonder's SPAC merger with Gores Metropoulos II, Sonder gave an investor presentation in November 2021 laying out the narrative and future of their company with amazing clarity and transparency. 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. Yet, Sonder has survived, by drastically renegotiating leases, laying off staff, and pivoting its business model. Sonder | Series D Deck Jul. 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. Sonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced new appointments to its Board of Directors. FLGC: $0.37: Q3 2022 FLGC Earnings Call. 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