Sonder (company)

Sonder Holdings Inc.
Company typePublic
Nasdaq: SOND
IndustryHospitality
Founded2014; 10 years ago (2014), in Montreal, Quebec, Canada
FounderFrancis Davidson
Lucas Pellan
Martin Picard
HeadquartersSan Francisco, California
Area served
North America
Europe
Dubai
Key people
Francis Davidson (CEO)
RevenueIncrease US$603 million (2023) [1]
Websitesonder.com

Sonder Holdings Inc. manages short-term rentals, such as apartment hotels, in North America, Europe, and Dubai.[2][3] It was founded in Montreal, Canada in 2014 and since 2016 has been based in San Francisco, California.[4][5]

Sonder manages over 9,000 units in over 40 cities in 10 countries and has served over 1 million guests.[6] It is the largest host on Airbnb.[7] Although it competes with Airbnb,[8] Sonder leases and manages its own rentals.[9] It targets travelers who prefer larger accommodations than a hotel room but want a more predictable experience than renting from an amateur host.[10][11][12][13] [14]Guests use a mobile app to check in and get customer support. The company outsources maintenance and housekeeping services.[15][16] Guests can request this service via its app.[17]

  1. ^ "Sonder Holdings Inc. Delays Fourth Quarter and Full Year 2023 Financial Results Announcement, and Shares Fourth Quarter and Full Year 2023 Preliminary Highlights". Retrieved 2024-03-31.
  2. ^ Morris, Keiko (October 15, 2019). "This Dallas Apartment Building's Sole Tenant Is a New Lodging Company". The Wall Street Journal.
  3. ^ "Sonder Corp". Bloomberg L.P.
  4. ^ Carson, Biz (July 11, 2019). "Sonder Becomes Travel's Newest Billion-Dollar Brand After Raising $225 Million For Its Airbnb-Style Hospitality Business". Forbes.
  5. ^ MAROTTA, STEFANIE (July 11, 2019). "Montreal-founded Sonder raises $225-million in financing, plans to open second headquarters in Canada". The Globe and Mail.
  6. ^ "About Sonder". Sonder.
  7. ^ Sharf, Samantha (September 27, 2019). "Airbnb Arbitrage: How Professional Hosts Are Filling The Unicorn's Call For Quality Rentals". Forbes.
  8. ^ Roof, Katie (April 25, 2019). "Sonder Poised to Become Airbnb's Billion-Dollar Competitor". The Wall Street Journal.
  9. ^ Warren, Katie (December 17, 2019). "I spent a night in a swanky hotel-apartment hybrid rented out by Sonder, the $1 billion startup disrupting the hospitality industry. Here are 6 ways it was different from a typical Airbnb stay". Business Insider.
  10. ^ Putzier, Konrad (December 10, 2019). "In the Airbnb Era, Apartment Landlords Are the New Hoteliers". The Wall Street Journal.
  11. ^ Barber, Megan (September 24, 2020). "The 10 Best Alternatives to Airbnb". Curbed.
  12. ^ Linder, Gina (December 15, 2022). "How Companies Like Sonder & AirBNB are Changing the Way We Travel". Refermate.
  13. ^ SCHLOSSER, KURT (August 27, 2020). "Part apartment, part hotel, Sonder moves into Seattle with its tech-enabled hospitality option". GeekWire.
  14. ^ Fornieles, Zahara (November 21, 2023). "Sonder Court Square en Nueva York: mi experiencia personal". Wendy's Guide – Guía de Nueva York (in Spanish).
  15. ^ FARLEY, AMY (February 19, 2019). "Why Sonder—a boutique hotel chain that operates like Airbnb—is a growing threat to the hospitality industry". Fast Company.
  16. ^ STOREY, NATE (July 15, 2020). "A Hospitality Brand for the Post-Pandemic Future". Surface.
  17. ^ Fornieles, Zahara (November 21, 2023). "Sonder Court Square en Nueva York: mi experiencia personal". Wendy's Guide – Guía de Nueva York (in Spanish).