Corphousing Group IPO Presentation Deck
ASSET LIGHT BUSINESS MODEL
$100,000
$80,000
$60,000
$40,000
$20,000
Cost Per Unit Acquired & Managed
CHG
The Guild
Frontdek
Sonder
Source: Preliminary Prospectus dated January 31, 2022.
40x
35x
30x
25x
20x
15x
10x
▪ Lowest Cost/Unit Acquired & Managed vs. Competitors: ▪
■ $16,939 (historical), page 71 of Preliminary Prospectus
See slide 17 for supporting information
5x
Operating Leverage
Over 10-year Lease
Rental Revenue = 22x - 34x Acquisition Cost
Ex: $103 RevPAR* 365 days / year *5 years =
$187,975 / $16,939 = 11.1x
Year 1
Year 5
Low High
Note: Calculated by low/high ($103 or $160) * 365/ days per year] times number of years] divided by $16,939
Massive Upside to Unit Acquisition Costs based upon historical low
& high revenue per available room night
■ $103 (2020) historical low (page 51 of Preliminary Prospectus)
$160 (2018) historical high (page 51 of Preliminary Prospectus)
Year 3
CHG
Year 7
Year 10
11View entire presentation