Sonder Restructuring Presentation Deck
Following the unprecedented COVID-related urban RevPAR decline,
Sonder has achieved strong RevPAR growth, transforming our economics
Quarterly Sonder RevPAR
$47
Given our fixed landlord payments, a small increase in
RevPAR translates to a much larger increase in Cash
Contribution margin'
Q2 '20
$77
Q3 '20
$74
Q4 '20
$77
Q1 '21
$100
Q2 '21
$126
Q3 '21
$142
Q4 '21
$117
Q1 '22
$160
Q2 2022
RevPAR
Guidance
Q2 '22
We're focusing on
several rapid
payback RevPAR
initiatives,
including our higher
occupancy strategy
& growing our new
corporate travel
offering, among
others
Sonder (1) Cash Contribution margin measures operating cash generated at the property level before corporate overhead & pre-opening costs. Calculated as Cash from Operations plus Overhead, divided by revenue. Cash from Operations is 7
taken directly from the GAAP cash flow statement. "Overhead" is equivalent to non-GAAP Other Operating Expenses, which includes Non-GAAP R&D, G&A, S&M, Operations, and Pre-Opening Costs.View entire presentation