Sonder Holdings Inc. More Than Doubles Footprint in Boston with Addition of 264-key Hotel
02 6월 2023 - 5:15AM
Business Wire
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading
next-generation hospitality company that is redefining the guest
experience through technology and design, today opened The
Arcadian, its sixth live property in Greater Boston. It becomes the
largest hotel in Sonder’s portfolio, and one of its highest
key-count properties alongside Battery Park in New York City and
Business Bay in Dubai.
Sonder is now operating The Arcadian hotel, which has 264 rooms
and occupies a prime location in Brookline. The property is close
to Boston University and Fenway Park stadium, with easy access to
Harvard University, Boston College, and several leading medical
institutions. It is the perfect base for exploring the city and
discovering hidden local spots.
“We’re excited to operate this large hotel in an unbeatable
location, more than doubling our key count in Greater Boston. Our
signature design-forward, tech-enabled experience appeals to the
next generation of travelers, and will help us maximize the
potential of this incredible asset. We bring deep operating
experience with over 40 markets worldwide, and look forward to
welcoming business and leisure guests in the heart of Brookline,”
said Gregg Klein, Regional General Manager at Sonder.
The Arcadian features food and beverage on site, parking, and a
fitness center. It joins Sonder’s five existing properties in
Greater Boston, including the 907 Main hotel in Cambridge and The
Pierce serviced apartments in the Fenway-Kenmore neighborhood.
“Sonder leases, manages and operates hotel and multi-unit
apartment buildings in prime locations. Properties which already
align with Sonder’s brand can be quickly and efficiently integrated
into Sonder’s portfolio. This enables property owners to start
benefiting from Sonder’s operational expertise, brand and
distribution, revenue management technology, and RevPAR initiatives
to maximize NOI. Additionally, Sonder works with property owners on
ground-up new developments, as well as conversions from office to
hospitality use,” said Jenna Jacobson, Regional Director of Real
Estate at Sonder.
Sonder operates in 40+ cities across ten countries and has
approximately 18,200 live and contracted units worldwide as of Q1
2023. The company distinguishes itself in the hospitality industry
through modern design and by infusing technology into its guest
experience. This app-driven experience puts guests in full control
of their stay. They can access everything they need – from booking,
to interacting with guest services, to check-out – via their own
mobile device from anywhere and at any time, using the Sonder
app.
In Q1 2023 Sonder reported 50% year-over-year revenue growth, as
the company continued on its path to achieving sustainable cash
flow positivity. Sonder continued to expand its corporate travel
business, including signing new GDS partnerships and working with
leading travel management companies. The company rolled out
improved pricing algorithms allowing it to better capture demand
throughout the booking window, and continued to implement its
elevated merchandising strategy with a reimagined art direction and
photography leading to a conversion uplift.
To explore Sonder real estate partnership opportunities, please
contact partners@sonder.com
About Sonder Holdings Inc.
Sonder (NASDAQ: SOND) is revolutionizing hospitality through
innovative, tech-enabled service and inspiring, thoughtfully
designed accommodations combined into one seamless experience.
Launched in 2014, Sonder provides a variety of accommodation
options — from spacious rooms to fully-equipped suites and
apartments — found in over 40 markets spanning ten countries and
three continents. The Sonder app gives guests full control over
their stay. Complete with self-service features, simple check-in
and 24/7 on-the-ground support, amenities and services at Sonder
are just a tap away, making a world of better stays open to
all.
To learn more, visit www.sonder.com or follow Sonder on
Facebook, Twitter or Instagram.
Download the Sonder app on Apple or Google Play.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230601005993/en/
Media: press@sonder.com
Investor: ir@sonder.com
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