Sonder

News / Online

A visual history of digital travel brands’ revenues since 1995

By Mitra Sorrells | April 9, 2024

Watch a visual progression of the quarterly revenues for publicly-traded digital travel companies dating back to 1995. Read More

News / Online

Sonder faces potential class action and gets “deficiency notification” from Nasdaq

By Mitra Sorrells | April 8, 2024

The Rosen Law Firm announced Sunday it is preparing a class action investigation into allegations Sonder may have “issued materially misleading business information to the investing public.” Read More

News / Online

Sonder sheds 17% of corporate workforce

By Linda Fox | February 21, 2024

The company said it hoped to achieve about $11 million in annualized cost savings as a result of the cuts, which it expects will be completed by the end of the first quarter. Read More

News / Distribution

Earnings roundup: EDreams, Flight Centre and Sonder

By Linda Fox | November 17, 2023

Highlights from the latest financial updates of eDreams Odigeo, Flight Centre and Sonder. Read More

News / Online

Earnings roundup: Amex GBT, Sonder, Vacasa and TUI Group

By Mitra Sorrells | August 11, 2023

As publicly traded travel companies continue to report their earnings for the three months ending in June, we round up the latest reports. Read More

News / Startups

Casai ceases operations, founder shares 4 regrets

By Mitra Sorrells | August 1, 2023

After raising more than $50 million since its launch in 2019, Latin America-based hospitality startup Casai has closed down, prompting co-founder Nico Barawid to share some candid reflections. Read More

News / Online

4 key insights from Phocuswright Europe 2023

By Derek Catron | June 21, 2023

Clearing up a mystery over Airbnb’s marketing spend, balancing interests in the travel experience sector, calling for action on climate — they were all key moments during last week's conference. Read More

News / Online

Sonder CEO expresses optimism as free cash flow improves in Q1

By Mitra Sorrells | May 10, 2023

Sonder's revenue in the first quarter of this year came in at $121 million, up 50% compared to Q1 2022. Read More

News / Online

Sonder at risk of delisting from Nasdaq

By Kathryn Walson | April 26, 2023

The company has 180 calendar days – by Oct. 18 – to get in compliance with the minimum bid price requirement or it could be delisted. Read More

News / Online

WATCH: Visualization of revenue for digital travel brands through 2022

By PhocusWire | March 23, 2023

From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting record financial results. Read More

News / Startups

Travel startups consider cost of SVB collapse

By Linda Fox | March 13, 2023

News of SVB’s demise left the startup world reeling, with the bank said to work with more than 50% of U.S. startups and 40% of U.K. startups. Many feared they would be unable to make March’s payroll. Read More

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News / Online

Sonder focus for 2023 is positive cash flow, corporate growth

By Linda Fox | March 2, 2023

The accommodation platform attributes recent growth in corporate sales to having a presence on the global distribution platforms as well as sales people on the ground. Read More

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News / Online

Earnings roundup: Amex GBT, Sonder, Vacasa

By Mitra Sorrells | November 11, 2022

As publicly traded travel companies continue to report their third quarter 2022 earnings, we round up the latest reports. Read More

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News / Online

Former CWT CEO joins Sonder's board of directors

By Angelique Platas - Business Travel News | September 15, 2022

Former CWT CEO Michelle Frymire has specific expertise in corporate travel, which Sonder in recent months has identified as a “huge opportunity." Read More

News / Online

Sonder recovers revenue, hits record RevPAR in Q2 2022

By Jill Menze | August 10, 2022

Sonder reported revenue of $121 million in Q2 2022, up 157% year-on-year and fueled by RevPAR growth. Read More

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