Quick-term rental firm Sonder plans so as to add eight properties to its present portfolio of 4 properties in Mexico Metropolis, the corporate introduced. The additions characterize an growth of greater than 600 items in lower than a yr after the corporate first launched operations within the metropolis.
Sonder plans to open the brand new properties over the subsequent two years, with the primary ones anticipated to debut by the top of 2021. They primarily will probably be situated within the Condesa and Roma neighborhoods, in keeping with the corporate.
The corporate in Might introduced plans to go public by merging with particular goal acquisition firm Gores Metropoulous II with a valuation of $2.2 billion. In July, it introduced partnerships with a number of international distribution techniques and journey administration firms in an effort to increase its company journey enterprise.
Sonder reported file quarterly income of $47.3 million for the second quarter of 2021, up 151 p.c yr over yr. Income per obtainable room was $100, a 112 p.c year-over-year enhance and a 30 p.c enhance over Q1 2021. Its occupancy charge was 68 p.c for the quarter, up from 57 p.c in Q2 2020.
Sonder Targets Company Journey with GDS, TMC Offers