Sonder Holdings Inc. ( (SOND) ) has released its Q2 earnings. Here is a breakdown of the information Sonder Holdings Inc. presented to its investors.
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Sonder Holdings Inc. (NASDAQ: SOND) is a global brand offering premium, design-forward apartments and boutique hotels tailored for the modern traveler, with properties in 37 cities across nine countries and three continents.
In its second quarter of 2025 financial results, Sonder reported a mixed performance with a notable increase in RevPAR and occupancy rates, but a decline in overall revenue and bookable nights. The company also highlighted a strategic integration with Marriott International, enhancing its booking platforms.
Key financial metrics for the quarter included a 13% year-over-year increase in RevPAR to $184 and an occupancy rate of 86%, up by six percentage points. Despite these gains, revenue fell by 11% to $147.1 million, and bookable nights decreased by 21% due to the company’s Portfolio Optimization Program. The net loss was $44.5 million, a significant decrease from the previous year, while adjusted EBITDA improved by 83% to $(2.6) million.
Sonder’s strategic partnership with Marriott International, completed in the second quarter, allows all its properties to be booked through Marriott’s digital channels, potentially expanding its market reach and customer base.
Looking ahead, Sonder’s management remains focused on optimizing its portfolio and enhancing financial performance through strategic partnerships and operational efficiencies, aiming to achieve financial sustainability and growth.