Sonder reports Q4 2024 net income of $31M, RevPAR up 19% YoY; full-year revenue $621M

Sonder Holdings Inc.

2025-Q2 EPS reported -$8.44 revenue$265,941,000

Q4 RevPAR $180 (+19% YoY); occupancy 85% (+3pp); Bookable Nights 897K (-18% due to portfolio optimization).
Q4 revenue $161M (-2% YoY); net income $31M vs loss year ago, helped by $92M fair value change on forward contract.
Full-year 2024 revenue $621M (+3%); net loss $224M (improved 24% YoY); adjusted EBITDA -$105M (improved 38%).
Cash, equivalents and restricted cash $72M at Dec 31, 2024; Adjusted Free Cash Flow -$90M for full year.
Completed Marriott integration in Q2 2025; all properties bookable via Marriott channels under 'Sonder by Marriott Bonvoy'.

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