Sonder Receives $23 Million for Apartment Hotels: Travel Startup Funding This Week

This week, travel startups announced more than $62 million in investments, loans, and grants. >>Sonder, a company that runs branded short-term rentals and licensed hotels, has received $23 million ($30 million Canadian) from Investissement Québec to help fund a $182-million project. A portion of the government loan is a grant that won't need repaying if the project meets a job creation goal. Sonder plans to create an international hub in Montréal, expanding from today's 120 employees to about 700 jobs by 2025. Co-founder Martin Picard is returning to Montréal to lead the office, which will hire for ro