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Articles tagged “sonder”

Daily Lodging Report

Sonder Announces Reverse Split, Hopes to Stay on Nasdaq

Sonder Holdings has become the latest SPAC to announce a reverse split to try to maintain a $1 minimum bid price and stay on Nasdaq. SOND announced a 1 for 20 reverse split, taking effect at the opening of trading tomorrow.

News Blog

Sonder’s 1-For-20 Reverse Stock Split to Become Effective Wednesday at Market Close

Sonder announced Tuesday that its 1-for-20 reverse stock split would become legally effective after market close Wednesday, and that its shares would start trading on that basis Thursday morning. The move is geared to get the stock trading at more than $1 per share in compliance with Nasdaq rules. "As of the Effective Time, every…

News Blog

Vacasa Announces Reverse Stock Split

Property manager Vacasa announced its intent to conduct a one-for-20 reverse stock split that's geared to get its share price higher than $1 per share and therefore to be continued to trade on Nasdaq. A vacation rental that Vacasa manages. Source: Vacasa Its shares were trading for $0.48 midday on Friday. The reverse stock split,…

Short-Term Rentals

How Sonder Straddles the Hotel and Short-Term Rental Divide

What is a Sonder-managed property these days? It's a very eclectic mix of apartments, hotels and resorts. It's tough to create an identity that way, but the company is betting that such diversity works.

How Sonder Straddles the Hotel and Short-Term Rental Divide

News Blog

Sonder Sets Shareholder Meeting to Approve Stock Split to Stay on Nasdaq

Sonder shareholders will vote in a special meeting September 15 on whether to give the board approval to carry out a reverse stock split — with the split ratio subject to the board's discretion. Sonder CEO Francis Davidson on stage with Skift Director of Research Seth Borko at the Skift Short-Term Rental Summit on June…

Announcements

How Important Is Google Travel to Google?

From political challenges to internal reassessments, Google Travel is clearly going through a transition.

How Important Is Google Travel to Google?

Short-Term Rentals

Sonder Proposes Reverse Stock Split to Stay Listed on Nasdaq

A reverse stock split would give Sonder some breathing room, and who knows, it may even tempt institutional investors to take a look.

Sonder Proposes Reverse Stock Split to Stay Listed on Nasdaq

Short-Term Rentals

Sonder Unveils New Hotel Collection

Today's edition of Skift's daily podcast looks closer at Sonder’s first sub-brand, Ennismore’s first loyalty program, and India’s outbound volume.

Sonder Unveils New Hotel Collection

Hotels

Sonder Launches Its First Hotel Collection

Is Sonder a short-term rental operator of multi-unit apartments or a hotelier? Well, it's both, and the new collection is geared to help guests discover the difference.

Sonder Launches Its First Hotel Collection

Short-Term Rentals

What the Future Holds for Short-Term Rentals

The short-term rental industry is experiencing a post-pandemic surge. Listen as industry leaders gather to discuss the future and potential challenges ahead.

What the Future Holds for Short-Term Rentals