Sonder Holdings Inc. announced its financial results for Q2 2025, with a 13% increase in RevPAR, 86% occupancy rate, and $147.1 million in revenue. The company reported a net loss of $44.5 million and 8,300 live units as of June 30, 2025. Bookable nights decreased by 21%.

In a long-term strategic licensing agreement, Sonder partnered with Marriott International, integrating all Sonder properties for booking on Marriott’s digital platforms. Sonder now operates under the “Sonder by Marriott Bonvoy” collection, participating in the Marriott Bonvoy travel platform. Sonder offers premium accommodations in 37 cities across nine countries and three continents.

Adjusted EBITDA for Q2 2025 was $(2.6) million, an 83% increase year-over-year, while Adjusted EBITDAR was $58.6 million, a 1% increase year-over-year. Cash used in operating activities improved by 40% to $19.6 million. Adjusted Free Cash Flow decreased by 29% to $(17.5) million. The company’s total cash, cash equivalents, and restricted cash were $71.0 million as of June 30, 2025.

For the first half of 2025, Sonder reported a 13% increase in RevPAR, 84% occupancy rate, and $265.9 million in revenue. The net loss was $101.0 million, and Adjusted EBITDA was $(59.3) million. Adjusted EBITDAR was $79.8 million, a 5% decrease year-over-year. Cash used in operating activities improved by 67% to $24.0 million. Adjusted Free Cash Flow decreased by 54.2% to $(24.4) million.

Read more at GlobeNewswire: Sonder Holdings Inc. Announces Second Quarter 2025