Sonder Forecasts Improved 2021 Outlook as Public Debut Awaits

Photo Credit: Sonder CEO Francis Davidson appeared at a Skift short-term rental summit in 2019. Sonder reported its third quarter of 2021 results on November 9. Skift
Skift Take
Sonder debuted in France in the third quarter and expanded its presence in Mexico, but these development will all take a back seat if the company can indeed see its ticker symbol trading before the end of the year.
Sonder Hospitality, which lowered its valuation and slowed the timing of its potential SPAC public market debut at the end of October, increased its revenue and adjusted earnings outlook for full-year 2021.
The private company and SPAC hopeful released its third quarter results Tuesday, recording 155 percent revenue growth year over year to $67.45 million, but notched wider net losses of more than $64 milli