Prism Acquires 10 Sonder Properties to Bring Belvilla Brand to U.S.: Exclusive

Key Points

• Prism, owner of Belvilla, acquired 10 former Sonder properties in the U.S. through bankruptcy proceedings, marking Belvilla's entry into the U.S. market.
• Three of the acquired properties are already operational under the Belvilla District 6 brand, with the rest being selectively chosen for financial viability.
• The acquisitions align with Prism’s broader strategy of global expansion, a pending IPO, and a parallel push into hotels in Europe while focusing on economy extended-stay in the U.S.

Summary

Prism, the parent company of European vacation rental brand Belvilla, has entered the U.S. market by acquiring 10 properties formerly operated by Sonder through bankruptcy proceedings. Three of these properties are already operational under the Belvilla District 6 brand, while the rest were carefully selected for their financial viability. This move supports Prism’s broader strategy of global expansion, an upcoming IPO, and a dual focus: expanding into hotels in Europe and targeting the economy extended-stay segment in the U.S.