Sonder Europe Ltd (10796186): administration
- Status
- In administration
- Administration began
- 2025-11-19
- Administrators
- Gordon Thomson, Matthew Robert Haw
- Administrators' firm
- RSM
- Incorporated
- 2017-05-31
- Location
- London
- Industry
- 55209 Other holiday and other collective accommodation
Why it went into administration
- Cash flow / liquidity pressure
- COVID-19
- Weak consumer demand
- Rising costs / inflation
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses
- Rising interest rates
From the administrators' statement
Sonder Holdings Inc. (together with its subsidiaries, the ‘Group’ or ‘Sonder’) was founded in 2014. It was a hospitality company with operations in the United States, Canada, France, Germany, Ireland, Italy, Mexico, the Netherlands, Spain, the United Arab Emirates, and the United Kingdom. The Company is an indirect subsidiary of Sonder Holdings Inc.
Sonder’s primary business model revolved around serving travelers with premium boutique hotels and apartment-style accommodations.
Sonder experienced tremendous growth from 2016 to 2022, transitioning from a founder-run, privately owned company that sublet a small portfolio of individual apartments to a publicly traded company that partnered directly with property owners and developers to lease, operate, and manage entire floors and buildings.
Administrators' statement of proposals (2026-01-19) · Companies House register