Sonder Holdings Inc. (Nasdaq: SOND) is more than doubling its total live and contracted units in Spain by securing two additional prime properties in Barcelona and Madrid.
In Barcelona, Sonder will open a 65-unit hotel on Paseo de Gracia, in one of the city’s most important shopping and business areas, containing several of Barcelona’s most celebrated pieces of architecture. Set to open in the second half of 2022, Sonder’s Paseo de Gracia location will feature a rooftop terrace and courtyard garden. It will join Sonder’s existing portfolio of five hotels in Barcelona, including the five star grand luxe Do Plaça Real, and Casa Luz, which features a buzzing rooftop restaurant, both of which opened in summer 2021.
Alting Grupo Inmobiliario, a real estate group with a business model focused on investment and management of prime real estate assets, is the landlord of Sonder Paseo de Gracia. Alting…