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  "docSlug": "ff86bc370ba4b9662dac2fe5543acf5e",
  "documentTitle": "Sonder | Restructuring Presentation Deck | 10 slides",
  "authorId": "sonder",
  "authorName": "Sonder",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-06-01 00:00:00",
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  "pageNumber": 7,
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  "density": "balanced",
  "nDataPoints": 8,
  "notes": "The slide highlights the operating leverage of the business model where fixed landlord payments amplify RevPAR growth into margin expansion.",
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  "slideHref": "/slides/019de073-0b8a-72e0-bb5a-872069c0ccdc/7",
  "deckHref": "/decks/019de073-0b8a-72e0-bb5a-872069c0ccdc",
  "deckJsonHref": "/decks/019de073-0b8a-72e0-bb5a-872069c0ccdc.json",
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      "kind": "callout",
      "text": "We're focusing on several rapid payback RevPAR initiatives, including our higher occupancy strategy & growing our new corporate travel offering, among others",
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      "kind": "callout",
      "text": "Given our fixed landlord payments, a small increase in RevPAR translates to a much larger increase in Cash Contribution margin",
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      "text": "Quarterly Sonder RevPAR",
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      "kind": "disclaimer",
      "text": "(1) Cash Contribution margin measures operating cash generated at the property level before corporate overhead & pre-opening costs.",
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      "kind": "title",
      "text": "Following the unprecedented COVID-related urban RevPAR decline, Sonder has achieved strong RevPAR growth, transforming our economics",
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