Margins
Jargon
Markets by GM
The Ops Bible
Culture
100

This is calculated through (Revenue-Rent)/Revenue

What is Gross Margin?

100

IPO stands for this three word term

What is an initial public offering?

100

Lia Prendergast

What is Dublin?

100

HYS is an acronym for this Asana project and resource repository.

What is Help Your Shelf?

100

We have this many principles.

What is 10?

200

RevPar = ?

What is Occupancy multiplied by Average Daily Rate?

200

If you want to calculate the upside of your equity, you would subtract the strike price from this

What is the share price?

Ex: (1000 x $10) - (1000 x $2) = $8,000

Value of the shares - Cost to exercise

200

Cabell Rosanelli

What is NYC?

200

This new process has recently helped us secure $1M in gross revenue, which we otherwise would not have achieved.

What is early listing?

200

One of two Sonder principles that has always existed in some form, but named something different with each iteration.

What is Improve Continuously and Hospitality Everywhere?

300

This is determined by looking at comps, product offering and quality.

What is ADR?

300

Integrating with a new distribution channel or planning a soft launch for a market might contribute to what revenue booster?

What is RevPar lift?

300

Stephanie Collet

What is Munich?

300

Booking migrations, FF&E assessment and guest communication planning are all part of which process?

What is the hotel takeover process?

300

It's the principle that includes this in its description: " We have a high adversity quotient - when things get tough, we assume positive intent and seek solutions."

What is Be Grateful and Optimistic?

400

This is calculated through ((Revenue- Rent) - Direct Costs)/Revenue

What is Contribution Margin?

400

If I looked into the time I spent making this Jeopardy game and what you yielded from it, I'd be calculating this.

What is the ROI?

400

Gregg Klein

What is Boston?

400

Low threat of unionization and high turnover costs would point us to implement what strategy?

What is in-house or internal housekeeping?
400

"We highlight problems within and outside our areas of responsibility, abnegate our self-interest and accept to disagree and commit." What principle does this belong to?

What is Act Like An Owner?

500

This is a function of demand and the ability to capture that demand. 

What is occupancy?

500

UW MAE is the metric we use to determine the accuracy of our underwriting. MAE stands for...

What is Margin of Absolute Error?

500

Luis Franco

What is Portugal?

500

This subteam at Sonder straddles the Revenue and Interior Design worlds.

What is Photo Ops?

500

This Sonder principle emerged from Jeremy Sholzberg's plea for us to end the subletting program in 2015.

What is Obligation to Speak Up?

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