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

<2> Prism Expands into U.S. Market with Acquisition of Sonder Properties

<3> Extended-Stay Demand Fuels International Expansion

Prism, a leading hospitality company, has made a significant move into the U.S. market by acquiring 10 Sonder properties. This strategic acquisition marks a major milestone in Prism’s expansion plans, as the company seeks to leverage the growing demand for extended-stay accommodations to fuel its next phase of international growth.

<4> The acquisition of Sonder properties brings Prism’s Belvilla brand to the U.S. market, providing travelers with a unique and high-quality extended-stay experience. With a focus on comfort, convenience, and community, Belvilla properties are designed to meet the evolving needs of modern travelers.

<5> “We are thrilled to bring Belvilla to the U.S. market and expand our presence in this exciting region,” said , CEO of Prism. “Our acquisition of Sonder properties is a key step in our international expansion plans, and we look forward to delivering exceptional experiences to our guests in the U.S.”

<6> Prism’s entry into the U.S. market comes as the company continues to explore opportunities for listing in India. While the company’s Indian listing plans remain a priority,