#marriott-integration

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#bankruptcy #short-term-rentals #sonder-holdings #long-term-leases #financial-distress
Business
fromFast Company
4 days ago

Sonder, the WeWork of apartments, may be bankrupt, but the short-term rental business is healthy

Sonder Holdings filed for bankruptcy after unexpected Marriott integration costs and burdens from fixed long-term lease obligations undermined its short-term rental business model.
Business
fromBoston.com
3 weeks ago

Boston guests left without rooms as Sonder shutters rentals nationwide

Sonder ceased operations and moved to file for bankruptcy and insolvency internationally after persistent losses and a terminated Marriott licensing agreement.
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