#sonder-holdings

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#bankruptcy #short-term-rentals #long-term-leases #marriott-integration #marriott #refunds
Business
fromFast Company
3 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
fromBusiness Insider
3 weeks ago

The Marriott-Sonder debacle continues: Marriott tells booted guests to beg their credit card companies for a refund

Marriott told guests booked at Sonder properties to seek refunds from their credit card issuers after initially promising to process refunds itself.
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