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Story perspectives

Marriott Cuts Ties with Sonder Amid Bankruptcy Fears

11/10/2025

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Story summary
  • Marriott International terminated its licensing agreement with Sonder due to Sonder's default, effective immediately.
  • Approximately 7,700 Sonder rooms have been removed from Marriott's booking platforms.
  • The termination reduces Marriott's projected net rooms growth for 2025.
  • Sonder faces potential bankruptcy amid ongoing financial struggles.
  • Sonder has lost significant value since its 2021 Special Purpose Acquisition Company (SPAC) deal.