Entertainment group and former Cathay Cineplexes operator mm2 Asia on Monday (Nov 10) said that United Overseas Bank (UOB) had sent letters demanding repayment of S$74.6 million (US$57 million) from the company and its subsidiaries. The letters were sent to mm2 Asia and its subsidiaries mm2 Entertainment, UnUsUaL Management, mm Plus and mm Connect on…
Sonder Holdings Inc., a boutique apartment rental company, said it’s going to file bankruptcy after the cash-strapped company lost a key partnership with Marriott International. The firm will wind down operations immediately through a Chapter 7 liquidation of its US business, according to a Monday statementBloomberg Terminal. The decision came one day after Marriott International…
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SAN FRANCISCO, Nov. 10, 2025 (GLOBE NEWSWIRE) — Sonder Holdings Inc. (Nasdaq: SOND) (“Sonder” or the “Company”), which operates a global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that it will complete winding down operations immediately and expects to initiate a Chapter 7 liquidation of its U.S.…
On the latest episode of Good Morning Hospitality, A Skift Podcast, hosts Wil Slickers, Michael Goldin, and Brandreth Canaley were joined by Skift Senior Hospitality Reporter Sean O’Neill to break down what’s known so far about Marriott Bonvoy’s sudden decision to end its licensing agreement with Sonder Inc., effective immediately. Note: This episode was recorded…
Sonder Shares Battered On Decision To Wind Down Operations, Initiating Chapter 7 Liquidation Of US Business MSN Read the original article here
Sonder Holdings Inc. To Complete Immediate Wind-Down of Operations The Manila Times Read the original article here
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