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Sonder announced bankruptcy this week, cementing that the beleaguered apartment-style accommodations provider — which The Wall Street Journal once called “Airbnb’s billion-dollar competitor” — couldn’t hack it in hospitality.
Even with the backing of industry giant Marriott International, Sonder wasn’t able to shake the financial troubles that ultimately led to its demise.
Last year, Marriott entered into a long-term strategic licensing agreement…