Short-term rental operator Sonder is going out of business.
The company announced on Monday afternoon it would be winding down its operations “immediately.” Furthermore, it plans to file for Chapter 7 liquidation of its business stateside and insolvency proceedings in other countries where it operates.
The company said it considered a sale of its business and operations, as well as obtaining more liquidity, but was unsuccessful in its pursuit.
“We are devastated to reach a point where a liquidation is the only viable path forward,” interim chief executive officer Janice Sears said in a statement. “We explored all viable alternatives to avoid this outcome, but we are left with no choice other than to proceed with an immediate…
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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. business. The Company also intends to initiate insolvency proceedings in the international countries in which it operates.
Sonder has faced severe financial constraints arising from, among other things, prolonged challenges in the integration of the Company’s systems and booking arrangements with Marriott International. On Sunday, November 9,…
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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 and broadcast before Sonder published the official closure of operations.
A Deal That Once Looked Like a Lifeline
The Marriott–Sonder partnership, announced in 2024, had been a critical shot of credibility for Sonder. The agreement allowed the struggling apartment-hotel operator to list its properties…
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Sonder will “complete a wind-down of operations,” declaring bankruptcy in the U.S. and insolvency overseas, the company said Monday. The word came a day after Marriott ended a licensing agreement that had failed to meet financial obligations.
Sonder, which ran apartments and hotels as a hotel-like business, cited “severe financial constraints” stemming from prolonged technical integration problems with Marriott’s systems and booking platform.
Interim CEO Janice Sears said in a statement that the integration with Marriott Bonvoy became more expensive than expected.
“Unfortunately, our integration with Marriott International was substantially delayed…
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Sonder Shares Battered On Decision To Wind Down Operations, Initiating Chapter 7 Liquidation Of US Business MSN
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Brazil Firm Oi Declared Bankrupt After Decade of Struggles Bloomberg.com
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Brazil Firm Oi Declared Bankrupt After Decade of Struggles Bloomberg.com
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Brazil Firm Oi Declared Bankrupt After Decade of Struggles Bloomberg.com
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Sonder Holdings Inc. To Complete Immediate Wind-Down of Operations The Manila Times
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Slashing A Hospital Bill With Help From AI moneywise.com
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