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8.02392588809956E-05 0.000255306732803243 0.000145889561601942 -0.00124006127361578 -0.00131300605441686 -0.00131300605441686 -0.00131300605441686 -0.00131300605441686
Stock impact report

Classic hotel may skip Chapter 11 bankruptcy, go to liquidation [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
The company behind hotels such as The Tuscany and Hotel 27 in New York City suddenly shut down operations in September 2025 and left guests with booked stays scrambling to find other accommodations at the last minute. In November, short-term rental platform Sonder filed for Chapter 7 bankruptcy and liquidation after Marriott pulled out of a licensing agreement that was initially envisioned to last into the 2040s. Some of the guests who booked apartments on what was presented to customers as an upscale version of Airbnb had to immediately vacate properties and in some cases, were even locked out of the apartments. The historic hotel, built in 1928 by the daughter of financier J.P. Morgan, has been closed to short-term guests since 2020. The story around the historic Hudson Hotel in New York City just got a major update, however. The current owner of the building asked a bankruptcy court in Delaware to not allow the hotel operators' request to restructure and instead take the c Show less Read more
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