Airbnb rival Sonder Holdings to file for bankruptcy [Business Insider]
Sonder Holdings Inc. - Class A (SOND)
Company Research
Source: Business Insider
Become an Insider and start reading now. Have an account? Log in Sonder Holdings will liquidate its US business and file for bankruptcy protection. The move follows Marriott 's move to end its partnership, disrupting travelers' bookings with Sonder. Sonder's CEO cited unexpected challenges and financial losses from the failed Marriott collab. Short-term rental firm Sonder Holdings said it will wind down its US operations after hotel chain Marriott abruptly ended their partnership. In a Monday press release, the San Francisco company said it plans to file "a Chapter 7 liquidation of its US business," and "initiate insolvency proceedings" in other countries where it operates. "We are devastated to reach a point where a liquidation is the only viable path forward," said Janice Sears, Sonder's interim CEO. Sears cited "unexpected challenges" and delays in the company's partnership with Marriott, which was supposed to allow the hotel chain's loyal guests, known as Marriott
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SOND
News
- Garry Marr: Sonder nightmare a reminder that a traditional hotel can be a traveller's best friend [Yahoo! Finance Canada]Yahoo! Finance Canada
- Stranded hotel guests offered loyalty points after cancellations [Yahoo! Finance]Yahoo! Finance
- Marriott bets that an overly forgiving policy can retain key guests [Yahoo! Finance]Yahoo! Finance
- The Marriott-Sonder debacle continues: Marriott tells booted guests to beg their credit card companies for a refund [Business Insider]Business Insider
- Rage and ruined holidays: how the Marriott-Sonder meltdown unraveled into chaos for customers [Business Insider]Business Insider
SOND
Sec Filings
- 11/14/25 - Form 8-K
- 11/5/25 - Form 8-K
- 10/24/25 - Form 8-K
- SOND's page on the SEC website