Sonder announces bankruptcy plans; tells guests to vacate hotel rooms: 'People were scrambling'

Coronavirus

Short-term rentals company Sonder on Monday said it plans to file for bankruptcy, a day after Marriott International said a licensing agreement between the two companies had ended. The deal , signed in August 2024, allowed Sonder hotels to be booked via Marriott's Bonvoy website and was widely considered a lifeline for the San Francisco-based company, which struggled financially through the Covid-19 pandemic, and after going public via a SPAC merger in 2022. In a statement published Sunday,

Tag-uri: Coronavirus