BETHESDA, Md. , Nov. 9, 2025 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) announced today that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND, "Sonder") was no longer in effect due to Sonder's default.

With the removal of the Sonder rooms from Marriott's system, Marriott's net rooms growth for 2025 is now expected to approach 4.5 percent. There are no changes to the rest of the outlook metrics that Marriott provided on November 4, 2025.

NOTE ON FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of United States federal securities laws, including statements related to our rooms growth and other financial metric estimates, outlook and assumptions; and similar statements concerning anticipated future actions

See Full Page