• Sonder has filed for bankruptcy after Marriott ended its licensing agreement. • The short-term rental firm filed for Chapter 7 liquidation proceedings. • The Sonder-Marriott fiasco has sparked chaos and confusion for guests.
Hospitality company Sonder has officially filed for bankruptcy following the collapse of its partnership with hotel giant Marriott International.
The San Francisco firm, which operated thousands of short-term rental units, including apartment-style and boutique hotel accommodations around the globe, filed for Chapter 7 liquidation proceedings in federal bankruptcy court in Delaware on Friday.
In a legal filing, Sonder listed its estimated assets as between $1 billion and $10 billion and its estimated liabilities as between $1 billion and $10 billion.
Sonder a

Insider
Associated Press Top News
Reuters US Top
Raw Story
Law & Crime
People Crime