Sonder announces immediate halt of operations
On Sunday, Nov. 9, TPG reported that Marriott announced the termination of its licensing agreement with Sonder, a hospitality company that runs short-term rentals and boutique hotels in over 35 cities worldwide. Now, Sonder has announced that it’s “winding down operations immediately and expects to initiate a Chapter 7 liquidation of its U.S. business,” according…
