Sonder Hotel Guests Evicted as Company Rapidly Initiates Bankruptcy Proceedings

Written by Emily J. Thompson, Senior Investment Analyst

Source: SeekingAlpha

Updated: Nov 11 2025

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Source: SeekingAlpha

Sonder Holdings' Liquidation: Sonder Holdings announced the immediate winding down of its operations and plans to initiate Chapter 7 liquidation for its U.S. business, along with insolvency proceedings in other countries.
Failed Financial Efforts: The company attempted to explore various financing and strategic alternatives, including a potential sale, but was unable to secure a viable transaction, leading to the decision to cease operations.
Impact on Marriott: Marriott International terminated its licensing agreement with Sonder, anticipating lower net room growth due to Sonder's default.
Stock Performance: Shares of Sonder fell 8.2% in premarket trading after a significant 60% drop the previous day, with current trading at $0.19 compared to its IPO price of $8.95 in January 2022.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.