Sonder faces blow as Marriott terminates partnership
Marriott said on Sunday it has ended its licensing deal with Sonder after the rental firm defaulted, marking a major setback for the struggling company. Sonder, which flagged going-concern risks last year, will see its properties removed from Marriott site. Marriott cut its 2025 net room growth target to 4.5% from 5%, though it raised profit guidance on strong luxury demand.