Sonder properties are found in prime locations in over 40 markets, spanning ten countries and three continents. In summer 2024, the company announced a strategic licensing agreement with Marriott International, though Marriott International terminated the licensing agreement due to a default from Sonder in November 2025.
Cyborg Score Rationale
The company is in liquidation bankruptcy as of November 2025, has been delisted from NASDAQ as of January 30, 2026, and trades on OTC markets at nominal prices. The termination of the critical Marriott licensing agreement in November 2025 was a terminal event for the business model.
Top Insights
(November 2025) Filed for Chapter 7 liquidation bankruptcy; Marriott licensing agreement terminated due to Sonder default
(January 2026) Delisted from NASDAQ; stock now trades OTC at nominal prices (~$0.0001)
(Summer 2024) Strategic Marriott licensing agreement announced but dissolved within 16 months
Operated a tech-enabled aparthotel model with global footprint, but unable to achieve profitability at scale
Named Competitors
Marriott Bonvoy — Global hotel and resort brand ecosystem (former Sonder partner)
Airbnb — Short-term rental and experiences platform
Hilton Hotels — Global hotel brand portfolio
Recent Developments
(November 9, 2025) Marriott International terminated licensing agreement with Sonder due to default