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Marriott said it lost $23 million in letting go of Sonder

Summary by Business Insider
Marriott said it spent $23 million letting go of Sonder.Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesMarriott executives said the Sonder breakup cost it $23 million.This comprised termination of licensing expenses and impairment charges.Sonder, a short-term rental company, filed for bankruptcy in November.The Sonder fiasco cost Marriott millions.On a Tuesday earnings call, Marriott's outgoing finance chief, Leeny Oberg, …

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Business Insider broke the news in United States on Wednesday, February 11, 2026.
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