Boutique short-term rental operator Sonder is seeking an out-of-court agreement with creditors to stabilize operations and strengthen its balance sheet. The company is reviewing its leasing portfolio and exploring strategic options with advisors AlixPartners and Moelis & Co. Following last year’s partnership with Marriott — which brought 9,000 properties into the “Sonder by Marriott Bonvoy” brand — Sonder aims to leverage its strong hospitality footprint and new financing to restore investor confidence and chart a sustainable path forward.
Source: https://therealdeal.com/national/2025/10/20/sonder-scrambling-to-stave-off-bankruptcy/
