financetom
Business
financetom
/
Business
/
Marriott International Terminates Licensing Deal With Sonder
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marriott International Terminates Licensing Deal With Sonder
Nov 10, 2025 2:09 AM

04:52 AM EST, 11/10/2025 (MT Newswires) -- Marriott International ( MAR ) said late Sunday it terminated its licensing deal with Sonder ( SOND ) due to the latter's default.

As a result of the termination, Sonder ( SOND ) is no longer affiliated with Marriott Bonvoy, and its properties are not available for new bookings on Marriott's ( MAR ) channels, the company said.

Separately, Marriott ( MAR ) said it now expects a 4.5% net rooms growth for this year, while there is no change for the other guidance metrics it issued on Nov. 4.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cycurion to Effect 1-for-30 Reverse Stock Split
Cycurion to Effect 1-for-30 Reverse Stock Split
Oct 23, 2025
11:32 AM EDT, 10/23/2025 (MT Newswires) -- Cycurion ( CYCU ) said Thursday it is implementing its 1-for-30 reverse stock split to regain compliance with Nasdaq's rule, with its shares to start trading on a split-adjusted basis Oct. 27. The reverse split will reduce its shares to around 2.9 million from about 86.5 million, according to the company. Shares of...
Dover Lifts Outlook As CEO Sees Strong Order Momentum Into Next Year
Dover Lifts Outlook As CEO Sees Strong Order Momentum Into Next Year
Oct 23, 2025
Dover Corporation (NYSE: DOV), a diversified global manufacturer, announced its third-quarter 2025 financial results on Thursday, with shares moving higher after the company beat adjusted earnings expectations and raised its full-year guidance. The manufacturer reported revenue of $2.078 billion, a 5% year-over-year increase, or a 1% organic increase, which fell short of the $2.111 billion analyst consensus estimate. The company reported GAAP...
Dover Lifts Outlook As CEO Sees Strong Order Momentum Into Next Year
Dover Lifts Outlook As CEO Sees Strong Order Momentum Into Next Year
Oct 23, 2025
Dover Corporation (NYSE: DOV), a diversified global manufacturer, announced its third-quarter 2025 financial results on Thursday, with shares moving higher after the company beat adjusted earnings expectations and raised its full-year guidance. The manufacturer reported revenue of $2.078 billion, a 5% year-over-year increase, or a 1% organic increase, which fell short of the $2.111 billion analyst consensus estimate. The company reported GAAP...
Dover Lifts Outlook As CEO Sees Strong Order Momentum Into Next Year
Dover Lifts Outlook As CEO Sees Strong Order Momentum Into Next Year
Oct 23, 2025
Dover Corporation (NYSE: DOV), a diversified global manufacturer, announced its third-quarter 2025 financial results on Thursday, with shares moving higher after the company beat adjusted earnings expectations and raised its full-year guidance. The manufacturer reported revenue of $2.078 billion, a 5% year-over-year increase, or a 1% organic increase, which fell short of the $2.111 billion analyst consensus estimate. The company reported GAAP...
Copyright 2023-2026 - www.financetom.com All Rights Reserved