07:47 AM EDT, 08/19/2024 (MT Newswires) -- Marriott International ( MAR ) said Monday it has formed a long-term licensing agreement with Sonder Holdings (SOND) in a deal expected to add 9,000 rooms to its portfolio this year and 1,500 afterward.

Under the agreement, Marriott ( MAR ) said it will receive royalty fees based on Sonder's room revenues.

Sonder's mostly urban, apartment-style accommodations in North America, Europe, and the Middle East are to be included in Marriott's ( MAR ) reservation system under the brand "Sonder by Marriott Bonvoy," the company said.

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