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How a Marriott, Sonder tie-up could create value for both accommodations providers | Hotel Dive

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entered into a long-term strategic licensing agreement

position Sonder to deliver value for all stakeholders

delayed its fourth-quarter and full-year 2023 financial results

had not published results for the fourth quarter of 2023

received a “deficiency notice” from Nasdaq

terminated roughly 17% of its corporate workforce

Former Marriott employee alleges retaliation for taking FMLA leave for gender-affirming surgery

Wynn’s third quarter buoyed by premium pricing

Hyatt ‘confident’ as luxury drives Q3 RevPAR growth

Highgate, Kessler Collection partner to form luxury lifestyle division

Choice Hotels looks to international markets as US remains challenged

Auberge Collection taps former Gucci exec as chief commercial officer

Conversions drove Marriott’s Q3 portfolio growth as US RevPAR dipped

Marriott will lay off portion of customer engagement center workforce

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entered a long-term strategic licensing agreement

converted some 31,000 rooms at MGM properties in Las Vegas

seen 410,000 room nights booked year-to-date

quickly grow portfolio scale and loyalty membership

US hotels face financial burden following nationwide flight cuts

viewport

Marriott expects increased net rooms growth and market reach from the newly inked strategic licensing agreement, while Sonder banks on value creation for stakeholders.

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How a Marriott, Sonder tie-up could create value for both accommodations providers

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✅ Low Risk - https://www.hoteldive.com/news/marriott-sonder-licensing-agreement-value-creation-/724687/

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Security Scan Report: www.hoteldive.com

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