Sonder Holdings, Inc. (SOND) saw its shares skyrocket over 125% on Monday after announcing a long-term licensing agreement with Marriott International, Inc. (MAR). This partnership will see Sonder’s apartment-style accommodations integrated into Marriott’s system under a new collection called ‘Sonder by Marriott Bonvoy’.
Marriott International is expanding its portfolio with a new partnership with Sonder, adding over 9,000 rooms to its system by year’s end. This agreement will bring Sonder’s apartment-style accommodations into the Marriott Bonvoy network under a new brand collection called ‘Sonder by Marriott Bonvoy.’
