Marriott said it lost $23 million in letting go of Sonder
Marriott said it spent $23 million letting go of Sonder.
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- Marriott executives said the Sonder breakup cost it $23 million.
- This comprised termination of licensing expenses and impairment charges.
- Sonder, a short-term rental company, filed for bankruptcy in November.
The Sonder fiasco cost Marriott millions.
On a Tuesday earnings call, Marriott's outgoing finance chief, Leeny Oberg...