Philadelphia Short-Term Rental Properties Shut Down Amid Sonder's Sudden Demise
In a shocking move, several Philadelphia rental properties operated by short-term rental giant Sonder have closed their doors due to the company's abrupt bankruptcy filing. The news comes just one day after Marriott International terminated its licensing deal with Sonder, citing financial constraints.
Sonder had partnered with Marriott last year to integrate their booking arrangements and systems, but the partnership ultimately proved unsuccessful. According to a statement from Sonder's interim CEO Janice Spears, the company's integration with Marriott was plagued by unexpected challenges that resulted in significant costs and revenue losses.
As a result, Sonder announced its intention to file for Chapter 7 liquidation of its US businesses and sell off its assets. This decision comes as a devastating blow to the company, which had once been seen as a competitor to Airbnb.
Four Philadelphia properties are listed on TripAdvisor as still available for booking through Sonder, despite the company's bankruptcy filing. These include The Arco, The Witherspoon Apartments Center City, The Queen Hotel Queen Village, and The Edison. However, guests at The Witherspoon were told they had just 24 hours to vacate the premises after being notified of the property's closure.
Travelers who had booked stays with Sonder in other cities are also facing disruption. One traveler reported that their entire building was asked to vacate by 9 am on Monday, with guests scrambling to leave before the building was locked down.
Sonder's collapse marks a significant shift in the short-term rental market, which has been subject to increasing regulation and scrutiny in recent years. The company's demise serves as a cautionary tale for startups looking to compete in the industry.
Marriott International has not commented on how the termination of its licensing deal with Sonder affected its customers or business operations. However, guests who had booked stays through Sonder are advised to contact Marriott Customer Care for refunds and assistance.
In a shocking move, several Philadelphia rental properties operated by short-term rental giant Sonder have closed their doors due to the company's abrupt bankruptcy filing. The news comes just one day after Marriott International terminated its licensing deal with Sonder, citing financial constraints.
Sonder had partnered with Marriott last year to integrate their booking arrangements and systems, but the partnership ultimately proved unsuccessful. According to a statement from Sonder's interim CEO Janice Spears, the company's integration with Marriott was plagued by unexpected challenges that resulted in significant costs and revenue losses.
As a result, Sonder announced its intention to file for Chapter 7 liquidation of its US businesses and sell off its assets. This decision comes as a devastating blow to the company, which had once been seen as a competitor to Airbnb.
Four Philadelphia properties are listed on TripAdvisor as still available for booking through Sonder, despite the company's bankruptcy filing. These include The Arco, The Witherspoon Apartments Center City, The Queen Hotel Queen Village, and The Edison. However, guests at The Witherspoon were told they had just 24 hours to vacate the premises after being notified of the property's closure.
Travelers who had booked stays with Sonder in other cities are also facing disruption. One traveler reported that their entire building was asked to vacate by 9 am on Monday, with guests scrambling to leave before the building was locked down.
Sonder's collapse marks a significant shift in the short-term rental market, which has been subject to increasing regulation and scrutiny in recent years. The company's demise serves as a cautionary tale for startups looking to compete in the industry.
Marriott International has not commented on how the termination of its licensing deal with Sonder affected its customers or business operations. However, guests who had booked stays through Sonder are advised to contact Marriott Customer Care for refunds and assistance.
with these short-term rental companies? I mean I get it, the market is super competitive and they have to be careful but Sonder just went from being this huge player in Philly to basically shutting down overnight 
. It's gonna affect so many people who had booked stays there... I feel bad for those travelers 
. And Marriott just kinda cuts ties with them like that? Not cool, dude 
. I guess this is a reminder that even the biggest companies can fall. Guess we'll see how they recover from this 
.
like sonder was supposed to be the next big thing in short-term rentals but now theyre just gone 
i feel bad for all the travelers who booked with them, especially those who were told to vacate their rooms 24 hours notice that's super stressful 
marriott should really get some flak for cutting ties with sonder like whats going on over there?? 
they just keep popping up like a bad rash! I mean, Sonder's closure is no surprise, but it's still sad for all the travelers who got screwed over by them 
four of their Philly properties are still taking bookings? that's just crazy talk! what about all those people who already paid for a stay? Marriott terminating their deal was probably the only way to save themselves from getting burned too 
. this whole industry is just a mess, and it's only going to get more complicated as cities keep cracking down on these companies 
i mean what's next? another major player gonna get whacked and the whole market gonna implode 
can't wait 2 see what other options come up 4 travelers 
how are ppl supposed to find affordable places to stay in philly now? this is like a domino effect, first it's sonder then who knows what happens next? 
. think this is gonna affect the whole short-term rental market, might be a sign of things to come 
.
On the bright side, it might be a good opportunity for other players in the market to step up and offer some more reliable alternatives.
We've seen the short-term rental industry getting more and more scrutinized lately, and this just puts Sonder's collapse right at the center of it all. 