Brief: Sonder Holdings Announces Licensing Agreement With Marriott International
19/08/2024 12:38
Aug 19 (Reuters) - Marriott International Inc MAR.O :
* SONDER HOLDINGS INC. ANNOUNCES STRATEGIC LICENSING
AGREEMENT
WITH MARRIOTT INTERNATIONAL
* SONDER HOLDINGS INC - SECURES APPROXIMATELY $146 MILLION
IN
ADDITIONAL LIQUIDITY
* SONDER HOLDINGS INC - EXPECTS REVENUE OPPORTUNITIES AND
COST
EFFICIENCIES FROM DEAL
* SONDER: OVER 9,000 LIVE SONDER UNITS EXPECTED TO JOIN
MARRIOTT
PORTFOLIO BY END OF 2024
* SONDER: FULL INTEGRATION WITH MARRIOTT'S DIGITAL CHANNELS
AND
PLATFORM WILL OCCUR IN 2025
Source text for Eikon: ID:nGNXb3LvJS
Further company coverage: MAR.O
((Reuters.Briefs@thomsonreuters.com;))
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