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Marriott's Disastrous Bet on Short-Term Rental Company Sonder(wsj.com)
6 points by JumpCrisscross 15 hours ago | 1 comment
  • apparent13 hours ago

    I wonder if they would have made it if not for COVID. That undoubtedly had a huge impact on everyone in the hospitality space. The fact that they had all the long-term lease liabilities would have made them more susceptible than Airbnb (who had to raise a bunch of money at the time).