Skift Take

The implementation of the Marriott partnership can't come soon enough for Sonder, and it won't kick in until 2025.

Dennis Schaal

Short-term rental company Sonder disclosed that it lost nearly $80 million more in 2022 than it previously reported.

The disclosure was in the 10-K report for 2023, which was released Friday after having been delayed because Sonder needed to restate results for prior years.

Sonder's net loss in 2022 was more than $245.03 million – it had previously reported a loss of $165.7 million.

Sonder's net loss in 2023, which was disclosed for the first time Friday, widened to nearly $295.6 million.

Sonder's shares were trading at $4.69, down more than 10%, in mid-afternoon trading Friday.

Mariott, Marriott, Marriott

It's clear from Sonder'