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1. Marriott abruptly ends Sonder deal, citing payment default
Marriott International over the weekend ended its long-term licensing agreement with Sonder Holdings, citing a default by the latter company, CoStar News' Bryan Wroten reports.
As part of the move, Marriott immediately cut off reservations of Sonder properties through the company's distribution channels and told guests who had booked at those hotels through Marriott channels that their stays would be ending prematurely.
Business Insider reported the example of a guest who was halfway through a two-week stay in New York who was notified he had to vacate by the next morning.
"I didn't believe it when I saw the email, I had to check that this wasn't a phishing attempt or something. Then I saw the articles and posts on X," NYU instructor David Klingbeil told Business Insider.
2. Luxury brand picks up Malibu boutique hotel at record price per key
The sale of the boutique Surfrider Hotel in Malibu to Chrome Hearts set a new high mark for price per key at $1.8 million, The Wall Street Journal reports, citing CoStar data.
The 20-room property on the Pacific Coast Highway sold for $37.5 million, and Chrome Hearts co-owner Laurie Lynn Stark told the newspaper she still needs to "figure out the formula" to integrate her luxury clothing brand's DNA into the hotel.
The Surfrider was originally built in 1953 and managed to escape last year's wildfires undamaged.
3. Deal could reopen US government
A group of Democratic senators have broken with their party and struck a deal to potentially reopen the U.S. government, ending the longest government shutdown in the country's history, the New York Times reports.
The Senate voted 60 to 40 Sunday night to fund the government through January, but it still requires a vote by the U.S. House of Representatives and needs to be signed by President Donald Trump.
The deal comes as air travel issues continued to grow, with the FAA moving to restrict private jet travel out of major airports, CNBC reports.
4. Braemar closes sale of The Clancy
Luxury-focused hotel real estate investment trust Braemar Hotels & Resorts announced the closing of its $115 million sale of The Clancy in San Francisco, the company said in a news release. The deal for the 410-room property came in at $280,487 per key.
The REIT, which is currently seeking a potential buyer for its full portfolio, used some of the proceeds of the deal to pay down $64.7 million in debt.
5. Workers strike at Philadelphia Wyndham hotel
Workers at the Wyndham Philadelphia Historic District hotel went on strike Saturday morning, with representatives of Unite Here Local 274 telling NBC Philadelphia they are seeking better wages, higher staffing levels and improvements to health and retirement benefits.
The hotel is one of several in the city to face labor strife of late, the news outlet notes, including the Hampton Inn Philadelphia and the Sheraton Philadelphia Downtown.