Marriott suspends all operations in Russia


Marriott suspends all operations in Russia

Monday, 03 Jun, 2022 0

Citing ongoing sanctions, Marriott International is halting all operations in Russia.

It had already closed its regional office in Moscow and suspended new openings and planned new developments after the Ukraine invasion.

“Newly announced US, UK and EU restrictions will make it impossible for Marriott to continue to operate or franchise hotels in the Russian market,” the company said.

It has more than 20 hotels in the country operated by third parties which have remained open.

Marriott has operated in Russia for 25 years.

The company says it is ‘focused on taking care of our Russian-based associates’ and helping those in Ukraine and Russia willing to work with Marriott overseas.

“We continue to join our associates and millions of people around the world in wishing for an end to the current violence.”

The company admits ‘the process to suspend operations in a market where Marriott has operated for 25 years is complex.’



 

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Ray Monty



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