Marriott hotel chain to leave Russia after 25 years
Marriott International Inc said it will suspend its operations in Russia after more than twenty-five years.
The company on March 10 decided to pause the opening of upcoming hotels and all future hotel developments and investments in Russia, following Moscow’s invasion of Ukraine.
“We remain focused on taking care of our Russia-based associates,” Marriott said.
Hilton Worldwide Holdings Inc in March suspended all new development activity in Russia and closed its corporate office in Moscow.
However, its 22 hotels in the country are owned by third parties and remained open.
Reuters
