Marriott Suspends Hotel Operations in Russia, Citing Sanctions

Gwen Catherine

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  • Marriott Worldwide is suspending operations in Russia, a marketplace it is really been in for 25 yrs.
  • In March, the company shut its company place of work in Moscow and paused opening and developing new hotels in Russia.
  • Marriott said it will go on focusing on “having treatment” of its Russia-primarily based associates.

As Russia’s war in Ukraine entered its 100th working day, Marriott Intercontinental released a statement that it would suspend all of its operations in Russia.

“We have occur to the look at that newly announced US, United kingdom and EU constraints will make it unachievable for Marriott to carry on to operate or franchise motels in the Russian market place,” the company stated in a statement.

Marriott’s pull-out follows Very best Western and Hyatt lodge groups, who were being the initially to withdraw from Russia. 

In March, Marriott shut its company place of work in Moscow and paused opening new resorts and starting resort developments and investments in Russia.

In May possibly, the enterprise explained in its initially-quarter earnings report that the war experienced nevertheless to influence demand in Russia.

“Cancellations have been negligible,” Marriott stated at the time, calling occupancies at the 23 destinations open up in the country “modest.” The organization claimed its small business functions in Russia “represented well under 1% of our world charges in 2019.”

Marriott known as the suspension of its operations in the Russian industry, in which its been for 25 years, a “complicated” course of action in its assertion.

As the company withdraws from Russia, it states it will continue to consider care of its Russia-dependent associates.

“Due to the fact the war started, we have supported associates in Ukraine, Russia and across the area, which includes securing work with Marriott outdoors of international locations instantly impacted by the conflict,” Marriott stated in its statement.

The firm reported it has put in $1 million to assistance associates and their family members with resettlement support.

Around 85 of Marriott’s lodges are giving lodging to Ukrainian refugees in neighboring international locations, and the organization has hired around 250 refugees to operate in over 40 resorts in 15 nations around the world throughout Europe, the assertion claimed.

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