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Business Traveller Asia-Pacific Edition (Digital)

Business Traveller Asia-Pacific Edition (Digital)

1 Issue, July - September 2022

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MARRIOTT TO SUSPEND ALL OPERATIONS IN RUSSIA

MARRIOTT TO SUSPEND ALL OPERATIONS IN RUSSIA
MARRIOTT INTERNATIONAL has announced plans to suspend operations in Russia, 25 years after the group first opened a property in the country. Marriott closed its corporate office in Russia in March, at the same time as pausing the opening of upcoming hotels and all future hotel development and investment in the country. It has now gone a step further, stating that "newly announced US, UK and EU restrictions will make it impossible for Marriott to continue to operate or franchise hotels in the Russian market.' No details have been given on how Marriott will wind down its operations in the country - the group has 22 third-party-owned hotels across Russia, including the Moscow Marriott Grand Hotel (pictured above). Marriott said: "The process to suspend operations in a market where Marriott has operated for 25…
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Business Traveller Asia-Pacific Edition (Digital) - 1 Issue, July - September 2022

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