BUSINESS

Marriott Hotel Chain Set To Close Its Doors In Russia

After twenty-five years of operations in Russia, the Marriott Hotel chain has announced that it is pulling out of Russia, citing Western restrictions that have made challenging to keep operating there.

The company closed its Moscow office and paused investment in Russia in March, following the invasion of Ukraine.

However, its 22 hotels in the country are owned by third parties and remained open.

Marriott said the process of suspending operations in Russia was complex.

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Edited by Jesus Chan

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