The latest wave of sanctions from the U.S. and NATO made operating in Russia impossible and Marriott will be pulling out of the country, the hotel chain announced.
Former Foreign Policy Adviser under Margaret Thatcher Nile Gardiner weighs in on the European Union’s partial oil ban imposed on Russia.
The hotel chain had already moved to close its corporate office in Moscow and pause expansion in the country., however, the company says. Marriott has operated in Russia for 25 years. "The process to suspend operations in a market where Marriott has operated for 25 years is complex," the company added.
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