Marriott will suspend their business in Russia

Marriott will suspend their business in Russia

After more than 25 years in Russia, Marriott International Inc (MAR.O) announced that it would close its doors on Friday.

Following Moscow’s invasion of Ukraine, the corporation decided on March 10 to halt the opening of new hotels and any future hotel projects and investments in Russia. find out more

Marriott said, “We are committed to taking care of our Russia-based partners.”

In March, Hilton Worldwide Holdings Inc (HLT.N) halted all new development work in Russia and shuttered its Moscow headquarters.