(MENAFN) The Marriott hotel chain stated it is leaving Russia following 25 years, as Western bans made it "impossible" to keep working there.
The firm shut its Moscow office and stopped investment in Russia 3 months ago, after the attack of Ukraine.
Yet, its 22 hotels in the nation are owned by third groups and stayed operating.
Marriott declared the process of stopping services in Russia was "complex".
According to a declaration "We have come to the view 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."
The firm stated it stayed "focused on taking care of our Russian-based associates" and had been backing people in Ukraine and Russia to protect service with Marriott outside nations affected by the war.
It further claimed "We continue to join our associates and millions of people around the world in wishing for an end to the current violence and the start of a path towards peace."
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