Located on Moscow’s main avenue, Tverskaya, and with sweeping views of the Kremlin, its gardens and Red Square, the hotel got a new logo and website, but no announcement has been made regarding a financial transaction.
One of the most luxurious hotels in Moscow, the Ritz-Carltonwith its unobstructed view of Red Square, today acquired the brand Carlton Moscowas the parent company, the Marriott International, has suspended its operations in Russia because of the attack on Ukraine.
Located on the central avenue of Moscow, Tverskaya, and me unobstructed view of the Kremlin, in its gardens and in Red Square, the hotel acquired new logo and website, but no announcement has been made regarding a financial transaction.
It will work as “independent hotel”, according to a statement relayed by Russian news agencies, as the Ritz-Carlton Hotel Company, a subsidiary of the Marriott group, was previously responsible for its operation.
In March, the hotel giant closed its offices and froze its new plans. Then, on June 3, it announced it was suspending all its operations in the Russian market, deeming it “impossible” to operate due to “restrictions announced by the United States, the United Kingdom and the EU” in recent months to punish the Russia for its invasion of Ukraine.
THE departure of this group adds to a long list of western giants who left Russia after it attacked its neighboring country. Among them, McDonald’s, Coca-Cola, Nike, Starbucks or even Renault.
The impact of sanctions on Russia remains difficult to assess, but sectors employing hundreds of thousands of Russians have already been affected by major logistical and financial problems.
The Russian authorities estimate for their part that the country has firmly resisted the sanctions, and that they are at the expense of European countries due to the fact that they are energy dependent on Russia, which means that they will suffer more economically from the effects of the sanctions themselves. their punitive measures.
RES-EMP
View the news feed and get the latest news.
