Accor, Hilton and Hyatt Suspend Operations in Russia

Major hotel brands Accor, Hilton and Hyatt freezed investments in Russia. 

Hilton closed its Moscow office, which was followed by Accor in recent days to suspend all planned openings as well as future developments in Russia.

“We will continue to evaluate hotel operations in Russia, while complying with applicable sanctions and U.S. government directives as we hope for a resolution to this crisis. Understanding that many people in Russia face challenges and uncertainty about their future as well, we are determining how best to support and care for our hotel colleagues and current guests in the country.”, noted a Hyat representative in a statement.

Hilton plans to donate any profits from its Russian operations to humanitarian relief efforts in Ukraine. It doesn’t own any of its hotels in the country, but they are still operating, even if they are a small part of the company’s overall business.