Tag: Marriott

Trump administration orders Marriott to shutter Cuba hotel by end of August

The U.S. Department of Treasury ordered Marriott to shut down its Four Points Sheraton hotel in Havana, Cuba, by Aug. 31, amid continuing tensions between the two nations. The company will also not be allowed to open other planned hotels.

Marriott first entered Cuba in 2016 following permission from the U.S. government, and its license was both reviewed and renewed in 2018.

“We have recently received notice that the government-issued license will not be renewed, forcing Marriott to cease operations in Cuba,” according to a statement from the company provided by spokesperson Brendan McManus. “Marriott continues to believe that Cuba 

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Marriott reopens all hotels in China as travel rebounds

Marriott has reopened all of its hotels in China and the group says it has seen a recovery in business travel.

The world’s third largest hotel chain has 350 outlets across China and says that occupancy rate is now at 40%.

Marriott gave an upbeat statement on Monday about its business in China as it emerges from coronavirus lockdowns.

Last week it said the financial impact from the pandemic has been more severe for the hotel chain than 9/11 and the 2008 financial crisis combined.

Marriott chief executive Arne Sorenson said the occupancy rates at its Chinese hotels had been

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