According to the information, Best Western Sevastopol hotel was one of a few international companies that stayed in Crimea after 2014. McDonald's Corp and Radisson Hotels have already left the peninsula.
It is noted that the hotel is still working but does not identify itself as Best Western Hotel. It works under the name "Sevastopol Hotel and Spa".
The withdrawal of the Best Western from Crimea shows that the European and American sanctions still displace the western investors from the peninsula
Particularly, the sanctions prohibit the work of the American companies in Crimea and make new statements.
The general director of Best Western Hotels & Resorts, whose headquarters in Phoenix, Arizona, refused to comment the situation. The company does not rule the hotels itself, it is the authority of a franchising system under which hotel owners or operators can pay for the right to use the company’s brand, marketing and support services.
A member of the staff at the hotel told Reuters the franchise agreement with Best Western ended in October last year because of the sanctions.
The majority owner of the hotel is a company called Sevastopol Investment Group Ltd, which is registered in the Seychelles, according to Russian tax service records.
As we reported Biyuk-Karasu river, one of the largest ones in the occupied Crimea, dried out because of the severe drought there. The creekbed next to Karasivka village is completely dry; due to that, Taiganske and Bilohirske reservoirs are empty now. The water from Biyuk-Karasu was the main source for them.
Also, it was reported that before the occupation by Russia, Ukrainian Crimea boasted a lot of green cover; however, these areas have been severely decreasing since then.