Shares in Marriott International Inc (NASDAQ:MAR) dropped 1.89% in New York to US$ 142.07 in before-the-bell trade as it emerged the hotel giant had apologised to China over a website error.
China’s Cyberspace Administration, the internet watchdog, shut the firm's website down for a week after a customer survey listed Tibet, Taiwan, Hong Kong and Macau as separate countries
Marriott, which runs over 100 hotels in China, was punished by Beijing for apparently disrespecting China’s sovereignty.
“Marriott International respects the sovereignty and territorial integrity of China.
"We don’t support separatist groups that subvert the sovereignty and territorial integrity of China,” the company was quoted as saying in a statement.
“We sincerely apologise for any actions that may have suggested otherwise.”