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Marriott International shares hit as China shuts down hotel's website

China’s Cyberspace Administration, the internet watchdog, shut the firm's website down for a week..
Marriott International shares hit as China shuts down hotel's website
Marriott shares fell in prte-market deals

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.”

View full MAR profile View Profile

Marriott International Timeline

Newswire
November 09 2015

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