Marriott Drops on Starwood Data Breach Fallout -- Market Mover
30 November 2018 - 4:55PM
Dow Jones News
Marriott International shares fall 5% after the company said it
identified a data breach that has affected up to 500 million guests
who made a reservation at Starwood properties. The company launched
an investigation that found that an unauthorized party had gained
access to customer data from payment-card information to names and
passports since 2014, prior to Marriott's acquisition of Starwood
in 2016. Shares in several hotel companies including Hilton,
InterContinental Hotels and Hyatt are also trading lower Friday.
(kimberly.chin@wsj.com ; @mskimberlychin)
(END) Dow Jones Newswires
November 30, 2018 10:40 ET (15:40 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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