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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Marriott International    MAR

MARRIOTT INTERNATIONAL

(MAR)
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Marriott International : Faces $123.6 Million U.K. Fine Over Starwood Hack

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07/09/2019 | 07:03am EDT

By Colin Kellaher

Marriott International Inc. (MAR) on Tuesday said the U.K.'s data-protection authority plans to fine the company about 99.2 million pounds ($123.6 million) over last year's breach of the Starwood guest reservation database.

The world's largest hotel company said it has the right to respond before any final determination is made and a fine can be issued by the U.K. Information Commissioner's Office, or ICO.

"We are disappointed with this notice of intent from the ICO, which we will contest," said Arne Sorenson, Marriott's president and chief executive. "Marriott has been cooperating with the ICO throughout its investigation into the incident, which involved a criminal attack against the Starwood guest reservation database."

Marriott disclosed in November that a hack in the reservation database for its Starwood properties may have exposed the personal information of hundreds of millions of guests.

The Bethesda, Md., company said it no longer uses the Starwood database that was attacked for business operations.

Write to Colin Kellaher at colin.kellaher@wsj.com

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Financials (USD)
Sales 2019 21 055 M
EBIT 2019 2 753 M
Net income 2019 1 679 M
Debt 2019 10 567 M
Yield 2019 1,41%
P/E ratio 2019 25,6x
P/E ratio 2020 19,6x
EV / Sales2019 2,55x
EV / Sales2020 2,44x
Capitalization 43 041 M
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Technical analysis trends MARRIOTT INTERNATIONAL
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 139,30  $
Last Close Price 130,68  $
Spread / Highest target 38,5%
Spread / Average Target 6,60%
Spread / Lowest Target -5,88%
EPS Revisions
Managers
NameTitle
Arne M. Sorenson President, Chief Executive Officer & Director
John Willard Marriott Executive Chairman
Raymond Bennett Chief Global Officer- Global Operations
Kathleen Kelly Oberg Chief Financial Officer & Executive Vice President
Bruce Hoffmeister Global Chief Information Officer
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