Washington D.C. hotel chain is shutting down due to cyber threat
Washington, DC—Washington D.
Cs hotel chain Marriott International is shutting its doors for good.
The chain, which is owned by Marriott International, will be selling its hotel and convention properties to a consortium of investors led by private equity firm TPG Capital, The Wall Street Journal reported.
Marriott said in a statement it was “terminating its operations for good” in the wake of the breach, which affected more than 50,000 guests and employees.TPG Capital has said it expects to take over the hotel chain.
The news comes after the Trump administration ordered an investigation into the breach and has announced new steps to strengthen cybersecurity.
The Department of Homeland Security said on Tuesday it is working to “identify, track, and prevent breaches of sensitive data in order to mitigate the potential for harm and fraud.”