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Marriott Corporation, 1972 Annual Report
Image 25
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Marriott International, Inc.. Marriott Corporation, 1972 Annual Report - Image 25. 1972. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 4, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1171/show/1159.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marriott International, Inc.. (1972). Marriott Corporation, 1972 Annual Report - Image 25. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from https://digital.lib.uh.edu/collection/hiltonar/item/1171/show/1159

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marriott International, Inc., Marriott Corporation, 1972 Annual Report - Image 25, 1972, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 4, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1171/show/1159.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Compound Item Description
Title Marriott Corporation, 1972 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1972
Description Marriott Corporation Annual Report for the 52 weeks ending on July 28, 1972.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Marriott International, Inc.
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
Original Item Location Marriott Hotels Collection
Digital Collection Annual Reports from the Hospitality Industry Archives
Digital Collection URL http://digital.lib.uh.edu/collection/hiltonar
Repository Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston
Repository URL http://www.uh.edu/hilton-college/About/hospitality-industry-archives
Use and Reproduction No Copyright - United States
File Name index.cpd
Item Description
Title Image 25
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_043_025.jpg
Transcript Consolidated Income Marriott Corporation and Subsidiaries For the 52 Weeks Ended July 28, 1972 and July 30, 1971 1972 1971 Restated SALES BY OPERATING GROUPS (N°te 1) Restaurant operations $181,967,564 $152,220,446 In-flite services 113,831,531 95,373,086 Hotels and related operations 127,128,650 104,335,113 Total sales 422,927,745 351,928,645 DEDUCTIONS (Note 1) Cost of sales and operating expenses 301,438,570 248,242,684 Administrative and general expenses 18,353,592 15,298,885 Rent (Note 3) 18,699,730 16,202,820 Depreciation and amortization 17,594,005 14,469,114 Taxes—payroll, real estate and other 14,673,277 12,404.470 Interest expense, net of interest income 10,085,124 10,265,962 Advertising and sales promotion expenses 6,843,159 6,135,890 Pre-opening expenses 2,046,352 1,402,826 Profit sharing retirement contributions 2,559,320 2,034,306 392,293,129 326,456,957 INCOME BEFORE INCOME TAXES 30,634,616 25,471,688 UNITED STATES AND FOREIGN INCOME TAXES (Notes 1 & 2) Current 7,975,000 7,224,000 Deferred 6,276,000 4,506,000 Investment tax credit (1,350,000) (35,000) 12,901,000 11,695,000 NET income $ 17,733,616 $ 13,776,688 EARNINGS PER SHARE OF COMMON STOCK (Note 1) 1 ^62 $ ITi The accompanying notes are an integral part of this statement. 23