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Sheraton Corporation of America, 1967 Annual Report
Image 13
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Starwood Hotels & Resorts. Sheraton Corporation of America, 1967 Annual Report - Image 13. 1967. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 26, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1346/show/1338.

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.

Starwood Hotels & Resorts. (1967). Sheraton Corporation of America, 1967 Annual Report - Image 13. 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/1346/show/1338

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.

Starwood Hotels & Resorts, Sheraton Corporation of America, 1967 Annual Report - Image 13, 1967, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 26, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1346/show/1338.

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 Sheraton Corporation of America, 1967 Annual Report
Creator (LCNAF)
  • Starwood Hotels & Resorts
Publisher Starwood Hotels & Resorts
Date 1967
Description Sheraton Corporation of America Annual Report for the year ending on April 30, 1967.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Starwood Hotels & Resorts
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
Original Item Location Conrad N. Hilton Papers
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 13
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_026_013.jpg
Transcript Sheraton Corporation of America and Subsidiaries 11 Comparative Consolidated Income Statement For the Year Ended April 30, 1967 April 30,1966 GROSS OPERATING INCOME Hotels Rooms $ 96,752,022 Food and Beverages 101,990,157 Other 19,327,878 Commercial Buildings Apartment Buildings Thompson Division Other ... .4..L... Total OPERATING COSTS AND EXPENSES Departmental Costs and Expenses Administrative and General Advertising and Promotion .—. Heat, Electricity and Water.w« Repairs and Maintenance .... Rent — Real Estate and Personal Properly Taxes Insurance Bad Debts Expense *. Thompson Division Cost of Sales ..„_» ,^.....~...... Other ~. Other Total OPERATING INCOME BEFORE DEPRECIATION OTHER INCOME Dividends and Interest Other Total (Referred to as "Basic Earnings") OTHER DEDUCTIONS FROM INCOME Depreciation (Thompson Division $1,679,161 and $1,293,254) ...-. Interest and Debt Expense Total ORDINARY INCOME.,... INCOME TAXES Federal and Foreign ...» State „^^^.»,».w.». Total NET INCOME before Profit from Capital Transactions ........ Profit from Capital Transactions Less: Income Taxes Thereon <....». Net Profit from Capital Transactions....», ...„«<., Income and Profits for the Year Net Income and Profits Applicable to Minority Interests .... NET INCOME AND PROFITS FOR THE YEAR „,„.. 92,332,787 96,724,610 18,265,415 218,070,057 4,371,266 760,377 J 54,324,846 / r 8,739,900 • 207,322,812 4,260,921 727,985 54,441,411 9,209,612 286,266,446 275,962,741 124,018,965 17,363,841 8,804,441 8,263,184 11,609,522 9,438,304 10,219,881 285,291 1,327,189 119,662,312 16,149,086 8,993,861 7,952,558 10,753,028 8,515,198 9,513,527 270,370 1,350,151 41,939,648 5,348,247 8,456,468 42,905,598 5,003,707 8,922,537 247,074,981 239,991,933 39,191,465 35,970,808 399,525 10,468 338,683 1,721 39,601,458 36,311,212 19,558,772 11,236,763 19,661,283 11,156,956 30,795,535 30,818,239 8,805,923 5,492,973 3,152,722 301,820 2,347,265 189,228 3,454,542 2,536,493 5,351,381 2,956,480 860,600 505,000 4,322,204 1,117,377 355,600 3,204,827 5,706,981 273,637 6,161,307 411,546 $ 5,433,344 $ 5,749,761 See Notes to Consolidated Financial Statements.