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Marriott Corporation, 1968 Annual Report
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Marriott International, Inc.. Marriott Corporation, 1968 Annual Report - Image 22. 1968. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. December 2, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/153/show/142.

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.. (1968). Marriott Corporation, 1968 Annual Report - Image 22. 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/153/show/142

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, 1968 Annual Report - Image 22, 1968, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed December 2, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/153/show/142.

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, 1968 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1968
Description Marriott Corporation Annual Report for the 52 weeks ending on July 28, 1968.
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 22
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_039_022.jpg
Transcript 20 10 Year Financial History Marriott Corporation and Subsidiaries 1968 NOTES: A. Figures have been restated on a comparable basis except for the change in lease accounting as of July 25, 1965. B. Leasehold interest and lease- purchase obligations capitalized as of July 25, 1965, include 5 properties which prior to 1961 were owned by the Company and included in fixed assets and mortgage indebtedness. C Per share data is based on the weighted average number of shares outstanding during the year (except for shareholders' in vestment which is based on the total shares outstanding), adjusted for annual stock dividends and for 2-for-1 splits in December 1960, April 1965 and March 1968. Dollars in Thousands OPERATIONS Sales % Increase for the year Income before income taxes Per sales dollar United States and foreign income taxes Additional surtax Investment tax credit Net income % Increase for the year Per sales dollar Return on beginning shareholders' investment Cash flow from operations ASSETS EMPLOYED Net working capital Fixed assets Leasehold interest (Note B) Other assets SOURCE OF FUNDS Mortgages and notes Lease-purchase obligations (Note B) Construction financing Deferred taxes and compensation . .. Convertible subordinated 5% notes.. Minority interest in subsidiaries Shareholders' investment PER SHARE DATA (Note C) Net income Cash flow from operations Dividends Cash Stock—per cent cash equivalent Shareholders' investment Quoted market price at year end.... OTHER DATA (Note C) Weighted average shares outstanding 11,277,747 Shares outstanding 11,367,182 Number of shareholders 20,700 Number of employees 19,700 Number of operating units 256 1967 1966 (53 weeks) 197,498 35.0% 13,362 6.8% 146,349 18.1% 10,820 7.4% 123,933 25.4% 9,121 7.4% (6,441) (329) 827 7,419 22.6% 3.8% (5,233) 462 6,049 1 8.4% 4.1% (4,391) 380 5,110 22.4% 4.1% 16.3% 16,302 19.6% 12,920 19.5% 10,759 7,579 68,792 55,718 12,159 4,559 44,671 42,046 6,810 6,872 26,319 33,409 1,066 24,808 41,168 2,500 8,816 10,000 181 56,775 11,286 33,679 7,667 45,454 5,212 25,878 5,697 30,879 .66 1.45 .58 1.24 .49 1.04 3% .64 4.99 29.50 4% .51 4.09 16.14 4% .66 2.98 12.37 10,418,843 11,125,720 15,767 15,600 206 10,371,453 13,150 12,500 150 n