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Marriott Corporation, 1970 Annual Report
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Marriott International, Inc.. Marriott Corporation, 1970 Annual Report - Image 22. 1970. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 22, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1630/show/1619.

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.. (1970). Marriott Corporation, 1970 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/1630/show/1619

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, 1970 Annual Report - Image 22, 1970, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 22, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1630/show/1619.

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, 1970 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1970
Description Marriott Corporation Annual Report for the 53 weeks ending on July 31, 1970.
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_041_022.jpg
Transcript Consolidated Balance Sheet Marriott Corporation and Subsidiaries July 31, 1970 and July 27, 1969 1970 1969 20 Assets CURRENT ASSETS Cash and certificates of deposit ■&.;_ Short-term investments, at cost (approximates market) (Note 9).. Accounts receivable JR '»: Inventory of food and supplies, at lower of average cost or market Prepaid expenses j| S' -"-llllllSi Total current assets SHI! INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED FINANCE SUBSIDIARY AND AFFILIATE (Note 2) Unconsolidated finance subsidiary Landlord of New Orleans Marriott Hotel. . fS; FIXED ASSETS, at cost (Note 4) Land and land improvements. ■ «S f§|. Buildings and improvements ".'• * Leasehold improvements *^§j Furniture and equipment fftitlStt .JE- ■ • ■ ••dHl Construction in progress , jjf *" Depreciation and amortization (Note 8). , - |||. LEASEHOLD INTEREST, at cost, in property, including improvements thereon, and in equipment under lease-purchase obligations (Note 4) Construction in progress fHE*# 'Ill Amortization (Note 8). OTHER ASSETS Cost in excess of net assets of businesses acquired (Note 1) Escrow and lease deposits Deferred financing and other charges (Note 8) Hotel pre-opening costs (Note 8) Miscellaneous M 'Slitefl 2ta?S; 3,395,935 6,845,337 22,537,736 11,029,217 2,138,872 45,947,097 10,099,779 1,500,600 11,600,379 24,046,389 28,847,843 41,714,983 64,567,595 15,035,144 174,211,954 (36,379,208) 137,832,746 82,750,308 4,579,370 87,329,678 (9,564,790) 77,764,888 13,748,625 1,498,287 2,078,255 2,061,374 5,190,040 24,576,581 $297,721,691 The accompanying notes to consolidated financial statements are an integral part of this balance sheet. 8,418,903 12,434,353 18,471,929 8,392,636 996,263 48,714,084 1,812.122 1.500,600 3.312,722 20,183,256 24,084,522 29,860,115 45,664,583 12,112,522 131,904,998 (28,398,597) 103,506.401 64,770.889 12.767,979 77.538,868 (7,957,169) 69,581,699 12,117,678 1,573,885 1,406.766 832,010 4,357.577 20,287,916 $245,402,822