University of Houston Digital Library: Annual Reports from the Hospitality Industry Archives: Marriott Corporation, 1969 Annual Report

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Marriott Corporation, 1969 Annual Report

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Marriott International, Inc.. Marriott Corporation, 1969 Annual Report - Image 21. 1969. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. March 2, 2021. https://digital.lib.uh.edu/collection/hiltonar/item/1729/show/1717.

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Marriott International, Inc.. (1969). Marriott Corporation, 1969 Annual Report - Image 21. 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/1729/show/1717

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Marriott International, Inc., Marriott Corporation, 1969 Annual Report - Image 21, 1969, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed March 2, 2021, https://digital.lib.uh.edu/collection/hiltonar/item/1729/show/1717.

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Compound Item Description

Title	Marriott Corporation, 1969 Annual Report
Creator (LCNAF)	Marriott International, Inc.
Publisher	Marriott International, Inc.
Date	1969
Description	Marriott Corporation Annual Report for the 52 weeks ending on July 27, 1969.
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

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Item Description

Title	Image 21
Format (IMT)	image/jpeg
File Name	hiltonar_201609_040_021.jpg
Transcript	Harriott CORPORATION Consolidated Income Marriott Corporation and Subsidiaries for the 52 weeks ended July 27, 1969 and July 28, 1968 1969 1968 SALES Food operations In-flite services Hotels and specialty restaurants Total sales DEDUCTIONS Cost of sales and operating expenses Administrative and general expenses Rent (Note 5) Depreciation and amortization (Note 3) Taxes-payroll and other Interest expense net of interest income Less interest capitalized during construction Advertising and sales promotional expenses Pre-opening expenses of new operating units (Note 9) Profit sharing retirement contributions INCOME BEFORE INCOME TAXES AND EXTRAORDINARY ITEMS . UNITED STATES AND FOREIGN INCOME TAXES (Note 4) INCOME BEFORE EXTRAORDINARY ITEMS (Notes 3 and 9).. . . EXTRAORDINARY GAIN ON SALE OF PROPERTIES (net of $483,000 tax) NET INCOME (Notes 3 and 9) Per Share of Common Stock (Note 8): Income before extraordinary items Extraordinary items net of income tax Net Income $123,123,736 75,435,104 58,825,770 $100,755,478 52,430,117 44,312,204 257,384,610 197,497,799 193,418,449 10,777,179 10,186,382 8,507,626 7,778,845 5,368,694 (792,000) 3,884,503 808,380 1,490,212 146,281,384 8,536,428 7,479,099 6,838,260 6,227,423 3,809,088 (428,000) 3,038,843 1,092,916 1,260,705 241,428,270 184,136,146 15,956,340 13,361,653 7,052,000 5,943,000 8,904,340 7,418,653 1,274,000 $ 10,178,340 $ 7,418,653 $ .76 .11 $ .64 $ .87 $ .64 The accompanying notes to consolidated financial statements are an integral part of this statement. 19