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Marriott Corporation, 1978 Annual Report
Image 27
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Marriott International, Inc.. Marriott Corporation, 1978 Annual Report - Image 27. 1978. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 16, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/828/show/814.

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.. (1978). Marriott Corporation, 1978 Annual Report - Image 27. 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/828/show/814

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, 1978 Annual Report - Image 27, 1978, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 16, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/828/show/814.

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, 1978 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1978
Description Marriott Corporation Annual Report for the year ending on July 31, 1978.
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 27
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_049_027.jpg
Transcript Consolidated Income Marriott Corporation and Subsidiaries for the Fiscal Years Ended July 28, 1978 and July 29,1977 1978 1977 Total Sales 51,176,541,000 $1,026,313,000 Costs and Expenses Cost of sales and operating expenses Administrative and general expenses Taxes—payroll, real estate and other Depreciation and amortization of property and equipment Advertising and sales promotion expenses Interest cost, less capitalized interest of $3,618,000 and $1,938,000 Profit sharing retirement contributions Pre-opening and development expenses 878,150,000 47,911,000 50,305,000 48,440,000 32,174,000 28,224,000 6,727,000 4,830,000 768,296,000 41,853,000 42,736,000 45,679,000 25,547,000 30,193,000 5,291,000 4,694,000 1,096,761,000 964,289,000 Income Before Dispositions and Income Taxes Dispositions of Businesses 79,780,000 62,024,000 (1,885,000) Income Before Income Taxes Provision for Income Taxes 79,780,000 33,657,000 60,139,000 24,634,000 Net Income $ 46,123,000 $ 35,505,000 Earnings Per Share—assuming no dilution $1.26 $.97 Earnings Per Share—assuming full dilution $1.22 $.95 The accompanying notes are an integral part of this statement. 25