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Marriott Corporation, 1976 Annual Report
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Marriott International, Inc.. Marriott Corporation, 1976 Annual Report - Image 36. 1976. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 4, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/956/show/951.

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.. (1976). Marriott Corporation, 1976 Annual Report - Image 36. 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/956/show/951

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, 1976 Annual Report - Image 36, 1976, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 4, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/956/show/951.

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, 1976 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1976
Description Marriott Corporation Annual Report for the 52 weeks ending on July 30, 1976.
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 36
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_047_036.jpg
Transcript 10 Year Financial History (Dollars in Thousands, Except Per Share Amounts) 1976 Summary of Operations (Note A) (53 Weeks) Sales 890,403 Percent increase for the year 21.6% Cost of sales and operating expenses 817,884 Interest cost 31,187 Interest capitalized 10,432 Income before income taxes 51,764 Per sales dollar 5.8% United States and foreign income taxes 26,819 Percent to income before income taxes 51.8% Investment tax credit 5,900 Net Income 30,845 Percent increase (decrease) for the year 41.4% Per sales dollar 3.5% Return on beginning shareholders' investment. . 12.2% Funds provided from operations (Note C) 87,543 Capital expenditures 143,235 Assets Employed Net working capital 15,866 Fixed assets 681,393 Other assets 48,703 Debt and Equity Mortgages and notes 334,928 Construction financing 16,000 Deferred income taxes 47,343 Convertible subordinated debt 31,340 Shareholders' investment 315,344 Per Share Data (Note B) Net income .90 Stock dividends Percent 2.5% Cash equivalent .44 Shareholders' investment 8.87 Quoted market price at year end 14.25 Other Data (Note B) Weighted average shares outstanding 34,363,515 Shares outstanding 35,567,027 Number of shareholders 47,000 Number of employees (including seasonal) .... 60,600 Number of operating units 825 Hotel rooms Owned and leased 13,774 Managed (sales not consolidated) . . : 736 1975 1974 1973 732,396 640,439 538,193 14.4% 19.0% 27.3% 676,014 582,227 489,283 28,328 21,236 16,063 10,353 5,144 2,802 38,407 42,120 35,649 5.2% 6.6% 6.6% 19,564 19,425 16,353 50.9% 46.2% 45.9% 2,975 2,050 1,715 21,818 24,745 21,011 (11.8%) 14.3% 18.5% 3.0% 3.9% 3.9% 9.6% 12.4% 12.1% 70,320 63,592 51,450 159,178 114,153 103,937 15,425 578,050 57,905 14,518 481,858 47,979 9,771 427,572 42,834 325,076 4,948 34,514 32,240 253,736 226,423 25,360 28,392 34,300 227,110 216,409 34,383 21,132 5,000 199,731 .66 2.5% .37 7.62 12.80 .76 2.5% .46 6.93 16.54 .65 2.5% .76 6.13 27.74 33,084,134 32,664,719 32,482,838 33,319,508 32,761,706 32,600,598 43,200 38,900 37,000 46,200 43,400 38,700 774 688 570 12,303 9,912 8,772 1,090 275 — 34 NOTES: (A) See Notes to Consolidated Financial Statements for summary of significant accounting policies and additional information. (B) Per share data is based on weighted average shares outstanding during the year (except for shareholders' investment which is based on total shares outstanding), adjusted for stock dividends and for2-for~l splits in March 1968 and March 1972.