Marriott International, Inc. (NYSE:MAR)
About Marriott International, Inc. (NYSE:MAR) Marriott International, Inc. is a worldwide operator and franchisor of hotels and related lodging facilities. The Companyâ€™s operations are grouped into the five business segments: North American FullService Lodging, North American Limited-Service Lodging, International Lodging, Luxury Lodging and Timeshare. It develops, operates and franchises hotels and corporate housing properties under separate brand names, and it develops, operates and markets timeshare, fractional ownership and residential properties under four separate brand names. The Company also provides services to home/condominium owner associations for projects associated with one of its brands.
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Financials Marriott International, Inc. (NYSE:MAR) generated total revenue of $2.64 billion in current quarter which is slightly less than previous quarter’s revenue of $2.77 billion. Moreover, net income has gone down that resulted in lower EPSfor the current quarter. The company’s cash flow from operation stood at $913 million as contrasted to last quarter’s cash flow from operation which was placed at $522 million. Increased CFOshows that company generated more cash than its expenses. According to most recent financials as on September 30, 2010 total assets mount up to $8.78 million. Return on equity and return on assets both are decreasing. Total liabilities and total equity stand at $7.43 billion and $1.35 billion respectively.
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Published on Jan 14, 2011
About Marriott International, Inc. (NYSE:MAR) Marriott International, Inc. (NYSE:MAR) The company’s cash flow from operation stood at $913 m...