Summary
Marriott International, Inc. filed an 8-K on October 19, 2006, to announce key financial disclosures being made at its Security Analyst Meeting in Paris, France. The primary purpose of this filing is to provide enhanced historical disclosure of fee revenue, including base management fees, incentive management fees, and franchise fees, for the fiscal years 2000 through 2005. This expanded data aims to offer investors a more detailed understanding of Marriott's revenue streams beyond traditional operational metrics.
Key Highlights
- 1Marriott International is providing enhanced historical disclosure of fee revenue (base management fees, incentive management fees, franchise fees) for fiscal years 2000-2005.
- 2The enhanced fee disclosure is presented at the company's Security Analyst Meeting held on October 19, 2006, in Paris, France.
- 3Key executives, including Chairman and CEO J.W. Marriott, Jr. and President and COO William J. Shaw, delivered keynote addresses.
- 4Presentations included senior executive discussions and detailed fee revenue breakdowns.
- 5A live webcast, presentation materials, and an audio replay of the meeting are available on Marriott's investor relations website.
- 6The filing incorporates by reference Exhibit 99.1 (historical fee revenue disclosure) and Exhibit 99.2 (press release).
- 7The materials presented may include non-GAAP financial measures with reconciliations to GAAP.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly disseminate enhanced historical financial disclosures, specifically regarding Marriott's fee revenue streams (management and franchise fees) from 2000 to 2005, made at their Security Analyst Meeting.
The detailed fee revenue information is provided in Exhibit 99.1 to this 8-K filing. Additionally, presentation materials from the Security Analyst Meeting, which include this disclosure, are available on Marriott's investor relations website.
Yes, the filing pertains to Marriott's Security Analyst Meeting held on October 19, 2006, in Paris, France. Key executives presented and provided detailed financial information during this event.
This specific 8-K filing primarily focuses on enhanced historical financial data disclosure (fee revenue for 2000-2005) and may include non-GAAP financial measures. It does not explicitly mention new forward-looking statements or specific future guidance within the provided text, but presentations at such meetings often do, and those would be available on their website.