Marriott Corp., the big lodging and food...
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Marriott Corp., the big lodging and food service concern, said earnings for all of 1987 rose to $223 million, up 16% from 1986 on a 23% surge in revenue. It said its lodging operations reported a 20% rise in sales for 1987, while operating income rose 22%. Sales from the company’s contract food services operations rose 33% in 1987; operating income was up 10%. Restaurant sales were up 10%, while operating income rose 4%.
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