Marriott (MAR) Approves Shift to Fiscal Year; Will Begin on Dec. 29th

May 4, 2012 10:29 AM EDT
Marriott International, Inc. (NYSE: MAR) has approved a resolution changing the company's fiscal year to a calendar year-end beginning with 2013. During 2012, Marriott is upgrading its accounting and financial reporting tools, which will enable the conversion of the entire organization from a 13-period year to a 12-month accounting calendar.

The company's fiscal year 2013 will begin on December 29, 2012 and will end on December 31, 2013.


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