Marcus Corp was founded on November 1, 1935. The Company is engaged in the lodging and entertainment industries. It is engaged mainly in two business segments: movie theatres, hotels, and resorts. The Company's movie theatre division currently owns or manages approximately 55 movie theatres throughout Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. The Company owns and operates The Pfister Hotel, which is located in downtown Milwaukee, Wisconsin. It offers Bollywood and Hispanic film product at selected theatres, along with a Reel Movies for Real Needs program that provides a sensory sensitive environment for guests. It competes with national movie theatre operators, such as AMC Entertainment, Cinemark, Regal Cinemas and Carmike Cinemas, as well as smaller first-run exhibitors. The Company has license rights to operate three hotels using the Hilton trademark, one hotel using the InterContinental trademark and two hotels using the Marriott trademark. The Company is subject to various federal, state and local laws, regulations and administrative practices affecting business, and Company must comply with provisions regulating health and sanitation standards, equal employment, environmental, and licensing for the sale of food and alcoholic beverages.