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Marriott Corporation, 1972 Annual Report
Image 17
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Marriott International, Inc.. Marriott Corporation, 1972 Annual Report - Image 17. 1972. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. August 4, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1171/show/1151.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marriott International, Inc.. (1972). Marriott Corporation, 1972 Annual Report - Image 17. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from https://digital.lib.uh.edu/collection/hiltonar/item/1171/show/1151

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marriott International, Inc., Marriott Corporation, 1972 Annual Report - Image 17, 1972, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed August 4, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1171/show/1151.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Compound Item Description
Title Marriott Corporation, 1972 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1972
Description Marriott Corporation Annual Report for the 52 weeks ending on July 28, 1972.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Marriott International, Inc.
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
Original Item Location Marriott Hotels Collection
Digital Collection Annual Reports from the Hospitality Industry Archives
Digital Collection URL http://digital.lib.uh.edu/collection/hiltonar
Repository Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston
Repository URL http://www.uh.edu/hilton-college/About/hospitality-industry-archives
Use and Reproduction No Copyright - United States
File Name index.cpd
Item Description
Title Image 17
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_043_017.jpg
Transcript JIM DURBIN WITH THE ANALYSTS: Hotels Group, Looking Ahead, Adds Rooms, Cruise Ships Emphasis on fast-growing air travel centers continues with opening of beautiful, 258-room Miami Marriott Hotel at Miami International Airport, one of nation's biggest and busiest airports 15 Your occupancy rate slid a little in fiscal 1971. Did you reverse the trend in fiscal 1972? Yes, we did a better job of keeping our rooms full, and the occupancy rate returned to exceed 80 percent, which we believe still leads the industry. Is this a sign that the business slump is over and inter-city travel is up? We believe so. Our sales increased for both the commercial transient guest and the business meeting participant, particularly in the last half of the year. How about leisure travel? This has been setting quarterly records for some time. Here is where we anticipate real growth in the 1970's. How do you break down your hotel guests by these three categories? Our mix was about the same in fiscal 72, compared with the year before. We still derive a strong 40 percent of our volume from the group business meeting. Another 30 percent is in leisure travelers. The remaining 30 percent comes from the transient business guest. In total sales all three categories were above fiscal 1971. Which have been your strongest hotels the past year? Sales were higher in every hotel. Biggest gains were in our Washington-area and Texas properties, and at our Camelback Inn and Acapulco resorts. Are any hotels below expectations? Only two, but not by much. The New York market is still off some, and our Essex House is not yet making the contribution we expect. But demand for this fine hotel continues to increase, occupancy