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Marriott Corporation, 1975 Annual Report
Image 16
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Marriott International, Inc.. Marriott Corporation, 1975 Annual Report - Image 16. 1975. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 5, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1560/show/1535.

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.. (1975). Marriott Corporation, 1975 Annual Report - Image 16. 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/1560/show/1535

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, 1975 Annual Report - Image 16, 1975, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 5, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1560/show/1535.

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, 1975 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1975
Description Marriott Corporation Annual Report for the 52 weeks ending on July 25, 1975.
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 16
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_046_016.jpg
Transcript 14 should start showing gains by the second half. IN-FLITE INTERNATIONAL results lagged behind last year. Seven kitchens plus other units in Italy were disposed of at mid-year. They had annual sales of about $15 million. However, in the transaction, Marriott acquired the remaining minority interests in kitchens at Madrid and Malaga, Spain; Lisbon and Faro, Portugal; Athens (except for 10%), Frankfurt and Johannesburg. Foreign totals will continue to reflect unfavorable year-to-year comparisons into fiscal 1976 because of this change, but over the long term the transaction will improve earnings. In-Flite profits from European operations also were affected by a decline in international airline traffic caused by a sharply higher cost of trans-Atlantic travel and instability in Greece and Portugal. However, continued marketing efforts yielded several new accounts by year-end. Also, during the summer, traffic improved at London's Heathrow Airport, and business at In-Flite kitchens in Spain was strong. Results in South America were good in 1975 although inflation and devaluation losses are running at all-time highs in some countries. AIRLINE TERMINAL RESTAURANTS did very well in fiscal '75—for the second consecutive year. Sales increases were moderate, but continued improvement in operating efficiencies produced a good profit gain. Results also were bolstered by the Dulles International Airport restaurant complex— enjoying its first full year under Marriott operation. Currently Marriott operates seven terminal food service facilities in the U.S. and three in South America. Experienced-Dedicated-Friendly— Hallmarks of Marriott service to the airline industry.