Keyword
in
Collection
Date
to
Marriott Corporation, 1975 Annual Report
Image 20
Citation
MLA
APA
Chicago/Turabian
Marriott International, Inc.. Marriott Corporation, 1975 Annual Report - Image 20. 1975. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. February 24, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1560/show/1539.

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 20. 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/1539

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 20, 1975, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed February 24, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1560/show/1539.

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.

URL
Embed Image
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 20
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_046_020.jpg
Transcript The new Marriott Hotel in suburban Denver cession deepened beginning early in the fiscal year, group business dropped off. Shrinkage in some markets reached 20 to 25%. It was the worst fall-off in the company's 18-year hotel history. The start-up costs of four new domestic properties in the year also adversely affected the U.S. division's results. However, the addition of 1709 rooms, an 18% increase, will be important to the division's future. All of the four new quality hotels are quickly establishing strong identities. They are in suburban Denver, at the new Kansas City International Airport, in the business/resort area of Newport Beach, California, and at Lincolnshire, 20 minutes north of Chicago's O'Hare Field, where the spectacular metropolitan-area resort/convention complex is running a good level of advance bookings. Occupancy declines stabilized at year-end after bottoming out in the third quarter. The worst of the recession seems to be over as fiscal 1976 begins. Also, with only one new company-owned hotel scheduled this year, in North Atlanta, start-up costs will be minimal compared to 1975. Added to these two factors will be the impetus from the The Kansas City Marriott Hotel at the new KC International Airport four properties new last year, and an anticipated spurt in the Boston, New York, Philadelphia and Washington, D.C. markets from the Bicentennial. Fiscal '76 should be a very good year for Marriott's U.S. hotels. INTERNATIONAL HOTELS is the fastest-growing segment of Marriott's lodging business. The division added three properties in 1975, and is now comprised of 4 leased operations and 4 managed properties. Total number of rooms tripled, to 2268. This is now 17% of the Marriott system. Added were the company's first European hotel, the Amsterdam Marriott; the Acapulco Ritz, third Marriott property in