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Marriott Corporation, 1984 Annual Report
Image 6
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Marriott International, Inc.. Marriott Corporation, 1984 Annual Report - Image 6. 1984. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 21, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/439/show/396.

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.. (1984). Marriott Corporation, 1984 Annual Report - Image 6. 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/439/show/396

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, 1984 Annual Report - Image 6, 1984, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 21, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/439/show/396.

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, 1984 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1984
Description Marriott Corporation Annual Report for calendar year 1984.
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 6
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_056_006.jpg
Transcript As a result of these types of transactions, all Marriott hotels now under construction are financed. Dispositions. Since 1983, Marriott has decided to dispose of its theme parks, dinner houses and Mexican restaurants for a total consideration of more than $310 million. All will be sold for amounts exceeding book value. We decided to sellthe two theme parks because of limited growth opportunities and dramatic appreciation in the value of land under one park. In restaurants, we are focusing our management efforts on the coffee shop and fast food segments, because they are more stable and present greater opportunities for chain leverage. TRADITIONAL VALUES Underlying our growth strategy is the continuing effort to reinforce Marriott's traditional values and strengths as our company grows larger and more complex. Our commitment is three-fold: Quality products, friendly and efficient service. Our reputation has been built on dedication to consistent product quality, with friendly and efficient service to millions of customers each day. We communicate our standards throughout the company so that our employees are well trained and motivated to deliver the performance consumers expect. Fair treatment. Because Marriott is a service company, our performance is unusually dependent upon people. We have always tried to treat employees with dignity and respect at every level of our organization. To attract and retain good people, we will continue to provide an atmosphere of fair treatment and dynamic growth. Hands-on management. Since its beginning, Marriott has been a company of operators and entrepreneurs. We believe it is critically important for management at every level to stay in direct touch with operations and customers. Our 1984 achievements and strong future prospects are made possible by the exceptional ability and dedication of our management and employees. We are proud of our people and are grateful for their outstanding contributions. \Wa*W forUs*^ ■ J. Willard Marriott Founder and Chairman of the Board f](A)'~Ma*^^-fi J.W. Marriott, Jr. President and Chief Executive Officer March 11,1985