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Marriott Corporation, 1979 Annual Report
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Marriott International, Inc.. Marriott Corporation, 1979 Annual Report - Image 8. 1979. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. December 2, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/637/show/606.

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.. (1979). Marriott Corporation, 1979 Annual Report - Image 8. 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/637/show/606

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, 1979 Annual Report - Image 8, 1979, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed December 2, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/637/show/606.

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, 1979 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1979
Description Marriott Corporation Annual Report for calendar year 1979.
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 8
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_051_008.jpg
Transcript Riyadh Marriott —Saudi Arabia with the acquisition of the 341-room Breckenridge Pavilion. Work already is under way to double the size of this successful property. The other was a 502-room hotel introduced to the San Antonio market at year-end. Two Major Resorts Added Another suburban property was added in a well-established Marriott market: metropolitan Washington, D.C. The area's fifth Marriott Hotel opened in Bethesda, Maryland with 354 rooms. Two major resorts were added, giving the company eight. All are located in areas that remain attractive even in economic downturns and are convenient to airline travelers. As the year began, the spectacular new Rancho Las Palmas Resort near Palm Springs opened. And the popular Marco Beach Hotel & Villas on the southwest tip of Florida came under Marriott management at mid-year. In the Middle East, where the first Marriott Hotel opened in 1978, two more hotels began operations under management contract. They are in Dhahran, Saudi Arabia and in Kuwait City, Kuwait. It is important to note that of the 3,000 rooms new in 1979,15% were additions to existing hotels. Expanding established hotels with the basic physical plant in place significantly enhances profits. years of the new decade, Marriott Hotels' number of rooms is forecast to grow at 20% to 25% annually. The company will pass the 50,000- room mark by the mid-'80s and now has 50 hotels in various stages of development. More than half of these will be opened under management contract and owned by other investors—a strategy that facilitates expansion, improves return on capital and minimizes debt. Focus on Management To ensure skilled management of this aggressive growth, Marriott Hotels have intensified human resource development. Expenditures for training and recruiting are being increased markedly. Sophisticated programs are aimed toward developing hotel managers of the future. Certain executives are being chosen to participate in advanced studies, such as Harvard and Stanford Business School programs. Marriott Hotels continue to earn more Mobil Guide "4-Star" awards, signifying "Outstanding," than any other hotel system. It is on this foundation-for-excellence that Marriott Hotels head into a very bright future. 1980s Outlook Bright There will be more growth in the 1980s as the company keeps up the expansion pace. For at least the early Fabulous Marco Beach Hotel & Villas at Marco Island, southwest tip of Florida