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Marriott Corporation, 1974 Annual Report
Image 17
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Marriott International, Inc.. Marriott Corporation, 1974 Annual Report - Image 17. 1974. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 23, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/678/show/654.

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.. (1974). Marriott Corporation, 1974 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/678/show/654

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, 1974 Annual Report - Image 17, 1974, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 23, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/678/show/654.

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, 1974 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1974
Description Marriott Corporation Annual Report for the 52 weeks ending on July 26, 1974.
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_045_017.jpg
Transcript Wi flr ■saS' ^-- jr&a^ aKfS3^ ^ r - "55 i ti * a policy to manage certain properties on a management fee basis as well as own our hotels. A major step this year was an agreement reached with Sea Pines Company to jointly manage and operate resort facilities at Palmas del Mar in Puerto Rico and Amelia Island Plantation near Jacksonville, Florida. By year- end we had a total of 172 rooms in our system from these two resort communities. In fiscal 1975 this number will increase to approximately 1,000. Ultimately, over 24,000 rooms are expected to be built by Sea Pines at the two locations—the majority of which we expect to manage for rental. We are very pleased to associate with Sea Pines, which has an excellent reputation for high-quality resorts. Our expansion for the future goes forward. In the United States, we will begin operations in the first half of fiscal 75 at the new Kansas City International Airport and at Denver; and in the second half at Newport Beach, California, and at a large and exciting near-Chicago resort at Lincolnshire, Illinois, where advance bookings are off to a fast start. Various phases of planning will be completed this year for new properties in North Atlanta; Bethesda, Maryland; along the New Jersey Turnpike; and Santa Clara, California, at "Marriott's Great America" theme park. CONDOMINIUM PROGRAM We stepped up our condominium program this year, and we expect this activity to make an increasing contribution to future results. At Camelback Inn, Scottsdale, Arizona, another 110 units were sold, bringing to 206 the total sold in two years. Right-of-ownership at this famous resort now includes exchange privileges for lodging in other Marriott cities and partial credit for Sun Line cruises. Marriott's Essex House in New York City also is being converted in part to the condominium concept. We expect that about 200 suites will be sold, principally to corporations and some individuals requiring high-quality New York accommodations. With the remaining facilities, the Essex House will continue as one of New York's most prestigious hotels serving corporate and other transient guests. FRANCHISED MARRIOTT INNS The franchise division of the Marriott Hotels Group completed the year with good profit gains. The number of franchised rooms increased 34 percent in fiscal 74 to 2,675 rooms. Two new properties opened, in Indianapolis 15