Keyword
in
Collection
Date
to
Marriott Corporation, 1974 Annual Report
Image 24
Citation
MLA
APA
Chicago/Turabian
Marriott International, Inc.. Marriott Corporation, 1974 Annual Report - Image 24. 1974. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 22, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/678/show/661.

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 24. 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/661

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 24, 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 22, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/678/show/661.

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, 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 24
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_045_024.jpg
Transcript 22 crisis and sharply higher air fares took effect almost world-wide. Traffic in Europe, and on the trans-Atlantic routes, has been particularly disappointing. However, sales at our European kitchens have risen more than 25% as airlines have been attracted to our new facilities which opened late in fiscal '73. Reorganization and tight new controls have placed us in a much improved operating position in Northern Europe as we enter the new fiscal year. Unusual start-up difficulties which persisted at Frankfurt and London had a substantial negative impact on our Group's total results . . . but they are behind us now. And in Southern Europe, results were mixed. We opened a second kitchen in Milan, Italy. Also opened in Europe the past year is the largest airport commissary/flight kitchen in the world, at the new Charles de Gaulle airport outside Paris. Marriott, in a joint venture with Air France, provides technical and advisory services for this "airport-of-the-future" facility. GOOD YEAR IN SOUTH AMERICA For the second consecutive year, sales and earnings in South America were up materially. Our kitchens there have the greatest sales per square foot of any of our world regions, and we are pleased with the efficiencies that our management and employees have been able to effect. We also are gratified at the results of our sales program. A third of the increase in South American sales came from new business, which is a tribute to our marketing people and our reputation as the premier airline caterer in South America. In both of these world regions, Europe and South America, inflation has been especially damaging. Wage costs, for instance, have skyrocketed. But we are managing our way around the problem, as reflected by our increasing productivity rates. We remain confident in the future demand for our services at home and abroad even with the new variable of energy shortages. The major effect of the energy crunch on our industry is, of course, to inflate drastically the costs of fuel for our airline clients. In the sense that we really are a functional part of the airlines, we are working closely with them to help realize every reasonable economy without jeopardizing the quality of their food service. Barring a world-wide economic decline and actual reduction in numbers of airline passengers, we look for important gains in fiscal '75. V -.' J&mwEST ORIENT..