University of Houston Digital Library: Annual Reports from the Hospitality Industry Archives: Marriott Corporation, 1978 Annual Report

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Marriott Corporation, 1978 Annual Report

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Marriott International, Inc.. Marriott Corporation, 1978 Annual Report - Image 10. 1978. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 24, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/828/show/797.

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Marriott International, Inc.. (1978). Marriott Corporation, 1978 Annual Report - Image 10. 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/828/show/797

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Marriott International, Inc., Marriott Corporation, 1978 Annual Report - Image 10, 1978, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 24, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/828/show/797.

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Compound Item Description

Title	Marriott Corporation, 1978 Annual Report
Creator (LCNAF)	Marriott International, Inc.
Publisher	Marriott International, Inc.
Date	1978
Description	Marriott Corporation Annual Report for the year ending on July 31, 1978.
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

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Item Description

Title	Image 10
Format (IMT)	image/jpeg
File Name	hiltonar_201609_049_010.jpg
Transcript	Marina del Rey, California; and the 1,214-room Chicago Marriott on North Michigan Avenue. The Chicago Marriott is the company's largest property—as well as the largest hotel to open in the United States in 1978. The hotel opened to a full house in May, and already is matching the occupancy rate of established competitors in the city. At fiscal year-end, 57% of the company's 17,000 rooms were operated by Marriott for other owners. This is after the completion of the sale of five properties to a major insurance company. These five hotels continue with the Marriott name, Marriott management and Marriott standards—and will provide good fees in the future. They are in Los Angeles, Philadelphia, St. Louis, Dallas (Stemmons Freeway) and Washington, D.C. (Twin Bridges). Expansion at Record Pace ressive expansion is ahead for the Hotels Group. Profits should grow 15% annually over the next five years on the basis of new rooms alone. By the end of 1979, 3,200 more company- operated rooms will be added to the system. The existing New Orleans Marriott will be expanded by 430 rooms, making it the company's