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Marriott Corporation, 1976 Annual Report
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Marriott International, Inc.. Marriott Corporation, 1976 Annual Report - Image 10. 1976. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 4, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/956/show/925.

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.. (1976). Marriott Corporation, 1976 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/956/show/925

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, 1976 Annual Report - Image 10, 1976, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 4, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/956/show/925.

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, 1976 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1976
Description Marriott Corporation Annual Report for the 52 weeks ending on July 30, 1976.
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 10
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_047_010.jpg
Transcript Restaurant Group: Fiscal 76 "Excellent Year" for Four of Five Divisions G. Michael Hostage Corporate Executive Vice President In Restaurant Operations, all major operating divisions but one had an excellent year in fiscal 1976. Group sales were up 18%, customer counts were generally ahead, and profit margins for most comparable units improved despite only minimal price increases. There was a net increase of 17 units in the Group as 34 new restaurants were opened and 17 generally older and unprofitable units were closed. The Roy Rogers, Big Boy, Dinner House and Hot Shoppes divisions finished the year with a collective 33% profit increase—even after writing off $600,000 for marginally profitable units. For the Group as a whole, however, profits were up only 7% after the impact of a disappointing year for the Farrell's division. Total unit expansion in fiscal 1977 should be about double that of 1976, and concentrated in Roy Rogers, Dinner Houses and Big Boys. Big Boy Coffee Shop sales reached the $100 million mark in fiscal 1976. The division now has more sales and units than all of Marriott Corporation did in fiscal 1965. Excellent profit gains for the division included improved profit margins for comparable units as well as results from 14 new units in California, Maryland and Virginia. Manner's Big Boy in Ohio registered modest sales and profit increases despite the closing of 4 marginal units. Big Boy franchise and retail sales also contributed to the division's strong year. Included in the results was the successful introduction, in the highly competitive Southern California market, of a new refrigerated Bob's salad dressing. Fiscal 1977 will be a year of increased unit expansion for Big Boy both on the East Coast and in the West. 72 73 74 75 76 S134 S165 $204 S253 1239 GROUP SALES (In millions) Five-Year Compound Growth: 22.4%