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Marriott Corporation, 1976 Annual Report
Image 18
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Marriott International, Inc.. Marriott Corporation, 1976 Annual Report - Image 18. 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/933.

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 18. 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/933

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 18, 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/933.

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 18
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_047_018.jpg
Transcript Jerald O. Jarrard President, Business and Professional Services 16 Business and Professional Services Group: Fast Finish for Gain at Year-End Business and Professional Services, the contract food service arm of Marriott, overcame some major obstacles in fiscal '76 and did better than expected. In-Flite Services, the mainstay of the Group catering 120 airlines from 63 kitchens, was a star performer. It rebounded strongly in the second half of the year as domestic and international airline traffic picked up sharply. Year-to- year comparisons for the Group as a whole suffered from the deliberate disposition of 18 Italian units in mid-fiscal '75, and from the termination of our management agreement for 8 restaurants on the New York Thruway in mid-76. Gains were also held back by costs incurred to improve the marketing position of our Food Service Management organization and by losses in the small Security Services division. At year-end, sales for the Group had increased 8% over fiscal '75, and profits were up 3%. But excluding the effect of discontinued operations, year-to-year gains in sales stood at 13% with profits up 14%. North American In-Flite Services began to show steady gains in the second quarter—a full quarter sooner than forecast. Airline passenger counts climbed, increasing our sales. We attracted new accounts to existing facilities and opened 3 new kitchens in West Palm Beach, Orlando and Denver. Much-needed price relief was obtained after In- Hite had absorbed increased operating costs in fiscal '75. At the start of fiscal '77 we opened a new kitchen at Atlanta, the world's second busiest airport, to serve Eastern Air Lines. This is our largest single- account flight kitchen anywhere, and it will make a major contribution to future results. We are gratified by U.S. In-FIite's sales increase of 16% for fiscal '76. Its five-year compound annual growth rate of 14.5% is almost triple that of the growth in passenger enplanements (see chart). "Special services"—meeting non-airline food service needs with In-Flite's professional management, culinary expertise and kitchen capacity — made more progress in fiscal '76 as a source of new sales. In-Flite Services is aggressively marketing the services of its flight kitchens in 25 major metropolitan U.S. cities to a variety of potential mass-feeding customers. International In-Flite Services showed marked improvement in '76 despite the loss of sales from the