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Marriott's l987 profits were $223million on sales of 56.5binion.See Exhibit l for a summary of Marriott's financial history.
Marriott had three major lines of business: lodging, contract services, and restaurants. Exhibit 2 summarizes its line-of-business data. Lodging operations included 361 hotels, with more than l 00,000 rooms in total...
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Hotels ranged from the fun-service, high-quality Marriott hotels and suites to the moderately priced Fairfield Inn. Lodging generated 41 % of l987 sales and 5l% of profits.
Contract services provided food and services management to health-care and educational institutions and corporations. It also provided airline catering and airline services through its Marriott In-Flite Services and Host International operations...
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