The company closes its last Hot Shoppe restaurant located at Marlow Heights Shopping Center in the Washington metropolitan area. For the eighth year in a row, Marriott International was named one of the 100 Best Companies for Working Mothers by Working Mother magazine. Marriott International announced it converted the Parc 55 Hotel in San Francisco to a Renaissance hotel and designated it as Marriott's 1,500th hotel world-wide. Bill Marriott retains position of chairman and chief executive officer.
Plan includes sale of company's fast food and family restaurants.
Company plans to sharpen its focus on megamarkets in lodging and contract services. With over 6,000 journalists in attendance, event represents one of the largest gathering of media in world history. J.W. Marriott, Jr. named chairman of the board. October 1983 First Courtyard by Marriott moderate price segment hotels open near Atlanta, Georgia. J.W. Marriott, Jr. succeeds his father as chief executive officer.