Host Marriott Services Corp.

From the April 28, 1997 Washington Post

	'96 (in $ 000s)	% Change From '95
Revenue	1,277,700	10.3
Net Income	14,300	--
Rank Last Year: 18

Description:
Host Marriott Services is a food, beverage and retail concessionaire for nearly 200 toll roads and highway rest stops, sports and entertainment venues and airports. The company was spun off from Host Marriott Corp. at the end of 1995. The company's stands operate under license agreements with brand-name partners including Burger King, Starbucks, Taco Bell and California Pizza Kitchen.

Business Resume: Contact Info -- 6600 Rockledge Dr. Bethesda, Md. 20817 301-380-7000 Main Business -- Concessions operator Founded -- 1995 Chairperson -- William J. Shaw President -- William M. McCarten (CEO) Employees -- 23,000 D.C.-Area Employees -- 1,526

Developments:
Host Marriott's earnings bounced back last year on double-digit revenue growth at airport concessions, stemming from a 7 percent increase in the number of passengers flying at the company's airport locations. The company added two international contracts at Cairns International Airport in Australia and Montreal International Airport-Dorval in Canada.

Host Marriott also opened its first shopping mall food court at Ontario Mills in California, with a second such outlet scheduled to open in November at Grapevine Mills in Texas. Travel plaza revenue increased only slightly on minimal road traffic growth nationally and moderately higher prices. As a result, the company increased its net income for the fiscal year ended in January, compared with a loss in the prior year.