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Sheraton Corporation of America, 1953 Annual Report
Image 7
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Starwood Hotels & Resorts. Sheraton Corporation of America, 1953 Annual Report - Image 7. 1953. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 19, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1006/show/988.

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.

Starwood Hotels & Resorts. (1953). Sheraton Corporation of America, 1953 Annual Report - Image 7. 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/1006/show/988

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.

Starwood Hotels & Resorts, Sheraton Corporation of America, 1953 Annual Report - Image 7, 1953, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 19, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1006/show/988.

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 Sheraton Corporation of America, 1953 Annual Report
Creator (LCNAF)
  • Starwood Hotels & Resorts
Publisher Starwood Hotels & Resorts
Date 1953
Description Sheraton Corporation of America Annual Report for the year ending on April 30, 1953.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Starwood Hotels & Resorts
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
Original Item Location Conrad N. Hilton Papers
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 7
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_020_007.jpg
Transcript program has recently been illustrated in Cincinnati and Detroit where Sheraton's earlier hotels were disposed of when larger and more appropriate hotels were acquired. Recent sales of former Sheraton Hotels in cities where Sheraton is now represented by larger properties has made possible a program of increasing the Company's holdings in hotels where a substantial minority interest existed. An indication of the increase in Sheraton's percentage ownership during the past year in subsidiary corporations which own the individual hotels, is provided by the following comparisons: The ownership in the Copley Square Trust, owning the Sheraton Plaza Hotel in Boston, was increased from 81% to 94%. The ownership in the Park Sheraton Hotel has been increased from 59% to 68%. The ownership in the Pittsburgh Sheraton Hotel was increased from 62% to 65%. The percentage of the stock of Sheraton Ltd. in Canada owning the group of hotels formerly known as the Cardy Hotels has been increased from 94% to 99%. The original acquisition nearly three years ago involved only 60% of the Class A issue. (Sheraton's original purchase included 100% of the Class B stock.) New Construction Based on your Company's experience with the new 1000-room postwar Laurentien Hotel in Montreal, the officers and directors of your Company believe that the construction of new hotels in the United States is desirable and will be profitable. The Laurentien was constructed by the Ford Hotels in 1948, just prior to the acquisition of that organization by Sheraton. Many of the key men identified with the construction of the Laurentien are now with Sheraton. As a result of the success of the Laurentien, a long-term lease has been negotiated with the Pennsylvania Railroad Company for close to an acre of land in the heart of Philadelphia, in the area generally known as the Penn Centre Development. On this land Sheraton proposes to build a new 1000-room hotel designed to provide Philadelphia with as fine hotel accommodations as can be found anywhere. It is hoped that plans will soon be on the drawing boards so that the new Sheraton for Philadelphia may, in the near future, become a reality. Other projects under consideration are an extension of 600 rooms for the Chicago Sheraton and the addition of some 200 rooms each for the Sheraton-Belvedere in Baltimore and the Sheraton in Rochester. In the Research Kitchen at the Sheraton Plaza in Boston, new and tempting dishes are developed, under the watchful eye of the Director of Sheraton Food Research. Once a new dish has met specifications, which are high, the recipe is transmitted to all the Sheraton Hotels. Here a new salad is shown to top kitchen personnel at the Sheraton-Belvedere in Baltimore. From hors d'oeuvres to French pastry, Sheraton Chefs are past masters in the art of preparing food. From its inception in the Research Kitchen to final appearance on the dining room table, each dish is an individual work of art.