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Hilton Hotels, 1959 Annual Report
Image 26
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Hilton Hotels Corporation. Hilton Hotels, 1959 Annual Report - Image 26. 1959. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 3, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1208/show/1197.

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.

Hilton Hotels Corporation. (1959). Hilton Hotels, 1959 Annual Report - Image 26. 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/1208/show/1197

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.

Hilton Hotels Corporation, Hilton Hotels, 1959 Annual Report - Image 26, 1959, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 3, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1208/show/1197.

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 Hilton Hotels, 1959 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1959
Description Hilton Hotels Annual Report for calendar year 1959.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Hilton Hotels Corporation
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 26
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_012_026.jpg
Transcript Assets CURRENT ASSETS Cash Accounts and notes receivable Less: Reserve for doubtful accounts Inventories of merchandise and supplies— (at cost) Other current assets Installment sales contract and other notes— payments receivable within one year— (Note 2) Prepaid expenses Sundry—other Total Total current assets INVESTMENTS—(Notes 1 and 2) Capital stocks Installment sales contract and other notes Securities and indebtedness of affiliate—not current Other investments Less: Amounts due within one year—(above) Investments in and advances to non-consolidated foreign subsidiaries and divisions of Hilton Hotels International, Inc. — (Note 1) Total investments FIXED ASSETS—(Note 3) Land Buildings Furniture and equipment Leaseholds and improvements Less: Reserve for depreciation and amortization Revisions and alterations Operating equipment Total OTHER ASSETS AND DEFERRED CHARGES Non-operating property—land Preopening and preliminary investigation expenses Organization expenses Unamortized mortgage and loan expenses and discount Other assets and deferred charges Total TOTAL ASSETS DEC. 31, 1959 $ 33,545,410.70 12,293,998.27 392,002.15 11,901,996.12 4,059,334.27 16,300,250.68 2,076,956.86 411,774.42 18,788,981.96 68,295,723.05 27,317 86,708 44,812 35,708 125.16 ,131.47 ,916.83 583.82 194,546 68,575 ,757.28 ,077.36 125,971 7,737: 679.92 500.37 5,191,110.39 138,900,290.68 324,416.27 1,656,883.70 414,283.96 5,385,005.87 1,145,169.72 8,925,759.52 $241,090,197.57 DEC. 31, 1958 30,021,144.08 14,427,982.00 390,168.29 14,037,813.71 3,665,906.93 2,710,988.62 1,647,387.29 452,338.16 4,810,714.07 52,535,578.79 2,026,662.72 18,523,008.39 4,500,000.00 13,498,209.47 439,162.72 21,823,008.68 4,500,000.00 796,556.97 38,547,880.58 16,300,250.68 27,558,728.37 2,710,988.62 22,247,629.90 24,847,739.75 2,720,794.42 2,566,961.60 24,968,424.32 27,414,701.35 24,141 86,357 40,617 26,460 919.47 ,528.97 183.42 ,532.30 177,577, 64,951. 164.16 458.14 112,625 7,524 ,706.02 ,608.59 4,748,933.84 124,899,248.45 324,416.27 698,340.87 370,887.85 244,859.97 1,155,786.15 2,794,291.11 207,643,819.70 The 1958 figures have been restated and differ from those previously reported due to a change in the basis of consolidation as disclosed in the accompanying notes to financial statements. Notes to Financial Statements form an integral part of this statement and should be considered in connection therewith. 24 HILTON