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Sheraton Corporation of America, 1961 Annual Report
Image 22
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Starwood Hotels & Resorts. Sheraton Corporation of America, 1961 Annual Report - Image 22. 1961. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 16, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1325/show/1318.

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. (1961). Sheraton Corporation of America, 1961 Annual Report - Image 22. 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/1325/show/1318

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, 1961 Annual Report - Image 22, 1961, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 16, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1325/show/1318.

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, 1961 Annual Report
Creator (LCNAF)
  • Starwood Hotels & Resorts
Publisher Starwood Hotels & Resorts
Date 1961
Description Sheraton Corporation of America Annual Report for the year ending on April 30, 1961.
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 22
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_023_022.jpg
Transcript • # 20 COMPARATIVE CONSOLIDATED INCOME STATEMENT Sheraton Corporation of For the Year ended April 30,1961 April 30, 1960 GROSS OPERATING INCOME Hotels Rooms Food and Beverages Other Commercial Buildings Apartment Buildings Thompson Division Other ^ Total OPERATING COSTS AND EXPENSES Departmental Costs and Expenses Administrative and General Advertising and Promotion Heat, Electricity and Water Repairs and Maintenance Rent Real Estate and Personal Property Taxes ;• Insurance Bad Debts Expense Thompson Division Cost of Sales Other Other , Total OPERATING INCOME OTHER INCOME Dividends and Interest Other Total OTHER DEDUCTIONS FROM INCOME Depreciation Interest and Debt Expense Total ORDINARY INCOME INCOME TAXES Federal and Canadian .'„ State Total NET INCOME before Profit from Capital Transactions Profit from Capital Transactions Less: Income Taxes Thereon Net Profit from Capital Transactions Income and Profits for the Year Net Income and Profits Applicable to Minority Interests NET INCOME AND PROFITS FOR THE YEAH See Notes to Consolidated Financial Statements. $ 73,298,337 $ 73,277,540 76,465,179 72,314,694 14,759,658 14,893,987 164,523,174 160,486,221 3,694,415 3,764,978 1,599,883 1,621,243 29,730,948 34,534,713 5,250,532 3,812,587 204,798,952 204,219,742 94,446,930 89,490,130 14,625,991 15,042,790 5,892,371 6,382,429 6,129,072 6,034,188 8,495,807 9,529,962 3,031,623 2,626,931 7,121,119 6,779,379 198,574 202,384 668,903 644,357 24,386,540 28,115,106 2,602,946 2,726,715 5,701,580 4,346,058 173,301,456 171,920,429 31,497,496 32,299,313 893,780 653,264 8,221 9,024 32,399,497 32,961,601 18,181,468 16,833,225 10,170,789 9,829,272 28,352,257 26,662,497 4,047,240 6,299,104 1,654,519 2,901,672 199,799 225,201 1,854,318 3,126,873 2,192,922 • 3,172,231 1,575,635 270,253 409,493 — 1,166,142 , 270,253 3,359,064 3,442,484 124,914 349,103 $ 3,234,150 $ 3,093,381 MBMBMsmSmm