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Hilton Hotels, 1958 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1958 Annual Report - Image 6. 1958. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 20, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1383/show/1352.

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. (1958). Hilton Hotels, 1958 Annual Report - Image 6. 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/1383/show/1352

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, 1958 Annual Report - Image 6, 1958, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 20, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1383/show/1352.

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, 1958 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1958
Description Hilton Hotels Annual Report for calendar year 1958.
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 6
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_011_006.jpg
Transcript later in the year. Operating profits, when compared with those for the like periods of 1957, recovered sharply in the second half, more than overcoming the decline registered in the first half of the year. The gain in operating earnings was achieved despite substantial losses experienced by The Habana Hilton, which were caused by the extensive political unrest in Cuba throughout the year. The restoration of peace in that country should improve the Havana operations this year. Two Hilton Inns are nearing completion; construction will begin this spring on a third, and plans are being drawn for a fourth. Many other Hilton Inns are in the offing across the country. Carte Blanche was introduced late in 1958, offering new concepts in a credit credential. An affiliate, Hilton Credit Corporation, was established to handle this operation. Early in 1959, our stockholders received rights to purchase stock of that company. The opening of the Pittsburgh and Denver Hilton hotels, and the San Francisco and New Orleans Hilton Inns, will highlight the domestic expansion program for the current year. The Nile Hilton, in Cairo, Egypt, opened its doors on February 22. Construction is under way, or is anticipated to commence during the year, in Athens, Amsterdam, Rotterdam, and Port-of-Spain, Trinidad. The tremendous acceleration in world travel has increased the great demand for hotels built and operated according to fine international standards. Hilton Hotels Corporation has set the pace in the operation of such hotels. As the jet age dawns, travel will increase even faster than the rapidly expanding population. Accordingly, your Corporation, as the world's leading host, will continue the high standards of operation, not only of its existing facilities, but will expand further to meet the growing and changing demands of the industry. -f-f&w tve -Ha*/& YEARS ENDED DECEMBER 31 GROSS REVENUE NET PROFIT OR (LOSS) (excluding minority interest) From Operations From Sale of Properties total EARNINGS PER COMMON SHARE* From Operations From Sale of Properties TOTAL WORKING CAPITAL AT DECEMBER 31 EARNED SURPLUS AT DECEMBER 31 (excluding surplus reserves) OUTSTANDING STOCK AT DECEMBER 31 (number of shares) First Preferred—Series A First Preferred—Series B (Convertible) Cumulative Voting Preferred Stock- Series A Convertible Preference Common * ♦Adjusted for the two-for-one stock split in 1956 PRESIDENT March 10, 1959