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While international expansion drew the spotlight
because of three openings, the Company also moved
ahead rapidly to meet the increasing demand for
hotel space within the United States. Work was
commenced on plans during 1958 for new Hilton
hotels in San Francisco, California, and Portland,
Oregon, and construction proceeded on The
Pittsburgh Hilton and The Denver Hilton.
Consideration is being given to a $25 million,
1200-room hotel to be erected on a site in downtown San Francisco, bounded by O'Farrell, Mason,
Taylor, and Ellis Streets, adjoining the new air
terminal building. This site was acquired, at a cost
of $3,184,090, by King Management Company, a
wholly owned subsidiary of this Company. Plans
being prepared will emphasize landscaping, outstanding public rooms, and functional layout, and
will incorporate a number of advances in design.
The Portland Hilton is to be a $10 million,
17-story, 500-room structure in the shadow of beautiful Mt. Hood. It will be landscaped in scenic
plazas and gardens, and equipped with the most
modern innovations in hotel construction. A cocktail lounge and dining room on the roof will over-
look the city. The hotel will be owned by
Metropolitan Hotel Corporation, which was organized for this purpose by a group of leading Portland
citizens. Metropolitan Hotel Corporation is now a
wholly owned subsidiary of your Company.
The Pittsburgh Hilton, a 22-story, $15 million
hotel in the Gateway Center district of Pittsburgh's
Golden Triangle, is scheduled to open late this year.
In keeping with the progressive spirit of the
Gateway development, the 800-room Pittsburgh
Hilton will be as modern as technology and the
science of hotel operations will permit.
In September, Hilton Hotels Corporation signed
an agreement with Webb & Knapp, Inc., to operate an 843-room hotel currently under construction
in its Courthouse Square development in Denver.
Under the terms of the agreement, Hilton Hotels
Corporation will lease the hotel from Webb &
Knapp, Inc., for 35 years, with options for three
extensions of 25 years each. Rental above a fixed
minimum is based on a percentage of profits. The
21-story Denver Hilton will have the largest convention facilities in the Rocky Mountain area. Its
opening is scheduled for early next year.
Facilities in the Courthouse Square development
which will not be operated by your Corporation
include a department store, specialty shops, an
underground parking facility for 2,000 cars, and a
plaza area with an ice skating rink. The entire
project totals more than 2 million square feet.
The Denver Hilton has four underground levels,
including a concourse connecting the hotel and the
department store. A tea room in the concourse will
be operated by the hotel. A bridge over Court Place
will also connect the hotel and department store.
The lobby will have direct access to private dining
rooms, assembly rooms, cocktail lounge, and ballroom. The ballroom, one of the largest in the
nation, will accommodate 2,500 persons.
In July, 1958, the San Antonio Hilton Hotel
completed the addition of 50 guest rooms in a
separate building located across the street from the
hotel. The San Antonio Hilton Inn features a swimming pool and garden area lined with palm trees.
NUMBER OF ROOMS AT YEAR'S END
1949 1950 1951 1952 1953 1954 1955 1956 1957 1958