Keyword
in
Collection
Date
to
Hilton Hotels, 1958 Annual Report
Image 33
Citation
MLA
APA
Chicago/Turabian
Hilton Hotels Corporation. Hilton Hotels, 1958 Annual Report - Image 33. 1958. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 24, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1383/show/1379.

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 33. 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/1379

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 33, 1958, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 24, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1383/show/1379.

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.

URL
Embed Image
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 33
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_011_033.jpg
Transcript Five-Years Summary of Consolidated Earnings 1958 1957 1956 1955 1954 GROSS REVENUE Rooms Department $ 91,337,695 Food and Beverage Department 97,716,369 Other Operated Departments 15,981,552 Other Income 4,792,358 Store Rentals 3,226,803 Office Building Rentals 1,051,240 Interest on Investments 986,424 total gross revenue $215,092,441 EXPENSES Operated Departments $117,152,633 Administrative and General 13,430,673 Advertising and Business Promotion 5,517,631 Heat, Light and Power 8,640,889 Maintenance and Repairs 11,481,566 Lease Rentals 17,692,715 Real Estate and Personal Property Taxes 7,237,595 Depreciation and Amortization 8,664,490 Interest 2,943,521 Other Operating Costs — Other Capital Charges 2,679,891 total expenses $195,441,604 profit before other additions or deductions . . $ 19,650,837 $ 87,637,170 92,342,835 15,546,591 4,674,023 3,043,641 1,038,372 1,028,392 $ 85,082,755 89,264,241 15,368,355 4,880,387 2,696,413 929,189 643,856 81,566,520 84,832,829 15,059,221 4,362,857 2,460,510 956,194 218,432 50,060,666 55,754,805 10,623,234 2,373,050 1,797,463 150,401 224,848 $205,311,024 $198,865,196 $189,456,563 $120,984,467 104,240,790 20,948,951 4,959,185 7,533,431 12,071,380 16,356,814 6,798,719 8,158,931 2,631,683 2,860,897 101,203,461 19,757,908 4,630,761 6,962,626 10,715,822 15,947,004 5,943,901 8,002,590 2,675,215 2,349,648 97,545,612 18,809.063 4,238,618 6,685,988 10,687,111 15,603,606 6,123,974 7,728,292 3,116,942 1,674,560 64,529,241 12,420,434 2,955,153 4,134,904 6,833,119 8,660,280 3,249,568 4,627,952 1,685,551 47,035 1,208,860 186,560,781 $178,188,936 $172,213,766 $110,352,097 $ 18,750,243 $ 20,676,260 $ 17,242,797 $ 10,632,370 OTHER ADDITIONS OR (DEDUCTIONS) Contribution to Pension Trust $ (1,051,475) $ (1,061,866) $ (962,900) Adjustments for Prior Years — — — Sundry Others—Net (177,530) (75,571) 173,836 Provision for Income Taxes (9,617,056) (8,883,332) (10,264,141) total other additions or (deductions) $(10,846,061) $(10,020,769) $(11,053,205) net profits from operations $ 8,804,776 $ 8,729,474 $ 9,623,055 SALE OF PROPERTIES Gain on Sale of Properties $ 1,865,899 $ 1,939,405 $ 9,635,578 Provision for Capital Gains Tax 466,475 484,851 2,470,423 net profit on sale of properties $ 1,399,424 $ 1,454,554 $ 7,165,155 total net profit $ 10,204,200 $ 10,184,028 $ 16,788,210 Deduct Minority Interest 101,010 120,410 35,841 NET PROFIT $10,103,190 $10,063,618 $16,752,369 (603,000) 87,286 144,523 (5,430,162) $ (9,184,022) $ (5,801,353) $ 8,058,775 $ 4,831,017 (917,150) 113,684 159,227 3,539,783) $ 1,470,001 $ 1,237,842 367,500 321,839 s 1,102,501 $ 916,003 $ 9,161,276 $ 5,747,020 56,516 8,947 s 9,104,760 $ 5,738,073 FOR THE FIVE YEARS ENDED DECEMBER 31, 1958 • AND SUBSIDIARIES 31