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Hilton Hotels, 1951 Annual Report
Image 19
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Hilton Hotels Corporation. Hilton Hotels, 1951 Annual Report - Image 19. 1951. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. September 17, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1494/show/1485.

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. (1951). Hilton Hotels, 1951 Annual Report - Image 19. 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/1494/show/1485

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, 1951 Annual Report - Image 19, 1951, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed September 17, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1494/show/1485.

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, 1951 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1951
Description Hilton Hotels Annual Report for calendar year 1951.
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 19
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_004_019.jpg
Transcript 3~^ HILTON HOTELS CORPORATION AND SUBSIDIARIES COMPARATIVE CONSOLIDATED ASSETS Dec. 31, 1951 CURRENT AND WORKING ASSETS Cash $ 7,289,411.55 Marketable Securities—U.S. Treasury Bonds $ 710,000.00 Accounts and Notes Receivable $ 5,052,491.73 Less: Reserve for Doubtful Accounts 128,755.32 $ 4,923,736.41 Inventories of Merchandise and Supplies (At Cost) $ 2,246,847.42 Other Current Assets Cash in Banks for Payment of Income Taxes $ 1,775,156.22 Other 1,071,117.89 $ 2,846,274.11 Total Current Assets $18,016,269.49 RESTRICTED CASH — R.F.C. ESCROW CASH ACCOUNT $ 13,325.01 INVESTMENTS—(At Cost) Bermuda Development Company, Ltd $ 265,832.00 Other 26,200.00 Total Investments $ 292,032.00 fixed assets—(Note 2) Land $14,179,155.86 Buildings 52,944,188.99 Furniture and Equipment 13,310,315.81 Leasehold and Improvements 15,662,323.63 $96,095,984.29 Less: Reserve for Depreciation and Amortization 40,287,608.15 $55,808,376.14 Rehabilitation, Revisions and Alterations 3,041,100.36 Operating Equipment 2,026,796.67 Total $60,876,273.17 OTHER ASSETS AND DEFERRED CHARGES Non-Operating Property—Beverly Hills, California—Land $ 3,012,117.62 Guarantee Deposits on Leases 339,418.72 Pre-Opening Expenses 55,979.36 Organization Expenses 282,800.40 Other Assets and Deferred Charges ' 461,346.72 Total $ 4,151,662.82 total assets $83,349,562.49 Dec. 31, 1950 $ 6,996,985.66 $ 710,000.00 $ 4,490,197.94 138,648.96 $ 4,351,548.98 $ 1,976,790.68 $ 1,420,897.62 934,602.53 $ 2,355,500.15 $16,390,825.47 $ 265,832.00 398,200.00 $ 664,032.00 $14,138,117.43 52,467,098.28 13,912,248.41 14,745,932.04 $95,263,396.16 40,114,587.88 $55,148,808.28 2,689,795.24 1,787,204.73 $59,625,808.25 $ 3,012,117.62 319,599.33 111,958.71 264,857.55 425,645.53 $ 4,134,178.74 $80,814,844.46 NOTE: Notes to Financial Statements form an integral part of this statement and should be considered in connection therewith.