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| Title | Hilton Hotels, 1953 Annual Report |
| Creator (LCNAF) |
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| Publisher | Hilton Hotels Corporation |
| Date | 1953 |
| Description | Hilton Hotels Annual Report for calendar year 1953. |
| Subject.Topical (LCSH) |
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| Subject.Name (LCNAF) |
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| Genre (AAT) |
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| Language | English |
| Type (DCMI) |
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| 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 |
| Title | Image 12 |
| Format (IMT) |
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| File Name | hiltonar_201609_006_012.jpg |
| Transcript | the finest possible physical condition. Only in this way can we compete with other existing hotels and with properties which may be built in the future. During 1953 the extensive improvement program being carried out in The Jefferson was substantially completed. As previously mentioned, a modernization program to cost $2,400,000 is now under way at the Deshler Hilton. At the Hilton Hotel in Fort Worth, Texas, the landlord is spending $1,000,000 and your Corporation $400,000 for extensive modernization and improvements. All of the guest rooms will be rebuilt, the elevators modernized and new air conditioning equipment installed. A new lobby coffee shop, dining room and store space, including a drug store, will be construed.' A^so a two story annex is being replaced by a three story modern building with a rooftop swimming pool and terrace, which building will house a new club. Other improvements during the year included the modernization and expansion of the Peacock Lounge at The Waldorf- Astoria and the expansion of the Coffee House at The Roosevelt to about double its previous size. The Hilton Hotel in Albuquerque was completely air conditioned during the year. Personnel The year witnessed the well-earned promotion of several of our executives to positions of greater responsibility. Mr. Joseph P. Binns was elected to the Board of Directors on October 2, 1953. Mr. Binns is vice president in charge of Hilton Hotels in the eastern section of the country. At The Waldorf-Astoria he is executive vice president and general manager. Frank G. Wangeman, who has been general manager at The Roosevelt and The Plaza, was named general manager of the Hotel New Yorker. Porter P. Parris left his position of resident manager of The Conrad Hilton to succeed Mr. Wangeman as general manager of The Plaza, and Wallace W. Lee became general manager of The Roosevelt. Truett I. Gore, formerly resident manager of The Palmer House, was appointed general manager of The Deshler Hilton. The Corporation's relations with its 15,000 workers continued on a harmonious basis in 1953. The fine spirit displayed by Hilton employees during the year contributed much to the success of the Corporation. For its part and in recognition of this loyalty on the part of its employees, Hilton Hotels Corporation and its subsidiaries contributed $500,000 to the Hilton Hotels Pension Plan, a program designed to assure financial independence for retired Hilton employees. The Corporation bears the entire cost of this plan, which was adopted in 1951. Shareholders as Guests From time to time, shareholders have occasion to visit cities in which the Corporation has properties. We urge you to stay with us and assure you that you will be most welcome. You may find it convenient to utilize your Hilton credit card which entitles you to charge and to check cashing privileges. Conclusion Your Corporation in 1953 improved its financial and competitive position as the world's leading operator of hotels. Based on existing bookings, our business in 1954 should also be good. We enter the new year with confidence in the continued growth and progress of your Corporation. Conrad N. Hilton, President Hilton Hotels Corporation March 4, 1954 11 |