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Sheraton Corporation of America, 1952 Annual Report
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Starwood Hotels & Resorts. Sheraton Corporation of America, 1952 Annual Report - Image 8. 1952. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 13, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/174/show/161.

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.

Starwood Hotels & Resorts. (1952). Sheraton Corporation of America, 1952 Annual Report - Image 8. 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/174/show/161

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.

Starwood Hotels & Resorts, Sheraton Corporation of America, 1952 Annual Report - Image 8, 1952, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 13, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/174/show/161.

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 Sheraton Corporation of America, 1952 Annual Report
Creator (LCNAF)
  • Starwood Hotels & Resorts
Publisher Starwood Hotels & Resorts
Date 1952
Description Sheraton Corporation of America Annual Report for the year ending on April 30, 1952.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Starwood Hotels & Resorts
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 8
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_019_008.jpg
Transcript SKHpraN coRT£Qgy£rtoN OF A^ffibRIC A • resulted in changes in the names of certain properties. The name of the Copley Plaza was changed during the year to Sheraton Plaza. In order to avoid confusion, the former Sheraton Plaza Hotel at Daytona Beach, Florida, is now known as the Sheraton Beach Hotel. The Company's new office building at Washington, D. C, has been renamed the Sheraton Building, and the Mount Royal Hotel in Montreal is now known as the Sheraton-Mt. Royal. ASSET VALUE PER COMMON SHARE Each year the Officers of your Company compute the indicated asset value of all outstanding Sheraton shares based on their best judgment of the current fair market value of the Company's properties after deducting all known liabilities. No allowance is made for capital gains taxes which might be payable if the properties were actually sold at their estimated fair market value. Based on these calculations, which of course are only estimates, though they are believed to be conservative, the indicated asset value per share on April 30, 1952, was $39.68 per share, compared with $35.59 and $25.09 computed in the same way April 30 of 1951 and 1950 respectively. CONCLUSION The Officers of Sheraton are grateful to all Sheraton managers, department heads and other employees for their continued cooperation and interest in the Company and are glad to learn that an increasing number are Sheraton stockholders, sharing as such in the progress of the Company, to the success of which they are so ably contributing. The Officers are also grateful for the business which many of its stockholders are directing to various Sheraton hotels. <tjLVcJ^'^A»--< President