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Hilton Hotels, 1949 Annual Report
Image 9
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Hilton Hotels Corporation. Hilton Hotels, 1949 Annual Report - Image 9. 1949. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 8, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/207/show/183.

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. (1949). Hilton Hotels, 1949 Annual Report - Image 9. 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/207/show/183

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, 1949 Annual Report - Image 9, 1949, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 8, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/207/show/183.

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, 1949 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1949
Description Hilton Hotels Annual Report for calendar year 1949.
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 9
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_002_009.jpg
Transcript Caribe Hilton ■ San Juan, Puerto Rico Food and Beverage Department Combined food and beverage sales show a decrease of approximately AM%, being $18,- 152,314 in 1949 as compared to $19,044,705 in 1948. Departmental profit has been maintained at satisfactory ratios, and in 1949 was $4,351,004, or 23.97%, as compared to $4,- 697,644, or 24.67%, in 1948. Minor Operating Departments The minor operating departments show a satisfactory increase in profit, being $828,470 in 1949 as compared to $792,770 in 1948. Other income, however, decreased $77,483. Operating Profit Total operating profit arising from the actual *£**T;* <*'' S operation of the hotels without reference to commercial rentals and before the deduction of such items as rent, taxes and insurance was satisfactory. In 1949 combined departmental revenues were $40,962,577 as compared to $42,009,733 in 1948, a decrease of $1,047,156, but operating profit increased to $10,606,354 as compared to $10,122,387 in the previous year. The rate of operating profit in 1949 was 25.8% as compared to 24.1% in the previous year. The production of higher profits on lower volume during the last year has not been achieved without continued application of those industrial methods in which Hilton Hotels Corporation has pioneered in the hotel industry.