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Hilton Hotels, 1949 Annual Report
Image 31
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Hilton Hotels Corporation. Hilton Hotels, 1949 Annual Report - Image 31. 1949. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. June 1, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/207/show/205.

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 31. 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/205

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 31, 1949, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed June 1, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/207/show/205.

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 31
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_002_031.jpg
Transcript ^wvww\<\vy of Cd\Y\(>vv\ct> £<\vv\\v\^s FOR THE FIVE YEARS ENDED DECEMBER 31, 1949 *1945 INCOME Gross Revenue Rooms Department $13,150,802 Food and Beverage Department. . . 15,309,134 Other Operated Departments 3,140,503 Other Income 630,303 Store Rentals 1,028,304 Dividends and Interest on Securities $33,259,046 % 1946 $14,687,274 $16,735,223 $17,677,417 $17,565,405 18,350,588 19,507,348 19,044,705 18,152,315 '4,633,388 4,315,200 4,491,332 4,526,060 710,171 802,751 796,280 718,797 1,087,128 1,046,023 1,019,231 945,115 14,717 136,533 142,755 118.185 $39,483,266 $42,543,078 $43,171,720 S42.025.8-7 EXPENSES Operated Departments Administrative and General Advertising and Business Promotion Heat, Light and Power Maintenance and Repairs Lease Rentals Real Estate and Personal Property Taxes Depreciation and Amortization . . . Interest Provision for Federal Taxes on Income Other Capital Expenses $18,385,427 522,119,269 $23,265,248 $23,443,997 $22,712,671 2,709,828 2,897,862 3,150,218 3,455,072 3,313,491 540,451 574,838 663,914 650,331 835,451 1,071,303 1,223,091 1,342,544 1,534,596 1,345,275 2,017,181 2,354,400 2,080,348 2,803,350 2,149,334 234,474 179,866 179,866 179,866 182,599 1,272,286 1,314,440 1,406,141 1,280,240 1,591,563 1,744,597 1,779,411 1,974,050 2,282,712 2,144,229 1,211,720 989,906 812,971 810,703 811,271 722,317 2,234,090 2,789,247 2,499,636 2,596,205 124.908 276,171 287,880 254,328 204,576 $30,034,492 $35,943,344 S37.952.427 $39,194,831 $37,886,665 net profit— before non-recurring items $ 3,224,554 $ 3,539,922 $ 4,590,651 $ 3,976,$ NON-RECURRING INCOME AND EXPENSES Gain or Lossf on Sale or Abandonments of Capital Assets Refinancing Expense and Note Discount Miscellaneous and Sale of Securities Provision for Applicable Taxes. NET PROFIT FOR THE PERIOD. $ 127,498f $ 273,415t 3,879 f 4,518 f 10,625" $ 949,508 263,7291 197,872 279,634f 13,988 42,826 20,944 95,939 $ _ $ 10,625 $ 949,508 $ 70,684f $ 156,532t $ 3,224,554 $ 3,550,547 $ 5,540,159 $ 3,906,205 $ 3,982,680 NOTE* The combined results shown above for I he year 1045 reflect (I) profits from the operation of the Roslyn Hotel for that year. This hotel has since been disposed of; and (2) the application of a loss carry-over credit from the sale of the Stevens Hotel to the Untied States Government in 1943, whereby the Stevens Hotel Corporation made no provision for Federal Income Taxes or Excess Profits Taxes on income earned by it from the properties it operated for the year 1945. NOTF.X Hilton Hotels Corporation was created by consolidation May 31, 1946. Operations for the year 1946 include seven months operation by the corporation and five months operation by the amwlidtitinn companies and their predecessors. NOTE* Denotes Red Figures. 29