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Hilton Hotels, 1950 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1950 Annual Report - Image 20. 1950. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. February 21, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/29/show/19.

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. (1950). Hilton Hotels, 1950 Annual Report - Image 20. 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/29/show/19

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, 1950 Annual Report - Image 20, 1950, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed February 21, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/29/show/19.

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, 1950 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1950
Description Hilton Hotels Annual Report for calendar year 1950.
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 20
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_003_020.jpg
Transcript Consolidated _ ASSETS Dec. 31, 1950 Dec. 31, 1949 CURRENT AND WORKING ASSETS Cash $ 5,540,044.61 $ 5,345,291.24 Accounts and Notes Receivable $ 2,007,046.59 $ 1,527,715.72 Less: Reserve for Doubtful Accounts 106,461.38 94,246.64 $ 1,900,585.21 $ 1,433,469.08 Inventories of Merchandise and Supplies—(At Cost) $ 1,258,481.42 $ 881,709.09 Other Current Assets Cash in Banks for Payment of Income Taxes $ 1,000,000.00 $ 1,000,000.00 Other 579,619.24 431,000.32 $ 1,579,619.24 $ 1,431,000.32 Total Current Assets $10,278,730.48 $ 9,091,469.73 DUE FROM AFFILIATED COMPANIES $ 87,392.66 $ 29,910.56 INVESTMENTS—(At Cost) Mayflower Hotel Corporation $ 3,535,038.47 $ 3,531,936.77 Hotel Waldorf-Astoria Corporation 2,531,703.55 1,850,864.00 Jefferson Hotel Company 2,313,483.37 Other 662,832.00 688,332.00 Total Investments $ 9,043,057.39 $ 6,071,132.77 FIXED ASSETS—(Note 2) Land $14,601,937.62 $11,588,355.76 Buildings. . 43,281,306.11 43,210,999.07 Furniture and Equipment 10,479,106.35 9,569,868.14 Leaseholds and Improvements 1,091,712.79 825,165.93 $69,454,062.87 $65,194,388.90 Less: Reserve for Depreciation and Amortization 27,116,583.03 25,256,488.64 $42,337,479.84 $39,937,900.26 Revisions, Alterations and Rehabilitation 2,160,352.93 1,827,038.16 Operating Equipment 1,301,575.48 1,598,980.55 Total $45,799,408.25 $43,363,918.97 OTHER ASSETS AND DEFERRED CHARGES Guarantee Deposits on Leases , $ 319,599.33 $ 301,241.90 Pre-Opening Expenses 111,958.71 163,225.71 Organization Expenses 217,841.44 217,841.44 Other Assets and Deferred Charges 316,665.22 205,422.85 Total $ 966,064.70 $ 887,731.90 total assets $66,174,653.48 $59,444,163.93 20 NO TE: Notes relating to the Consolidated Balance Sheet form an integral part of this statement and should be considered in connection therewith.