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Hilton Hotels, 1960 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1960 Annual Report - Image 33. 1960. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 30, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/476/show/472.

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. (1960). Hilton Hotels, 1960 Annual Report - Image 33. 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/476/show/472

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, 1960 Annual Report - Image 33, 1960, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 30, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/476/show/472.

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, 1960 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1960
Description Hilton Hotels Annual Report for calendar year 1960.
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 33
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_013_033.jpg
Transcript SUMMARY OF CONSOLIDATED EARNINGS GROSS REVENUE Rooms department Food and beverage department. Other operated departments. . . Other income Store rentals Office building rentals Interest on investments total gross revenue 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 Other capital charges TOTAL EXPENSES PROFIT BEFORE OTHER ADDITIONS OR DEDUCTIONS OTHER ADDITIONS OR (DEDUCTIONS) Contribution to pension trust Income from non-consolidated foreign units. . . . Sundry others—net TOTAL OTHER ADDITIONS OR (deductions) Net profit before income taxes Provision for income taxes NET PROFIT FROM OPERATIONS SALE OF PROPERTIES Gain on sale of properties Provision for applicable taxes NET PROFIT ON SALE OF PROPERTIES. TOTAL NET PROFIT Deduct minority interest NET PROFIT 1960 5100,259,521 102,737,737 17,545,670 4,989,114 3,429,103 996,898 1,544,360 231,502,403 126,341,840 15,292,388 5,869,238 9,074,449 12,995,776 18,482,840 8,579,406 10,740,575 4,357,289 3,188,483 214,922,284 16,580,119 2,985,958 738,930 2,247,028 9,792,010 $ 9,792,010 Years Ended December 31 1959 1958 94,580,703 99,709,479 16,686,079 4,836,573 3,144,339 1,057,325 1,042,852 88,621,222 93,141,935 15,352,986 4,646,225 2,999,609 1,051,240 976,303 1957 85,289,337 88,759,338 15,025,795 4,540,579 2,953,070 1,038,372 1,011,842 119,488,933 13,805,150 5,034,618 8,403,705 13,072,322 18,158,107 8,109,758 9,117,318 2,950,349 2,237,565 112,242,417 12,835,908 5,298,317 7,852,634 11,151,513 16,469,604 7,237,595 8,658,153 2,943,521 2,311,056 101,455,452 20,258,306 4,855,240 7,055,984 11,808,153 15,029,814 6,799,571 8,162,106 2,631,748 2,573,440 20,679,525 19,788,802 17,988,519 2,044,009 511,002 1,533,007 11,582,864 11,582,864 1,865,899 466,475 1,399,424 10,946,638 101,010 10,845,628 1,939,405 484,851 1,454,554 10,139,574 120,410 10,019,164 1956 83,062,721 86,052,866 14,963,584 4,758,445 2,602,412 929,189 641,529 221,057,350 206,789,520 198,618,333 193,010,746 98,650,655 19,139,051 4,529,105 6,519,771 10,534,638 14,782,786 5,943,901 7,932,463 2,675,215 2,210,542 200,377,825 187,000,718 180,629,814 172,918,127 20,092,619 (37,370) (1,005,310) (1,051,475) (1,061,866) (962,900) 219,392 144,606 487,119 380,922 169,153 (121,874) (278,102) (112,498) 81,317 221,905 60,148 (1,138,806) (676,854) (599,627) (571,842) 16,640,267 19,540,719 19,111,948 17,388,892 19,520,777 9,095,285 9,490,862 9,564,734 8,703,872 10,044,894 7,544,982 10,049,857 9,547,214 8,685,020 9,475,883 9,635,578 2,470,423 7,165,155 16,641,038 35,841 16,605,197 31