Keyword
in
Collection
Date
to
Hilton Hotels, 1961 Annual Report
Image 8
Citation
MLA
APA
Chicago/Turabian
Hilton Hotels Corporation. Hilton Hotels, 1961 Annual Report - Image 8. 1961. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 24, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/561/show/530.

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. (1961). Hilton Hotels, 1961 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/561/show/530

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, 1961 Annual Report - Image 8, 1961, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 24, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/561/show/530.

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.

URL
Embed Image
Compound Item Description
Title Hilton Hotels, 1961 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1961
Description Hilton Hotels Annual Report for calendar year 1961.
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 8
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_014_008.jpg
Transcript of suburban life. Tight controls and uniform operating procedures are maintained. On the international scene, our many years head start has placed us in a position to benefit from this rapidly growing market for American hotel operators. Nine International hotels are under construction and scheduled for opening in the next two years. Because of the nature of the arrangements for these operations which, in most 'A *N"'N Y Jm instances, require an investment only in working capital and inven m *?m M tories, the return on invested capital tends to be much higher than from domestic operations. They therefore should have a beneficial effect on consolidated profit margins. As we are well-established internationally, and as so many countries can now consider feasible hotel projects, we can be selective in the locations and types of arrange /"^H"UND3 ■^WORLD^N. ments which we accept. Our strong position in the international field is beginning to have a salutary effect on domestic operations, as a number of world travelers to the United States first became familiar YEARS ENDED DECEMBER 31, with Hilton Hotels in their homelands. The rapid pace of expansion of the International company led to the establishment during 1961 of six regional headquarters—for GROSS REVENUE Europe, Africa and the Middle East, the Pacific, Canada, Latin America and the Caribbean. This organization affords better control of current operations as well as expediting new construction and negotiations for additional units. Accordingly, we have projected our needs for key supervisory personnel and evaluated our employees for their executive potential. A stepped-up Executive Development Program is in progress and many promotions and re-assignments have already taken place. NET PROFIT (excluding minority interest) From operations From sale of properties total EARNINGS PER COMMON SHARE* From operations The current year's operations should benefit from improved sales and promotional efforts, especially in some of the recently-opened units which have become better established in their communities. From sale of properties total Some units which are not producing satisfactory results may possibly be sold. The addition of new hotels and inns in choice locations over the next few years should further improve Hilton Hotels' competitive position over the longer term. We wish to thank our customers for their patronage and our employees, stockholders and business associates for their assistance and WORKING CAPITAL AT DECEMBER 31 EARNED SURPLUS AT DECEMBER 31 cooperation. COMMON SHARES OUTSTANDING AT DECEMBER 31* ^W^?^*^^-^ BOOK VALUE PER COMMON SHARI AT DECEMBER 31* CONRAD N. HILTON March 9, 1962 Chairman and President ♦Adjusted for the two-for-one stock split in 1956 4