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Hilton Hotels, 1956 Annual Report
Image 6
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Hilton Hotels Corporation. Hilton Hotels, 1956 Annual Report - Image 6. 1956. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. February 20, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/598/show/567.

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. (1956). Hilton Hotels, 1956 Annual Report - Image 6. 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/598/show/567

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, 1956 Annual Report - Image 6, 1956, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed February 20, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/598/show/567.

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, 1956 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1956
Description Hilton Hotels Annual Report for calendar year 1956.
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 6
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_009_006.jpg
Transcript has made a unique contribution to the Government's program of Foreign Aid by establishing American- operated hotels in important world cities. This has helped to stimulate travel and trade in areas throughout the world, and has helped supply American dollars to those economies in need of them. The program has, in addition, fostered international good will. The tremendous growth of the Hilton Hotels Corporation in the past ten years is vividly portrayed in the financial statistics summarized on the opposite page. During this decade, the Corporation's total assets more than tripled, gross revenues more than quadrupled, and net profit from operations, despite sharply higher labor and material costs, increased more than twofold over the net profit for 1947. Your management is confident of continued growth in the next decade, although the pattern of growth may change. There are, for example, few remaining opportunities for purchasing and integrating fine domestic hotels into the Hilton system, a policy pursued to excellent advantage during our first ten years of operation. Mushrooming population growth, coupled with a lack of hotel construction, has led to a shortage of domestic hotel space. For the future, a careful program has been adopted which will yield profits in spite of today's high construction costs. The Statler Hilton in Dallas, The Beverly Hilton, and the Hartford Statler, have already demonstrated that proper planning of new hotel properties pays off in sound profits. Profits, however, are not our only concern. We are also concerned about people—whether they be shareholders, employees, or guests. We like to think of the Hilton organization as not only a city of fine hotels, but as a family of closely-knit individuals, all of whom share a warm feeling toward the Corporation, its facilities, and its personnel. On this tenth anniversary of our existence as a corporate entity, it is fitting that your Corporation resolve to sustain and increase its personalization efforts. Remember that this is your Corporation. Make use of your privileges as a shareholder. Most of the major cities you visit are served by properties of the Hilton Hotels Corporation. Visit these properties for the finest in hotel accommodations. Your Hilton-Statler credit card, one of the world's most widely-held cards, enables you to charge room, food, and beverage services to your account, and to cash checks. If you do not hold a credit card and wish to apply for one, write to the Credit Card Division, Hilton Hotels Corporation, 9958 Santa Monica Boulevard, Beverly Hills, California. In the years ahead, as in the decade just completed, our progress will be a result of loyal and diligent efforts on the part of the nearly 25,000 men and women comprising the Hilton organization. It will be a reflection, also, of the co-operation of our 6,000 stockholders, whose confidence and support have laid the groundwork for the Corporation's growth to date. To these groups, and to the others who have contributed so much to our success, the management of Hilton Hotels Corporation pays tribute. March 11, 1957 PRESIDENT I