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Hilton Hotels, 1952 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1952 Annual Report - Image 5. 1952. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 16, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/736/show/712.

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. (1952). Hilton Hotels, 1952 Annual Report - Image 5. 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/736/show/712

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, 1952 Annual Report - Image 5, 1952, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 16, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/736/show/712.

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, 1952 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1952
Description Hilton Hotels Annual Report for calendar year 1952.
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 5
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_005_005.jpg
Transcript The gross revenues of Hilton Hotels Corporation reached a new high in 1952. While the hotel industry as a whole enjoyed approximately a 5 per cent increase in room sales and a 5 to 6 per cent increase in food and beverage sales, the rate of increase in your Corporation's sales was substantially higher than the industry average. Despite increases in operating costs and wages, and the continued heavy tax burden, the net return from the business was more than $200,000 in excess of that realized in 1951. REVENUES The new peak reached by the Corporation's gross revenues in 1952 amounted to $87,155,372 as compared with $80,173,380 in the previous year. Gross revenues were increased by the inclusion of the sales of the Hilton Hotel in Fort Worth, Texas, from February 1, 1952, as well as a full year's sales of the Arrowhead Springs Hotel, first leased in the spring of 1951. On the other hand the figure was reduced by the elimination of the sales of the Hilton Hotel in Lubbock, Texas, after May 1, 1952, when the property was sold. EARNINGS AND TAXES Net consolidated profit and adjustments to income, after all charges, including federal income and excess profits taxes, totaled $4,521,415. This is equal, after preferred dividend requirements, to $2.74 per share on the 1,620,844 shares of common stock outstanding on December 31, 1952. Of the total, $4,004,939, or $2.42 per share, was derived from operations while $516,476, or 32 cents per share, represented net profit from certain nonrecurring items and adjustments, including that portion of the profit on the sales of the Hilton Hotel in Lubbock and the Dayton Biltmore Hotel applicable to 1952. In 1951, consolidated net income totaled $3,940,815. This was equal, after preferred dividend requirements, to $2.37 a share on the 1,592,878 common shares outstanding at the close of that year. Federal income and excess profits taxes in 1952 again took a major portion of your Corporation's income. Federal taxes for the year amounted to $5,044,614, compared with $5,040,986 in 1951. The tax bill was INCOME, PROFITS AND DIVIDENDS Millions of Dollars 1946 1947 1948 1949 1950 1951 1952