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Hilton Hotels, 1952 Annual Report
Image 6
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Hilton Hotels Corporation. Hilton Hotels, 1952 Annual Report - Image 6. 1952. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 23, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/736/show/713.

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 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/736/show/713

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 6, 1952, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 23, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/736/show/713.

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 6
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_005_006.jpg
Transcript HOW WE EARNED IT HILTON DOLL1 Rooms 39.4 Food 34.2 Beverage 12.8 Telephone 3.5 Other Departments 6.8 Store Rentals 1.5 Other Income 1.8 100.00* * HOW WE SPENT IT 35.2 Payroll and Related Expenses 19.7 Cost of Goods Sold 21.4 Other Expenses 3.6 Repairs and Maintenance (excl. Payroll) 3.3 Real Estate and Personal Property Taxes 1.4 Interest on Borrowed Money 5.8 Federal Income Tax 2.3 Dividends 4.4 Depreciation — 2.9 Reinvested in Business »100.001 equivalent to $3.11 per share of common stock, against $3.16 per share the year before. Taxes for the year were considerably larger than dividend payments to stockholders and earnings retained in the business combined. IVI I F N I) S Regular quarterly dividends of 30 cents per share were paid on the common stock on March 1, June 1, September 1, and December 1, amounting to $1.20 for the year. Quarterly payments of 50 cents per share, or $2.00 for the year, were made on the convertible preference stock. The total dividends distributed on both the common and preferred stocks amounted to $1,991,219.60, representing 44 per cent of net earnings. The balance of the net profit, amounting to $2,530,195.71, was reinvested in the business. DEPARTMENTAL REVENUE 1952 revenues from all operated departments, exclusive of commercial rentals, totaled $85,820,858, compared with $78,857,334 in 1951. Despite a slight decline in average occupancy, in common with the industry as a whole, room sales in 1952 increased to $34,331,105 as against $31,350,484 in 1951. Sales of food and beverages in 1952 totaled $40,950,719. In 1951, food and beverage sales amounted to $38,215,048. Revenues of other operated departments in 1952 were $8,983,416, compared with $7,869,696 in 1951. Other income amounted to $1,555,618, against $1,422,105. Store rentals totaled $1,334,514, compared with $1,316,047.