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Word: first (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

...exactly a hotel-it was sort of a flophouse. We considered it a bad day when we didn't have a three-time turnover on the beds. It was a bad night when I had a bed of my own." But the flophouse made $3,000 the first month and Hilton decided "to freckle Texas with Hilton hotels...

Author: /time Magazine | Title: HOTELS: The Key Man | 12/12/1949 | See Source »

Murderer at Large. Freckle No. 2 was Fort Worth's 80-room Melba ($28,000); No. $ was Hilton's first Waldorf-in Dallas-which he bought with the help of a syndicate of friends. In deal No. 4, he bought Fort Worth's Terminal Hotel with two partners and learned that there were more dangers for a hotelman than the complaints of dissatisfied guests. One of his partners, D. E. Soderman, thought he was being cheated, stalked down the third partner and shot him dead. When Soderman got out of jail, he phoned Hilton and asked...

Author: /time Magazine | Title: HOTELS: The Key Man | 12/12/1949 | See Source »

Free Rein. Hilton runs his sprawling empire with the help of a crack team which includes Executive Vice President Robert P. Williford, 49, who started as a desk clerk in 1931; Vice President James B. ("J.B.") Herndon Jr., 50, who was the first manager of the Albuquerque Hilton; Vice President Spearl ("Red") Ellison, 36, who started as a $5-a-month bellhop; Vice President Joseph P. Binns, 43, a relative newcomer to the corporation, who managed the Stevens before Hilton took over. Hilton's son Nick, 23, is learning the ropes from them (his other sons by his first...

Author: /time Magazine | Title: HOTELS: The Key Man | 12/12/1949 | See Source »

...bring in that much, put them in." In the Palmer House, a bookstore that was paying a rent of $250 a month was replaced by a cocktail lounge grossing $2,000 a day. Employee locker space was centralized, making space for 50 additional rooms. In Hilton's first year, the Palmer House's operating profit rose $1,300,000 to $4,321,000. Hilton's men keep close tabs on food & beverages, figure that they saved $100,000 last year by careful menu-planning, and this year have spent $215,000 improving dining facilities in the Dayton...

Author: /time Magazine | Title: HOTELS: The Key Man | 12/12/1949 | See Source »

...still to find a room and Hilton is confident that business will remain good for at least five years. Because of increased efficiency, the break-even point of Hilton hotels is now down to about 60% to 75% of capacity, as against a national average of 80%. For the first ten months of 1949, their operating profit totaled $6,886,108, slightly higher than last year...

Author: /time Magazine | Title: HOTELS: The Key Man | 12/12/1949 | See Source »

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