Word: hilton
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...story Caribe Hilton stood dazzling and white on a peninsula, amid a garden of yellow hibiscus trees, breadfruit, almonds and tall waving palms. On one side of the hotel were the coral beach and the long rolling waves of the Caribbean; on the other, old San Geronimo Castle, a blue bay, pink and white houses and, in the distance, mountains...
...Gloria Swanson, Eastern Air Lines President Eddie Rickenbacker, R. H. Macy's Beardsley Ruml, David Rockefeller and Julius ("Cap") Krug. But none of the party-goers would enjoy the round of banquets, swimming parties and tennis tournaments as much as their party-loving, party-giving host, Conrad Nicholson Hilton, the world's No. 1 hotelman, who this week was getting his first excited look at his newest hotel...
When the Puerto Rico Industrial Development Co. decided to build the Caribe, it sent out letters to seven U.S. hotel owners asking them if they were interested in coming to Puerto Rico. Only Connie Hilton had the graciousness to start off his reply in Spanish: "Mi estimado amigo." His esteemed friends in Puerto Rico were so overwhelmed by this friendly tone-and by the Hilton name-that they decided to build the $6,500,000 hotel for Connie Hilton. The deal is a friendly...
...Colonel Crown (World War II Army engineers). His Material Service Corp., biggest building-supply firm in the Midwest, did $33 million in sales last year and helped put up many a Chicago building. He also buys them ready-built and is one of the chief backers of Hotelman Conrad Hilton. Crown put up some of the money for Hilton to buy Chicago's Palmer House. When Connie Hilton bought Manhattan's Waldorf-Astoria (TIME, Oct. 17), Crown chipped in $250,000. Today he owns 8.7% (150,000 shares) of Hilton Corp. stock, the biggest share except for Hilton...
...second time since he left the White House in 1933, Herbert Hoover last week took on a private business job.* He became a member of the new board of directors of Conrad Hilton's newly purchased Waldorf-Astoria Hotel (TIME, Oct. 17). Hoover, who will receive $30 per board meeting, had an added reason to take the Waldorf job. He lives there...