Word: thats
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Dates: during 1940-1949
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Finally, the American National Insurance Co. of Galveston, Hilton's biggest creditor, took over his hotels. But Hilton still kept a foot in the door; American National gave him an $18,000-a-year job running their hotels. Gradually he raised enough cash to get back five of his...
"Put Them In." The managers do it by putting every foot of hotel space to work. In the Plaza, Hilton's men converted a basement storage space into the swank Rendez-Vous Room, where New Yorkers and visitors now pay $500,000 a year to dine & dance. Stockbrokers E...
Resort Trouble. Like all other hotel-men, Conrad Hilton is currently riding the crest of the wave. In most hotels, the trick is 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...
Some hotelmen, who have enviously watched Hilton's amazing growth, darkly say that he has grown too fast. But Hilton points to his books in answer. Still remembering his collapse in the depression, Hilton has cut the total debt on his hotels from $32,806,000 in 1946 to...
Things to Come. There are also a few other clouds ahead. Tourist courts and motels are already giving Hilton and other hotelmen hard competition. "We have to keep making our hotels better," says Connie Hilton. "Rooms will have to be larger and they'll have to be soundproofed . . . They...