Word: hilton
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Dates: during 1940-1949
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Hallmark Playhouse (Thurs. 10 p.m., CBS). Silent Night, narrated by James Hilton...
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 $21,308,252 (not including the Waldorf), now owes nothing on the Stevens, the Mayflower or the Hilton Hotels in Lubbock and Albuquerque. He thinks he is as depression proof as any business...
...Hilton's only recent flops have been in resort hotels. (He does not consider the Caribe Hilton primarily a resort hotel.) "Whenever you see an offer of a 'Hotel in the Pines,'" says he, "stay away from it." He bought the Palm Beach Biltmore, was glad to sell it for a net loss of $183,353, also lost money in a flyer in three Bermuda hotels...
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 will have books, magazines and newspapers, just like a home. They will have radio and television and recording attachments on the telephones so that the guest will receive his messages in the actual words in which they're given. Bathrooms, besides their present equipment, will have ultraviolet-ray machines...
...Conrad Hilton thinks such a future is fine and he plans to start making it come true by building high-priced, small hotels in the smaller cities which were passed over in the hotel-building '20s. He is now eyeing land in Atlanta, Beverly Hills and Havana. But he does not think that anyone will ever again build huge hotels like those he gobbled up in the last few years. Nor does he expect to buy any more big ones, at least not right away. With the air of a tired conqueror he asks: "After all, where...