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Pin to quick picksMillennium & Copthorne Hotels Share News (MLC)

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BUZZ-M&C Hotels: Falls as Q1 disappoints

Thu, 07th May 2015 07:53

** Millennium & Copthorne Hotels falls as much as 4pct, one of the top percentage losers on the FTSE 250

** Q1 pretax profit down 5 pct, hurt by labour costpressures in New York and labour shortages inSingapore

** RevPAR growth of 2.6 pct on a constant currency basiswhich is slower than expected, Panmure Gordon analysts write ina note (RM:aastha.agnihotri.thomsonreuters.com@reuters.net)

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