Millennium & Copthorne Hotels Share News (MLC)
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MLCTue, 08th Mar 2016 14:42
Millennium & Copthorne Hotels settled an acquisition on Friday for the remaining 30% stake in overseas investment office Quantum. The hotel firm has paid a consideration of $14.25m for the additional interest in Quantum. Quantum is the principal operating subsidiary of Millennium & Copthorne Hotels
Read moreMillennium & Copthorne Hotels (MLC) has released encouraging third quarter results following increased profit due to higher occupancy and room rates. Revenue rates for the third quarter of 2014 showed a 5.5% increase from the previous year's figure, rising to a total of £215.9m. Profit before tax in
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Oct 30 (Reuters) - Millennium & Copthorne Hotels Plc's third-quarter profit rose 6.6 percent as an increase in global business travel drove occupancy and room rates. Pretax profit rose to 50.2 million pounds in the quarter ended Sept. 30 from 47.1 million pounds a year earlier. Reve
Read moreMillennium & Copthorne Hotels (M&C) has completed the €65.5m acquisition of a freehold interest in the five-star hotel trading as the Boscolo Palace Roma. The property, which contains 87 luxury guest rooms, will be operated by M&C as the Grand Hotel Palace. The FTSE 250 group made the purchase thro
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