Millennium Packs 'Em in at New York

Summary


Upmarket hotels group Millennium & Copthorne said high occupancy and increased revenues at its three New York premises helped boost profits by 45 per cent last year.

The company, which lists sites in Birmingham and Dudley among its 91 hotels worldwide, announced ten new management and franchise contracts, including Millennium Hongqiao Shanghai - its first venture into mainland China.

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Extract


Millennium Packs 'Em in at New York

Pretax profits excluding other operating income and impairment rose to pounds 74...

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