Millennium & Copthorne Hotels: Difference between revisions
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{{Infobox Company |
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| company_name = Millennium & Copthorne Hotels |
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| company_logo = [[Image:Millenniumhotlogo.PNG|200px]] |
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| company_type = [[Public company|Public]] ({{lse|MLC}}) |
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| foundation = 1972 |
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| location = [[London]], [[United Kingdom|UK]] |
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| key_people = [[Kwek Leng Beng|Kwek Leng Beng]], [[Chair (official)|Chairman]]<br>Richard Hartman, [[CEO]] |
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| industry = [[Hotels]] |
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| products = |
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| revenue = [[Pound sterling|£]]702.9 million (2008) |
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| operating_income = [[Pound sterling|£]]112.8 million (2008) |
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| net_income = [[Pound sterling|£]]70.9 million (2008) |
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| num_employees = |
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| parent = |
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| subsid = |
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| homepage = [http://www.millenniumhotels.com www.millenniumhotels.com] |
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| slogan = |
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}} |
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'''Millennium & Copthorne Hotels plc''' ({{lse|MLC}}) is a leading [[United Kingdom|British]]-based [[hotel]] business. It owns or operates around 110 hotels worldwide. It is headquartered in [[London]] and is a constituent of the [[FTSE 250 Index]]. |
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==History== |
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The Company's origins go back to 1972 when [[British Caledonian Airways]] acquired the Copthorne Hotel at [[Copthorne, West Sussex]], near [[Gatwick]]. In 1995 Copthorne Hotels was acquired by CDL Hotels of [[Singapore]] who, in 1994, had acquired the Millennium Hotel in [[New York]]. The company was first listed on the [[London Stock Exchange]] in 1996. In 1999 it acquired Regal Hotels of the [[United States|US]].<ref>[http://findarticles.com/p/articles/mi_pwwi/is_200002/ai_mark06003334 Millennium Hotels & Resorts Celebrates New Properties] Businesswire, 29 February 2005</ref> |
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In January 2009 the group announced it would open two hotels in [[Liverpool]] [[Central Village, Liverpool|Central Village]] development.<ref>[http://www.ldpbusiness.co.uk/liverpool-news/liverpool-business-news/2009/01/14/top-brand-hotels-set-to-catapult-city-into-premier-league-96026-22687823/ Top brand hotels set to catapult city into premier league]</ref> |
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==Operations== |
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The group is structured as follows: |
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* Millennium hotels - Worldwide |
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* Copthorne Hotels - [[United Kingdom|UK]], [[Germany]], [[New Zealand]], [[Malaysia]] and [[Singapore]] |
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* Kingsgate Hotels - [[New Zealand]] |
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==Ownership== |
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The firm is controlled with a 53% stake by [[Singapore]]an investment company [[City Developments Limited]].<ref>{{cite web|url=http://online.wsj.com/article/BT-CO-20090806-706265.html|title=Millennium & Copthorne sees signs of stability|publisher=Wall Street Journal|date=2009-08-06|accessdate=2009-08-29}}</ref> |
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==References== |
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{{reflist}} |
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==External links== |
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* [http://www.millenniumhotels.com Official site] |
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[[Category:Companies based in London]] |
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[[Category:Companies established in 1972]] |
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{{FTSE 250 Index constituents}} |
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Revision as of 14:18, 25 November 2009
| File:Millenniumhotlogo.PNG | |
| Company type | Public (LSE: MLC) |
|---|---|
| Industry | Hotels |
| Founded | 1972 |
| Headquarters | London, UK |
Key people | Kwek Leng Beng, Chairman Richard Hartman, CEO |
| Revenue | £702.9 million (2008) |
| £112.8 million (2008) | |
| £70.9 million (2008) | |
| Website | www.millenniumhotels.com |
Millennium & Copthorne Hotels plc (LSE: MLC) is a leading British-based hotel business. It owns or operates around 110 hotels worldwide. It is headquartered in London and is a constituent of the FTSE 250 Index.
History
The Company's origins go back to 1972 when British Caledonian Airways acquired the Copthorne Hotel at Copthorne, West Sussex, near Gatwick. In 1995 Copthorne Hotels was acquired by CDL Hotels of Singapore who, in 1994, had acquired the Millennium Hotel in New York. The company was first listed on the London Stock Exchange in 1996. In 1999 it acquired Regal Hotels of the US.[1]
In January 2009 the group announced it would open two hotels in Liverpool Central Village development.[2]
Operations
The group is structured as follows:
- Millennium hotels - Worldwide
- Copthorne Hotels - UK, Germany, New Zealand, Malaysia and Singapore
- Kingsgate Hotels - New Zealand
Ownership
The firm is controlled with a 53% stake by Singaporean investment company City Developments Limited.[3]
References
- ^ Millennium Hotels & Resorts Celebrates New Properties Businesswire, 29 February 2005
- ^ Top brand hotels set to catapult city into premier league
- ^ "Millennium & Copthorne sees signs of stability". Wall Street Journal. 2009-08-06. Retrieved 2009-08-29.