Millennium & Copthorne Hotels: Difference between revisions
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* Millennium hotels - Worldwide |
* Millennium hotels - Worldwide |
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* Copthorne Hotels - [http://www.millenniumhotels.co.uk/ UK], [[Germany]], [[New Zealand]], [[Malaysia]] and [[Singapore]] |
* Copthorne Hotels - [http://www.millenniumhotels.co.uk/ UK], [[Germany]], [[New Zealand]], [[Malaysia]] and [[Singapore]] |
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* Kingsgate Hotels - |
* Kingsgate Hotels - New Zealand, United Arab Emirates |
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==Ownership== |
==Ownership== |
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Revision as of 10:10, 3 March 2010
| 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 over 120 hotels in 19 countries around the world. 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, United Arab Emirates
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.