Search
The Caterer

M&C ‘firmly on track'

17 August 2004
M&C ‘firmly on track'

Recovery is "firmly on track" for hotel group Millennium & Copthorne after turning a £6.3m pre-tax loss into a £20.6m profit in the first six months of the year.

The group also managed to record an 8% hike in turnover to £262.7m, a 12% increase in revenue per available room, and an 8.4 point increase in occupancy to 69.5%.

In London, occupancy increased by four points to 78.5%, and average room rate by 8% to £79.45.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.