Winning ways 31 January 2020 Steve Groves, head chef of Roux at Parliament Square, on his National Chef of the Year triumph and tips on preparing for chef competitions
In this week's issue... Winning ways Steve Groves, head chef of Roux at Parliament Square, on his National Chef of the Year triumph and tips on preparing for chef competitions
Read More
Search

M&C sees turnover and profits rise with new man at helm

06 May 2008 by
M&C sees turnover and profits rise with new man at helm

Millennium & Copthorne (M&C) Hotels has published its first set of results following the appointment of new chief executive Richard Hartman last month.

The group saw turnover climb 2.4% to £160.7m in the first quarter and revenue per available room across the group's hotels increase 7.4% to £51.70.

M&C's operating profit jumped 17.1% to £28.1m (2007: £24m).

Group chairman Kwek Leng Beng said the results had been "in line with expectations".

Hartman, who joins a company where his five predecessors have had average tenures of less than two years in charge, has said he is to focus on stability at the hotel group rather than expansion.

Millennium & Copthorne Hotel Group to enter India market >>

Ex InterContinental man to head up Millennium & Copthorne >>

By Gemma Sharkey

E-mail your comments to Gemma Sharkey here.

The Caterer Blog Catch up with more news and gossip on the Caterer Blog here
Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
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!