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NY demand lifts Millennium & Copthorne's 9-mth RevPAR
Published Mon, Oct 30, 2017 · 09:50 PM
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Bengaluru
MILLENNIUM & Copthorne Hotels (M&C), which has received a buyout offer that values it at £1.8 billion (S$3.2 billion) from shareholder City Developments, has reported higher nine-month room revenue due to strong growth in New York.
Reported revenue per available room (RevPAR) rose 11.5 per cent to £82.41 million for the nine months to Sept 30, the operator of the Millen…
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