Millennium & Copthorne Hotels

Millennium & Copthorne Hotels plc
Public
Traded as LSE: MLC
Industry Hotels
Headquarters London, UK
Key people
 Kwek Leng Beng, Chairman
Aloysius Lee Tse Sang, CEO
Revenue £847 million (2015)[1]
£112 million (2015)[1]
£97 million (2015)[1]
Website www.millenniumhotels.com

Millennium & Copthorne Hotels plc, operator of the Millennium, Copthorne and Kingsgate hotel chains, is a leading global hospitality management and real estate group, with 120 hotels in 79 business and leisure destinations in Asia, Australasia, Europe, the Middle East and North America. The Company was first listed on the London Stock Exchange in 1996[2] and it is a constituent of the FTSE 250 Index. Millennium & Copthorne Hotels plc is headquartered in London.


History

Part of the original Copthorne Hotel near Gatwick in West Sussex

The Group's origins date to 1972 when British Caledonian Airways acquired the Copthorne Hotel at Copthorne, West Sussex, near Gatwick.[3] The Copthorne Hotels brand was launched in 1985[3] and a number of new hotels opened in the UK, France and Germany. In 1989, Singapore based CDL Hotels International acquired 6 hotels in Asia and in 1993 CDL made its first move outside Asia – purchasing the 548-room Gloucester Hotel in London.[4] In the same year CDL took control of a 13-hotel chain in New Zealand.[5] In 1994, CDL made its entry into the US with the purchase of the Millenium Hilton in New York and acquired the Millennium Broadway in New York’s Times Square district in December.[6] In 1995, CDL Hotels acquired Copthorne Hotels and the enlarged corporation became Millennium and Copthorne Hotels.[7]

In 1999, Millennium & Copthorne Hotels plc acquired Regal Hotels in the US[8] and in 2001 they expanded into the Middle East with several management contracts secured in the United Arab Emirates. The first of six new hotels in China opened in 2008.[9]

Operations

The Group is structured as follows:

List of Hotels

Asia

  •  Hong Kong New World Millennium Hong Kong Hotel
  •  China Grand Millennium Beijing
  •  China Millennium Residences Beijing
  •  China Millennium Hotel Chengdu
  •  China M Hotel Chengdu
  •  China Copthorne Hotel Qingdao
  •  China Grand Millennium Shanghai Hongqiao
  •  China Millennium Hotel Wuxi
  •  China Millennium Harbourview Hotel Xiamen
  •  China Millennium Hotel Fuqing
  •  China Millennium Resort Hangzhou
  •  Indonesia Millennium Hotel Sirih Jakarta
  •  Japan Milllennium Mitsui Garden Hotel Tokyo
  •  Malaysia Grand Millennium Kuala Lumpur
  •  Malaysia Copthorne Orchid Hotel Penang
  •  Malaysia Copthorne Hotel Cameron Highlands
  •  Maldives Angsana Velavaru
  •  Maldives Jumeirah Dhevanafushi
  •  Philippines The Heritage Hotel Manila
  •  Singapore Grand Copthorne Waterfront Hotel Singapore
  •  Singapore Orchard Hotel Singapore
  •  Singapore M Hotel Singapore
  •  Singapore Copthorne King's Hotel Singapore
  •  Singapore Studio M Hotel Singapore
  •  Taiwan Millennium Vee Hotel Taichung
  •  Thailand Millennium Resort Patong Phuket

Australasia

North America

Europe

Middle East

Ownership

A Singapore investment company City Developments Limited owns approximately 62% of the issued share capital in Millennium & Copthorne Hotels plc.[10]

References

  1. 1 2 3 "Annual Report 2015" (PDF) (Press release). Millennium & Copthorne Hotels. Retrieved 10 April 2016.
  2. ↑ "Millennium and Copthorne Hotels plc". London Stock Exchange. Retrieved 2014-06-17.
  3. 1 2 "World Airline Directory". Flight International. 29 March 1986. Retrieved 2014-06-17.
  4. ↑ Stevenson, Tom (14 July 1994). "Singapore investor buys hotel in London". The Independent. Retrieved 2014-06-17.
  5. ↑ "Millennium & Copthorne Hotels plc History". Funding Universe. Retrieved 2014-06-17.
  6. ↑ "Millenium sold to CDL Hotels International". The New York Times. 16 February 1994. Retrieved 2014-06-17.
  7. ↑ Wilson, Iain (7 October 1995). "Singapore group buys Glasgow's Copthorne Aer Lingus sells hotel for £224m". The Glasgow Herald. Retrieved 2014-06-17.
  8. ↑ "Regal Riverfront becomes Millennium Hotel-St. Louis". St. Louis Business Journal. 9 April 2001. Retrieved 2014-06-17.
  9. ↑ "The five-star Millennium Chengdu Hotel China to open in 2008". Easier Travel. 2 August 2007. Retrieved 2014-06-17.
  10. ↑ "Millennium expands through acquisition". Hotel News Now. 30 April 2014. Retrieved 2014-06-17.

External links

This article is issued from Wikipedia - version of the Wednesday, April 20, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.