- Millennium & Copthorne Hotels
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Millennium & Copthorne Hotels Type Public (LSE: MLC) Industry Hotels Founded 1972 Headquarters London, UK Key people Kwek Leng Beng, Chairman
Wong Hong Ren, CEORevenue £743.7 million (2010)[1] Operating income £144.1 million (2010)[1] Net income £97.9 million (2010)[1] Website www.millenniumhotels.com Millennium & Copthorne Hotels plc (LSE: MLC) is a leading British-based hotel business. Including the pipeline, the company 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.
Contents
History
The Company's origins go back to 1972 when British Caledonian Airways acquired the Copthorne Hotel at Copthorne, West Sussex, near Gatwick.[2] The Copthorne Hotels brand was launched in 1985[2] 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.[3] In the same year CDL took control of a 13-hotel chain in New Zealand.[4] In 1994 CDL made its entry into the USA with the purchase of the Millenium Hilton in New York and acquired the Millennium Broadway in New York’s Times Square district in December.[5] In 1995 Copthorne Hotels was acquired by CDL Hotels and the enlarged concern became Millennium and Copthorne Hotels.[6] The company was first listed on the London Stock Exchange in 1996.[7] In 1999 it acquired Regal Hotels of the US.[8]
In 2001 M&C expanded into the Middle East with several management contracts secured in the United Arab Emirates and the first of 6 new hotels in China opened in 2008.[9]
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
List of Hotel
Millenium Hotel
America
- United States Millennium Alaskan Hotel Anchorage
- United States Millennium Biltmore Hotel Los Angeles
- United States Millennium Broadway Hotel New York
- United States Millennium Bostonian Hotel Boston
- United States Millennium Harvest House Boulder
- United States Millennium Hotel Buffalo
- United States Millennium Hotel Cincinnati
- United States Millennium Hotel Durham
- United States Millennium Hotel Minneapolis
- United States Millennium Hotel St - Louis
- United States Millennium Knickerbocker Hotel Chicago
- United States Millennium Maxwell House Nashville
- United States Millennium Resort Scottsdale McCormick Ranch
- United States Millennium UN Plaza Hotel New York
- United States The Premier Hotel Times Square
Europe
- United Kingdom Millennium Bailey's Hotel London Kensington
- United Kingdom Millennium Gloucester Hotel London Kensington
- United Kingdom Millennium Hotel London Knightsbridge
- United Kingdom Millennium Hotel London Mayfair
- United Kingdom Millennium Madejski Hotel Reading
- United Kingdom Millennium & Copthorne Hotels At Chelsea Football Club
- United Kingdom Millennium Hotel Glasgow
- France Millennium Hotel Paris Charles de Gaulle
- France Millennium Hotel Paris Opéra
- Germany Millennium Hotel and Resort Stuttgart
Middle East
- United Arab Emirates Grand Millennium Dubai
- United Arab Emirates Millennium Airport Hotel Dubai
- United Arab Emirates Millennium Hotel Abu Dhabi
- United Arab Emirates Millennium Hotel Sharjah
- Qatar Millennium Hotel Doha
Asia
- China Grand Millennium Beijing
- China Millennium Harbourview Hotel Xiamen
- China Millennium Hongqiao Hotel Shanghai
- China Millennium Wuxi
- China Millennium Hotel Chengdu
- China Copthorne Hotel Qingdao
- Indonesia Millennium Hotel Sirih Jakarta
- Malaysia Grand Millennium Kuala Lumpur
- Philippines The Heritage Hotel Manila
- Singapore M Hotel Singapore
- Singapore Orchard Hotel Singapore
- Singapore Studio M Hotel Singapore
- Thailand Grand Millennium Sukhumvit Bangkok
- Thailand Millennium Resort Patong Phuket
Oceania
- New Zealand Millennium Hotel and Resort Manuels Taupo
- New Zealand Millennium Hotel Christchurch
- New Zealand Millennium Hotel Queenstown
- New Zealand Millennium Hotel Rotorua
Copthorne Hotel
Europe
- United Kingdom Copthorne Hotel Aberdeen
- United Kingdom Copthorne Hotel Birmingham
- United Kingdom Copthorne Hotel Effingham Gatwick
- United Kingdom Copthorne Hotel Merry Hill Dudley
- United Kingdom Copthorne Hotel London Gatwick
- United Kingdom Copthorne Tara Hotel London Kensington
- United Kingdom Copthorne Hotel Manchester
- United Kingdom Copthorne Hotel Newcastle
- United Kingdom Copthorne Hotel Plymouth
- United Kingdom Copthorne Hotel Reading
- United Kingdom Copthorne Hotel Slough Windsor
- United Kingdom Copthorne Hotel Sheffield
- United Kingdom Millennium & Copthorne Hotels At Chelsea Football Club
- United Kingdom Copthorne Hotel Cardiff Caerdydd
- Germany Copthorne Hotel Hannover
Asia
- China Copthorne Hotel Qingdao
- Malaysia Copthorne Orchid Hotel Penang
- Singapore Copthorne King's Hotel Singapore
- Singapore Grand Copthorne Waterfront Hotel Singapore
- Singapore Copthorne Orchard Hotel Singapore
Middle East
- Kuwait Al-Jahra Copthorne Hotel & Resort
- United Arab Emirates Copthorne Hotel Dubai
Oceania
- New Zealand Copthorne Commodore Christchurch Airport
- New Zealand Copthorne Hotel Auckland City
- New Zealand Copthorne Hotel Auckland HarbourCity
- New Zealand Copthorne Hotel and Resort Bay of Islands
- New Zealand Copthorne Hotel and Resort Hokianga
- New Zealand Copthorne Hotel Christchurch Central
- New Zealand Copthorne Hotel Christchurch Durham Street
- New Zealand Copthorne Hotel and Resort Masterton Solway Park
- New Zealand Copthorne Hotel and Resort Queenstown Lakefront
- New Zealand Copthorne Hotel Grand Central New Plymouth
- New Zealand Copthorne Hotel Wellington, Oriental Bay
- New Zealand Copthorne Hotel Marlborough
Kingsgate Hotel
Oceania
- New Zealand Kingsgate Hotel Autolodge Christchurch
- New Zealand Kingsgate Hotel Autolodge Paihia
- New Zealand Kingsgate Hotel Brydone Oamaru
- New Zealand Kingsgate Hotel Dunedin
- New Zealand Kingsgate Hotel Greymouth
- New Zealand Kingsgate Hotel Hamilton
- New Zealand Kingsgate Hotel Palmerston North
- New Zealand Kingsgate Hotel Parnell Auckland
- New Zealand Kingsgate Hotel Rotorua
- New Zealand Kingsgate Hotel Te Anau
- New Zealand Kingsgate Hotel Terraces Queenstown
- New Zealand Kingsgate Hotel The Avenue Wanganui
- New Zealand Kingsgate Hotel Wellington
- New Zealand Kingsgate Hotel Whangarei
Middle East
- United Arab Emirates Kingsgate Hotel Abu Dhabi
- United Arab Emirates Millennium Hotel Abu Dhabi
Ownership
The firm is controlled with a 53% stake by Singaporean investment company City Developments Limited.[10]
References
- ^ a b c Annual Report 2010
- ^ a b World Airline Directory Flight International, 29 March 1986
- ^ Singapore investor buys hotel in London The Independent, 14 July 1994
- ^ Funding Universe
- ^ Millenium sold to CDL Hotels International New York Times, 16 February 1994
- ^ Singapore group buys Glasgow's Copthorne Aer Lingus sellshotel for £224m Glasgow Herald, 7 October 1995
- ^ London Stock Exchange
- ^ Millennium Hotels & Resorts Celebrates New Properties Businesswire, 29 February 2005
- ^ The five-star Millennium Chengdu Hotel China to open in 2008 Easier Travel, 2 August 2007
- ^ "Millennium & Copthorne sees signs of stability". Wall Street Journal. 2009-08-06. http://online.wsj.com/article/BT-CO-20090806-706265.html. Retrieved 2009-08-29.[dead link]
External links
Categories:- Companies listed on the London Stock Exchange
- Companies based in London
- Companies established in 1972
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