Millennium & Copthorne Hotels plc · London United Kingdom ·(London: MLC)
Company Description
Phone: +44-20-7872-2444
Fax: +44-20-7872-2460
Rankings
- FTSE 250
View Millennium & Copthorne Hotels plc Locations On A US Map
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This link will open in a new window You won't have to wait a thousand years for room service at Millennium & Copthorne Hotels (M&C). The company owns and operates four- and five-star hotels primarily under the Copthorne and Millennium names. Its hotels target both business and leisure travelers and are found in major international cities or prominent business locations. In all, M&C operates some 120 hotels in nearly 20 countries throughout the world. M&C's non-hotel assets include a shopping property in Singapore (the Kings Tanglin Shopping Centre), and an office building in Los Angeles (the Biltmore Court & Tower). Singapore-based
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Key Millennium & Copthorne Hotels plc Financials
| Company Type | Public - London: MLC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,017.3 |
| Employees | 12,957 |
Millennium & Copthorne Hotels plc Executives
15 executives listed for Millennium & Copthorne Hotels plc's London, location.
| Title | Name & Bio | Contact |
| Chairman | Kwek Leng Beng | Network |
| Deputy Chairman | Viscount Thurso | Network |
| CEO and Director | Richard Hartman | Network |
Competition
Competitive Landscape for Millennium & Copthorne Hotels plc
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Millennium & Copthorne Hotels plc Competitors
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