Millennium & Copthor Hotels profit rises

Writer, Stock Market Wire
Monday, October 30, 2017 - 07:11

Millennium & Copthor Hotels reported a 19.6% increase in third-quarter profit after revenue per available room rose.

Pre-tax profit for the three months through September rose to £55m, up from £46m the previous year. Revenue grew by 6.5% to £263m.

On a constant currency basis, group revenue per available room was up by 1.8% for the three weeks ended 21 October 2017.

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