Profits rise for hotels group
Pre-tax profits were up 12.5 per cent for Millennium & Copthorne Hotels, which includes Brierley Hill's Copthorne Hotel, to £63 million in the first six months of this year.
By John Corser
Published
Revenue per room rose 15.9 per cent to £78.69 and total revenue was ahead by 16 per cent to £485m
Chairman Kwek Leng Beng, said: "Group results improved in the first half of 2017 on both a reported and constant currency basis."
He warned that there was continuing pressure on the profitability of its hotel operations, particularly in North Asia and New York.
