Hotel Group in Five-Star Performance

The JournalMay 07, 2004

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Summary


International hotel chain Millennium & Copthorne said its recovery was on track after first quarter profits rose 19pc on a year earlier to pounds 5.6m.

The Surrey-based group, which runs the 156-room Copthorne Hotel on the Newcastle Quayside - one of the best performing in the group - suffered a sharp fall in profits last year after Sars and the Iraq war hit the travel industry.

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Extract


Hotel Group in Five-Star Performance

But yesterday the company said it had been encouraged by the improving trend seen in the f...

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