• M&C improves

Millennium & Copthorne saw revpar improve 5.5% in the third quarter as revenues rose 6.2% to GBP215.9m. The improvement was across all regions, helped by better contributions from refurbished properties. 

Two newly added hotels also helped strengthen portfolio performance. Growth continues with M&C completing the acquisition of its first hotel in Rome during October, while December sees its Tokyo property open.
 
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