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M&C to concentrate on organic growth

Millennium & Copthorne will be developing its UK business organically infuture though it will be looking for acquisitions in mainlandEurope and on the west coast of the US.

The four star hotel group has reported interim pre-tax profits up 33%to £20m. The company plans to open a 800-seat conference centre nextweek at the Gloucester in London.

  • Financial Times 14/08/97 page 20
  • The Times 14/08/97 page 25, page 26 (Tempus)
  • The Independent 14/08/97 page 18
  • The Daily Telegraph 14/08/97 page 22 (Questor), page 23

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