February 8, 2018 / 7:40 AM / 5 months ago

British hotelier Millennium & Copthorne 2017 room revenue boosted by NY demand

Feb 8 (Reuters) - Millennium & Copthorne Hotels reported a rise in annual revenue per room, helped by a weaker sterling and strong growth in New York.

Reported revenue per available room (RevPAR) rose 7.9 percent to 82.78 pounds ($115) for the year ended Dec. 31, said the operator of the Millennium, Grand Millennium, Copthorne and Kingsgate hotels. ($1 = 0.7190 pounds) (Reporting By Justin George Varghese in Bengaluru; Editing by Amrutha Gayathri)

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