Millennium and Copthorne's revPAR surges

International hotels group Millennium and Copthorne saw the key metric of revenue per available room (RevPAR) rise strongly in the first quarter, as travellers flocked to London and Singapore.

International hotels group Millennium and Copthorne saw the key metric of revenue per available room (RevPAR) rise strongly in the first quarter, as travellers flocked to London and Singapore.

RevPAR rose to £59.17 in the first quarter from £55.28 in the corresponding period of 2011, a 7.0% increase in actual terms and a rise of 6.0% once exchange rate fluctuations are stripped out.

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