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Valuation: Millennium & Copthorne Hotels plc

Market Cap 2.23B 2.98B 2.58B 2.38B 4.17B 285B 4.26B 28.42B 11.01B 137B 11.16B 10.93B 478B P/E Ratio 2023
9.58x
P/E Ratio 2024 12.8x
Enterprise Value 2.88B 3.84B 3.34B 3.08B 5.38B 368B 5.49B 36.7B 14.21B 177B 14.41B 14.12B 617B EV / Sales 2023
2.96x
EV / Sales 2024 3x
Free-Float
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Yield 2023 *
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Yield 2024 -
Apr. 24 Millennium & Copthorne Hotels Announces Board Changes CI
Apr. 22 City Developments Limited Announces Resignation of Independent Non-Executive Directors from Millennium & Copthorne Hotels Limited, Effective April 22, 2026 CI
Mar. 30 Millennium Hotels and Resorts Appoints Cinn Tan as Chief Commercial Officer CI
Nov. 20 An undisclosed buyer acquired Multifamily residential asset located in 1250 Lakeside, US from Millennium & Copthorne Hotels Limited for approximately $140 million. CI
25-05-26 Millennium & Copthorne Hotels Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
25-02-25 Millennium & Copthorne Hotels Limited Announces Board Appointments CI
24-06-13 Millennium & Copthorne Hotels Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI
23-12-14 Millennium & Copthorne Hotels Limited (M&C) and Millennium & Copthorne Hotels New Zealand Limited acquired Sofitel Brisbane Central hotel from Brookfield Asset Management for approximately AUD 180 million. CI
23-08-01 Millennium & Copthorne Hotels Limited Reports Earnings Results for the Full Year Ended December 31, 2022 CI
23-03-21 Millennium & Copthorne Hotels New Zealand Limited and Millennium & Copthorne Hotels Limited entered into conditional sale and purchase agreement to acquire Sofitel Brisbane Central Hotel from Brookfield Asset Management Ltd. for AUD 180 million. CI
23-02-20 Millennium Hotels Appoints Fahad Abdulrahim Kazim as New CEO for Middle East & Africa CI
22-07-07 Millennium & Copthorne Hotels Limited Reports Earnings Results for the Full Year Ended December 31, 2021 CI
21-06-03 Millennium & Copthorne Hotels plc Announces Details of Redemption & Interest Payment on USD 100 Million Floating Rate Notes Due 2021 CI
Manager TitleAgeSince
Chief Operating Officer - 2013-12-31
General Counsel - 2026-02-28
Director TitleAgeSince
Chairman 85 1994-12-21
Director/Board Member 45 2019-11-03
Director/Board Member 49 2012-12-31

Financials

2023 2024
Net sales 906M 1.21B 1.05B 967M 1.69B 116B 1.73B 11.54B 4.47B 55.76B 4.53B 4.44B 194B 961M 1.28B 1.11B 1.03B 1.79B 123B 1.83B 12.24B 4.74B 59.14B 4.8B 4.71B 206B
Net income 233M 311M 270M 249M 435M 29.73B 444M 2.97B 1.15B 14.34B 1.16B 1.14B 49.88B 174M 232M 201M 186M 325M 22.2B 332M 2.22B 858M 10.71B 870M 852M 37.25B
Net Debt 449M 599M 520M 479M 838M 57.3B 856M 5.72B 2.21B 27.63B 2.24B 2.2B 96.11B 650M 867M 752M 694M 1.21B 82.95B 1.24B 8.28B 3.21B 40B 3.25B 3.18B 139B
Logo Millennium & Copthorne Hotels plc
Millennium & Copthorne Hotels plc is a global hospitality management and real estate group. The Company operates approximately 125 hotels in over 85 business and leisure destinations in Asia, Australasia, Europe, the Middle East and North America. Its geographical segments include New York, Regional US, London, Rest of Europe (including the Middle East), Singapore, Rest of Asia and Australasia. The Company's Millennium Collection includes brands, such as Grand Millennium Hotels and Millennium Hotels. Its Leng's Collection includes brands, such as The Bailey's Hotel London, The Chelsea Harbour Hotel, Grand Hotel Palace Rome, M Hotels, Studio M Hotels and M Social. Its Copthorne Collection includes brands, such as Copthorne Hotels and Kingsgate Hotels. The Company's portfolio of over 125 hotels includes approximately 65 owned or leased hotels, 40 managed hotels, 10 hotels that are franchised and 15 hotels held as investment properties.
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