4th May 2006 10:13
Millennium & Copthorne Hotels PLC04 May 2006 MILLENNIUM & COPTHORNE HOTELS ANNOUNCE A COPTHORNE HOTEL AND MILLENNIUM CLUB HOTEL AT CHELSEA FOOTBALL CLUB GROUND STAMFORD BRIDGE, CHELSEA, LONDON Millennium & Copthorne Hotels plc are pleased to announce that they have signedan agreement with Chelsea Football Club to operate two hotels at Stamford Bridgetotalling 275 rooms. Both hotels will be operated under a long term management contract and allnon-stadium food and beverage operations and meeting facilities will be includedwithin Millennium & Copthorne's management. One hotel will be branded the Copthorne Hotel at Chelsea Village (160 rooms) andone the Millennium Hotel at Chelsea Village (115 rooms) following a substantialrefurbishment and upgrade programme to be completed this year. The execution and control of the refurbishment programme will be such as tocause no disruption to the business at the complex. It is Millennium & Copthorne's intention to review all existing outlets with aview to developing several of its key restaurants and conference products. Millennium & Copthorne's Group Chief Executive, Tony Potter commented "We sharea common vision with Chelsea Football Club of creating a unique guest experienceat Stamford Bridge. We are delighted to be working with the PremiershipChampions and look forward to managing the Club's two hotel properties andrestaurants. We intend to position the hotels on a global platform and in theUK to complement our two existing hotels at Premiership Club locations, theMillennium hotel at the Madejski Stadium Reading and the Copthorne HotelManchester at Old Trafford. Together with recent announcements of new Millennium hotels in Beijing,Shanghai, Qatar and Abu Dhabi this brings the number of hotels within Millennium& Copthorne to 100 in 18 countries". 4th May 2006 Enquiries: Tony Potter, Group Chief Executive +44 (0) 20 7872 2444Robin Lee, Senior Vice President Finance +44 (0) 20 7872 2444Millennium & Copthorne Hotels plc Ben Foster/Charlie WatenphulFinancial Dynamics +44 (0) 20 7831 3113 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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