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Millennium & Copthorne Hotels company history timeline

1941

Founded in 1941 by Kwek Hong Png, that company grew into a leading Singapore conglomerate.

1963

CDL had been founded in 1963, and grew into one of the country's largest land holders before beginning its expansion onto the international market.

1967

The late Mr Kwek Hong Png, founder of the Hong Leong Group, tasked his son Mr Kwek Leng Beng to develop King's Hotel, even though the young man had no experience in hospitality. It was in 1967 that the land the hotel sits on was sold to Hong Leong Group in the Singapore government’s first hotel land sale.

1972

In 1972, Kwek extended his business interests into the real estate market by acquiring control of CDL, which had already completed several prominent developments in Singapore.

1992

In 1992, CDL started acquiring several hotels in New Zealand and soon after established the largest hotel chain in the country.

1993

CDL's first foray outside of the Asian region came in 1993.

1993: CDL acquires the Gloucester Hotel in London, its first hotel outside of the Asian Pacific; 13 hotels in New Zealand are acquired.

1994

Among the group's purchases were its first properties in the United States, including the Hilton and the Broadway in New York City, bought in 1994.

1994: Two hotels in New York are acquired.

1999

1999: MCH acquires all the hotels from CDL, and then acquires the Regal Hotels in the United States.

2000

2000: The company forms a cross-selling and marketing alliance with Maritim Hotels in Germany.

2001

In 2001, MCH began rolling out a new hotel brand, the so-called "boutique" brand M Hotel.

2014

In 2014, M&C acquired three hotels, the high-end Boscolo Palace Roma in Rome, the Novotel New York Times Square and the all-suites Chelsea Harbour Hotel in London.

2017

In October 2017, CDL launched a bid for M&C, in which it owned a 65.2% stake.

2019

In June 2019, CDL made a second bid to take over M&C for a maximum cash consideration of £776.29 million (S$1.35 billion), this time with the blessing of key minority shareholders.

M&C was delisted on 11 October 2019, following a successful privatisation exercise launched by CDL, its major shareholder.

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Founded
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Anchorage, AK
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Millennium & Copthorne Hotels competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Luxe Hotels1999$2.8M121-
White Lodging1985$340.0M3,5106
Urgo Hotels and Resorts1968$840,00015-
The Benjamin Hotel-$600,0007-
Mayfair Hotel And Spa-$2.4M30-
Hotel Investment Services1989$27.0M75020
Warwick International Hotels1980$630,00010,00033
Columbus Hospitality Group1997$7.0M350-
Sage Hospitality1984$2.0M125203
General Hotels1962$12.0M7780

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Millennium & Copthorne Hotels may also be known as or be related to Millennium & Copthorne Hotels, Millennium & Copthorne Hotels Plc, Millennium Airport Hotel Buffalo and Millennium Alaskan Hotel.