UPDATE 1-Hotelier M&C Says Worst Of Recession May Be Over - Congoo

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UPDATE 1-Hotelier M&C says worst of recession may be over

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Reuters UK | November 05, 2009

* RevPAR down 17.7 percent in Q3 * Rate of RevPAR decline slowing LONDON, Nov 5 (Reuters) - Hotelier Millennium & Copthorne (MLC.L) said on Thursday current bookings are showing positive momentum, with the rate of decline in revenues slowing, and the worst impact of the recession may be behind i...

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