The Millennium Hotel London Mayfair is closed for the rest of the year for refurbishment.

The refurbishment started in November 2017 as a phased process, however the hotel was closed entirely at the beginning of July this year. Millennium & Copthorne Hotels (M&C) has decided to keep the property closed during the remainder of its refurbishment programme to accelerate the work. The hotel will be repositioned within the Leng’s Collection, a luxury competitive set under M&C’s collection of hotels.

The hotel, which had 336 bedrooms prior to the refurbishment, is scheduled to reopen in the first quarter of 2019 with 315 bedrooms.

The Leng’s Collection is a set of unique, hand-picked hotels that are representative of the most distinctive and compelling hospitality experiences in M&C. Located in prime locations, these iconic hotels are unsurpassed in variety and character.

The impact of the project on group revenue for 2018 is estimated to be approximately £20m, with a consequent impact on hotel operating profit. As a result, group profit for the current financial year is anticipated to be “commensurately lower”.

The group also said overall performance at its other London hotels, which include the Bailey’s and Chelsea Harbour hotels, for the second quarter of 2018 continues to be weaker than last year due to lower revenue and continuing cost pressures.

M&C comprises 137 hotels in 24 countries, with a 24-strong UK portfolio including the Hard Days Night Hotel in Liverpool.