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BUZZ-M&C Hotels: Falls as Q1 disappoints

** Millennium & Copthorne Hotels (LSE: MLC.L - news) falls as much as 4 pct, one of the top percentage losers on the FTSE 250

** Q1 pretax profit down 5 pct, hurt by labour cost pressures in New York and labour shortages in Singapore

** RevPAR growth of 2.6 pct on a constant currency basis which is slower than expected, Panmure Gordon analysts write in a note (RM (LSE: RM.L - news) :aastha.agnihotri.thomsonreuters.com@reuters.net)