UPDATE 1-Hotelier M&C reports declining first quarter profit

Leng Beng. Shares in M&C were down 4.2 percent to 514.75 pence at 0720 GMT. Rivals Starwood Hotels & Resorts (HOT.N M&C said its revenue per available room (RevPAR), a key industry measure, increased by 6.8 percent primarily driven by an increase in...