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Millennium & Copthorne's revenue and hotel occupancy rises

Hotel operator calls for Government funding and support for tourism promotion initiatives.

Millennium & Copthorne operates the M Social hotel on Auckland's Quay Street.

Will Mace Wed, 07 Aug 2024

Millennium & Copthorne New Zealand has posted a 42.1% increase in revenue for the first half of its financial year, although it reported an overall loss due to the removal of its ability to deduct depreciation on commercial buildings for tax purposes.

The NZX-listed hotel operator and property

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Will Mace Wed, 07 Aug 2024
Contact the Writer: william@nbr.co.nz
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Millennium & Copthorne's revenue and hotel occupancy rises
Investment,
105224
true