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M&C

Your search for "M&C" found 19 results


M&C: $189m Brisbane acquisition beachhead for further Aus expansion
25 May 2023   /

M&C: $189m Brisbane acquisition beachhead for further Aus expansion

Millennium & Copthorne NZ hopes the purchase will open doors to further deals across the ditch.


Millennium & Copthorne to start hotel refurbs
31 Mar 2023   /

Millennium & Copthorne to start hotel refurbs

Refurbishments are soon to start at Copthorne Hotel & Resort Bay of Islands and the Millennium Hotel Rotorua.


Millennium & Copthorne NZ invests $96m to enter Aus with Brisbane deal
22 Mar 2023   /

Millennium & Copthorne NZ invests $96m to enter Aus with Brisbane deal

The NZ hotel operator is in a joint venture to acquire a 5-star Sofitel for around $190m.


Staff shortages, cost increases plague “tough” year for Millennium hotels
17 Feb 2023   /

Staff shortages, cost increases plague “tough” year for Millennium hotels

Millennium & Copthorne Hotels managed to increase revenue in 2022 but rising costs ate into profit in another “tough” year for the operator.


Millennium & Copthorne reports interim loss, revenue fall from hotels
11 Aug 2022   /

Millennium & Copthorne reports interim loss, revenue fall from hotels

The group says hotel operations in NZ “are still challenging” with competition for skilled labour intense for the foreseeable future.


Grand Millennium lease renewed on cheaper rent
4 Jul 2022   /

Grand Millennium lease renewed on cheaper rent

Millennium & Copthorne Hotels New Zealand and landlord CDL Hospitality Trusts have renewed the lease agreement for Grand Millennium Auckland.


Millennium & Copthorne occupancy below 36% but recovery expected
25 May 2022   /

Millennium & Copthorne occupancy below 36% but recovery expected

Major sporting events will help the recovery from later this year, says the operator.


Millennium & Copthorne appoints BK Chiu replacement
6 May 2022   /

Millennium & Copthorne appoints BK Chiu replacement

Harrison will commence the handover process in the coming weeks with retiring managing director BK Chiu.


Millennium & Copthorne drops vaccine pass requirement
30 Mar 2022   /

Millennium & Copthorne drops vaccine pass requirement

Vaccine passes will no longer be required to be presented at Millennium & Copthorne hotels, restaurants, bars and meeting venues from 5 April.


M&C to open Copthorne Hotel Greymouth on 1 March
23 Feb 2022   /

M&C to open Copthorne Hotel Greymouth on 1 March

Millennium & Copthorne Hotels will reopen the former Kingsgate Hotel Greymouth as Copthorne Hotel Greymouth on 1 March.


M&C: One-off land sale lifts hotels into black
21 Feb 2022   /

M&C: One-off land sale lifts hotels into black

Millennium & Copthorne says occupancy across the group fell to 36% for 2021.


Millennium & Copthorne mandates visitor, staff vaccination
26 Nov 2021   /

Millennium & Copthorne mandates visitor, staff vaccination

The hotel group is the latest operator to require fully vaccinated guests and workers.


Millennium & Copthorne suffers 9000+ cancellations due to lockdown
1 Sep 2021   /

Millennium & Copthorne suffers 9000+ cancellations due to lockdown

Millennium & Copthorne Hotels New Zealand says it has received more than 9000 cancellations because of the latest Covid-19 outbreak.


Millennium & Copthorne’s hotels return $33k interim profit
2 Aug 2021   /

Millennium & Copthorne’s hotels return $33k interim profit

Millennium & Copthorne’s New Zealand hotel operations stayed in the black in the first half of the year – just.


M&C’s FY21 at the mercy of Covid – BK Chiu
4 Mar 2021   /

M&C’s FY21 at the mercy of Covid – BK Chiu

Millennium & Copthorne Hotels New Zealand expects a difficult year ahead with conditions largely “outside of our control”, says BK Chiu.


Millennium & Copthorne hotel income halves in “horrid” 2020
17 Feb 2021   /

Millennium & Copthorne hotel income halves in “horrid” 2020

A “horrid” year saw average hotel occupancy across the group plummet to 39%.


More than 900 staff let go, almost all hotels now open – M&C
27 May 2020   /

More than 900 staff let go, almost all hotels now open – M&C

Occupancy across the group plummeted to 1.5% in April.


M&C boosts RevPAR, reports hotel income up 12% to $106m
12 Feb 2018  

M&C boosts RevPAR, reports hotel income up 12% to $106m

Millennium & Copthorne Hotels said revenue per available room at its NZ assets grew by 8.2% in 2017, helping to drive hotel income up by 11.6% to $105.6m for the year to December.


M&C buys New Plymouth’s The Waterfront Hotel
7 Feb 2018  

M&C buys New Plymouth’s The Waterfront Hotel

Millennium & Copthorne Hotels has bought New Plymouth’s The Waterfront Hotel.