Millennium & Copthorne Hotels New Zealand Ltd 2023 AR2
The report highlights Millennium & Copthorne Hotels New Zealand Limited's return to profitability in 2023, with hotel segmental profit before tax increasing by 388.1% and occupancy rising to 61.2%. The company completed the acquisition of the Sofitel Brisbane Central hotel in Australia through a 50:50 joint venture. Additionally, the company achieved Toitu carbonreduce certification in early 2024 and published its first climate-related disclosure statement. Refurbishments continued across key properties, including Millennium Hotel Queenstown and Millennium Hotel Rotorua.
Company: Millennium & Copthorne Hotels New Zealand Ltd
Sector: Hospitality & food services
Country: New Zealand
Year: 2023
Type: AR2
Pages: 80
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Millennium & Copthorne Hotels New Zealand Ltd
Annual Report
The report highlights Millennium & Copthorne Hotels New Zealand Limited's return to profitability in 2023, with hotel segmental profit before tax increasing by 388.1% and occupancy rising to 61.2%. The company completed the acquisition of the Sofitel Brisbane Central hotel in Australia through a 50:50 joint venture. Additionally, the company achieved Toitu carbonreduce certification in early 2024 and published its first climate-related disclosure statement. Refurbishments continued across key properties, including Millennium Hotel Queenstown and Millennium Hotel Rotorua.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 28, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management