Sharechat Logo

Millennium & Copthorne updates on Christchurch hotels

Friday 11th March 2011

Text too small?

Millennium & Copthorne Hotels New Zealand said its Copthorne Hotel Christchurch City property is still being assessed and it cannot confirm reports that it will be demolished after being damaged in the magnitude 6.3 earthquake in the city on February 22.

The hotel was formerly known as Copthorne Hotel Christchurch Durham Street. It had been deemed unsafe for occupation.

The company had been in talks with Civil Defence Emergency Management (CDEM) and the building had been stabilised pending further engineering investigations.

"Millennium & Copthorne is presently unable to comment on reports that demolition is required as CDEM is still assessing the situation," the company said.

It also said that its Millennium Hotel Christchurch had been cleared for re-entry once cordons were lifted and its Copthorne Hotel Christchurch Central property had been issued with a restricted use notice. The hotel was in the cordoned area and a more detailed structural inspection was yet to be completed.

The Copthorne Hotel Commodore Christchurch Airport hotel had not been affected.

Millennium & Copthorne Hotels New Zealand was listed on the New Zealand stock exchange and is 70.2% owned by global hotel operator Millennium & Copthorne Hotels plc.

 

NZPA



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

28th October 2021 Morning Report
Wellington Drive Technologies Limited (NZX: WDT) Performs Strongly in Q3-2021
Ryman Healthcare Limited (NZX: RYM) Acquires Extensions to Two Existing Victorian Sites
Promisia Healthcare Limited (NZX: PHL) Banking Covenant Update
Pictor Limited Announces Start of US Clinical Trials for SARS-CoV-2 Serology Test
Arvida Group Limited (NZX: ARV) Opening of Rights Offer
Move Logistics Group Limited (NZX: MOV) Announces $40m Capital Raise
27th October 2021 Morning Report
The a2 Milk Company Limited (NZX: ATM) Investor Day 2021
Contact Energy Limited (NZX: CEN) Considers Green Capital Bond Offer