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CDL's New Zealand unit forecasts NZ$24m hotel revenue loss for H1

Thu, Mar 19, 2020 - 5:50 AM

Vivienne Tayvtay@sph.com.sg@VivienneTayBT

Singapore

CITY Developments Ltd (CDL) subsidiary Millennium & Copthorne Hotels New Zealand has forecast around NZ$24 million (S$20.4 million) in hotel revenue loss for the first half of 2020.

This comes as the New Zealand government rolls out new border entry restrictions due...

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