Millennium & Copthorne Hotels New Zealand announces that it has reached agreement with CDL Hospitality Trusts ("CDLHT") on a further renewal of its management lease for Grand Millennium Auckland. This is the second renewal term provided for under the current lease which commenced in September 2019 and is for another three year term through to September 2025. Outgoing MCK Managing Director Mr. BK Chiu was happy that MCK was able to continue its management of one of Auckland's most significant hotels.

MCK also noted that the amended term would include a reduction to the base rent for the next three years. With a total of 453 guestrooms and 1,619 square metres of conference space including an 830 square metre ballroom, Grand Millennium Auckland is a true international quality hotel and forms part of the global network of Grand Millennium Hotels located in Beijing, Shanghai, Konya, Abu Dhabi, Dubai, Muscat, Sulaimani, Kuala Lumpur as well as the international network of Millennium and Copthorne hotels in Asia, Europe, Middle East and the USA.