A hotel company with an attitude problem
ANALYSIS: Millennium & Copthorne's disdain for minority shareholders is written all over its accounts.
The Copthorne hotel in the Bay of Islands, one of 14 hotels owned by NZX-listed Millennium & Copthorne.
A footnote is such a small thing. It’s an afterthought, a scribble in the margin, barely worth mentioning really.
Look, here’s one.
“During 2021, the group changed its accounting policy relating to the measurement of land and buildings from revaluation to historical cost.”
Oh be still my
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