The massive repair job at New Zealand International Convention Centre following the devastating fire in 2019 is progressing “slower than expected” and is now forecast to be completed by the end of 2023.
The assessment was made at parent group SkyCity’s latest shareholder update, which also announced that construction of the Horizon Hotel is also progressing slower than expected and is now slated to open in the first half of 2022.
“Whilst the delays are disappointing, SkyCity continues to work closely with Fletcher Construction to bring the project to completion as soon as possible,” said SkyCity CEO Michael Ahearne.
Ahearne has just taken on the new role after the retirement of former CEO Graeme Stephens late last year.
Ahearne said SkyCity has been significantly impacted by Covid-19 disruption, delivering a mixed financial performance given the challenging operating environment.
“Our local gaming performance has demonstrated resilience in the first half whilst our tourism-related businesses including hotels, food and beverage and international business, have been significantly impacted,” he said.