Demand for corporate hospitality is surpassing supply at Christchurch's brand new stadium

Submissions of interest for corporate hospitality at the city's new 683-million dollar Te Kaha closed on Friday, and allocation was oversubscribed.

Premium hospitality suites start from close to five-thousand dollars per person per year - at the stadium set to be completed by April 2026.

Venues Otautahi are forecasting a 42 percent increase in events, expected to attract more than 900-thousand visitors.