Press releases

To see only press releases which have been disclosed pursuant to legislation or other regulations, please select “Stock exchange releases” below. Valid for disclosures from July 3, 2016.

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December 2017

The Finnish Competition and Consumer Authority approves Scandic Hotels’ acquisition of Restel, subject to conditions

The Finnish Competition and Consumer Authority approves Scandic Hotels’ acquisition of Restel, subject to conditions

The Finnish Competition and Consumer Authority has approved Scandic’s acquisition of Restel’s hotel operations, subject to the divestment of three hotels. It is expected that the acquisition will...
Scandic to take over hotel The Mayor in the heart of Aarhus

Scandic to take over hotel The Mayor in the heart of Aarhus

Scandic Hotels, the largest hotel company in the Nordic countries, has signed a long lease agreement with property owner Evars Hoteller to take over hotel The Mayor in the Danish city of Aarhus.
Scandic Hotels arranged world’s biggest blind lunch at a hotel

Scandic Hotels arranged world’s biggest blind lunch at a hotel

Each year, 3 December is the International Day of Persons with Disabilities. And to highlight this important annual observance, Scandic Hotels arranged the world’s largest blind lunch so that...

November 2017

Siri Wikander appointed new Director of People Growth at Scandic Hotels

Siri Wikander appointed new Director of People Growth at Scandic Hotels

In December, Siri Wikander will start as Director of People Growth at Scandic. Siri has worked for many years within digitalization, communication and sustainability and comes most recently from a...
Extension of review regarding acquisition of Restel’s hotel operations

Extension of review regarding acquisition of Restel’s hotel operations

The Finnish Competition Authority has today announced that the review of Scandic Hotels Group’s (“Scandic”) proposed acquisition of Restel’s hotel operations in Finland will be extended until...
Scandic Hotels named Denmark’s Best Workplace

Scandic Hotels named Denmark’s Best Workplace

The leading hotel chain in the Nordic region is now also Denmark’s best workplace. When Great Place to Work conferred its prestigious awards this evening, Scandic Hotels received the honor of being...
Scandic Hotels finalist in the European Diversity Awards

Scandic Hotels finalist in the European Diversity Awards

Scandic Hotels has been shortlisted in the "Diversity Team Of The Year" category in this year's European Diversity Awards. The prize ceremony takes place in London on November 16. This is yet another...

October 2017

Scandic’s interim report Q3 2017 – Solid development in sales & profits

Scandic’s interim report Q3 2017 – Solid development in sales & profits

Net sales increased by 11.1% to 3,974 MSEK (3,577) primarily due to higher RevPAR and more rooms in operation. Adjusted EBITDA totaled 622 MSEK (547), corresponding to a margin of 15.7% (15.3). An...
Scandic and Live Nation team up to offer unique music experiences

Scandic and Live Nation team up to offer unique music experiences

Thanks to a new agreement, members of Scandic’s loyalty program, Scandic Friends, can now enjoy exclusive access to tickets and unique experiences from some of Live Nation’s most attractive...
Invitation to presentation of Scandic’s interim report for the third quarter 2017

Invitation to presentation of Scandic’s interim report for the third quarter 2017

Scandic Hotels Group will present its interim report for the third quarter 2017 in a webcast at 9.00 CET on October 26, 2017. The report will be published at 7.30 CET on the same day.
Decision regarding additional assessment in Finland for the 2008 tax year

Decision regarding additional assessment in Finland for the 2008 tax year

The Finnish Tax Administration has decided to make an additional assessment for the 2008 tax year, amounting to 9.6 MEUR. Scandic and its advisors are of the opinion that the company has acted...
Scandic Hotels signs agreement with LocalTapiola to operate hotel in iconic Hamburger Börs in Turku

Scandic Hotels signs agreement with LocalTapiola to operate hotel in iconic Hamburger Börs in Turku

Scandic Hotels, the largest hotel company in the Nordic countries, has signed an agreement with property owner LocalTapiola Life to operate a hotel in the iconic Hamburger Börs building in central...
Thomas Engelhart to leave Scandic Hotels

Thomas Engelhart to leave Scandic Hotels

Scandic Hotels has announced today that Thomas Engelhart, Chief Commercial Officer and member of Scandic’s Executive Committee, will leave the company. From today, Scandic’s President & CEO,...
Nomination Committee ahead of Scandic’s Annual General Meeting 2018 appointed

Nomination Committee ahead of Scandic’s Annual General Meeting 2018 appointed

The Nomination Committee prior to Scandic’s Annual General Meeting 2018 is made up of Scandic’s three largest shareholders and the Chairman of the Board of Directors and is composed as follows:...

September 2017

Divestment of Scandic Vierumäki in Finland

Divestment of Scandic Vierumäki in Finland

Capital gain to affect Q3 results positively by around 17 MSEK
Scandic continues to expand in Copenhagen

Scandic continues to expand in Copenhagen

Scandic Hotels, the largest hotel company in the Nordic countries, is continuing to grow in Copenhagen by opening a new hotel in the developing Scanport area. Scandic Copenhagen Airport is expected...

August 2017

Further proceedings of the proposed acquisition of Restel’s hotel business

Further proceedings of the proposed acquisition of Restel’s hotel business

The Finnish Competition Authority has today announced that it has decided to initiate further proceedings of Scandic Hotel Group’s (“Scandic”) proposed acquisition of Restel’s hotel...
Scandic growing in central Copenhagen – company’s largest hotel to open in premium location close to Tivoli Gardens

Scandic growing in central Copenhagen – company’s largest hotel to open in premium location close to Tivoli Gardens

Scandic Hotels, the leading hotel company in the Nordic countries, has signed an agreement with the landlord HM 2 A/S to operate the new large Scandic Spectrum hotel in central Copenhagen. The hotel,...

July 2017

Scandic’s interim report Q2 2017 – Strong growth in a highly active quarter

Scandic’s interim report Q2 2017 – Strong growth in a highly active quarter

Second quarter in summary. Net sales increased by 9.4% to 3,770 MSEK (3,447) due to higher RevPAR, more rooms in operation and positive currency effects.
Invitation to presentation of Scandic’s interim report for the second quarter 2017

Invitation to presentation of Scandic’s interim report for the second quarter 2017

Scandic Hotels Group will present its interim report for the second quarter 2017 in a webcast at 9.00 CET on July 20, 2017. The report will be published at 7.30 CET on the same day.
Scandic expanding in Germany – taking over central hotel in Frankfurt

Scandic expanding in Germany – taking over central hotel in Frankfurt

Scandic Hotels, the largest hotel operator in the Nordic countries, is expanding in Germany with a city hotel in Frankfurt. The company has signed a long-term lease agreement with SH.I.R Real Estate...

June 2017

Scandic to open hotel in the classic Helsinki central railway station

Scandic to open hotel in the classic Helsinki central railway station

Scandic Hotels, the largest hotel company in the Nordic countries, has signed an agreement with property owner Exilion to operate a new hotel in the building that houses the Helsinki Central Railway...
Scandic to acquire Restel’s hotel portfolio and become the leading hotel operator in Finland

Scandic to acquire Restel’s hotel portfolio and become the leading hotel operator in Finland

Scandic Hotels Group (“Scandic”) has signed an agreement to acquire Restel’s hotel operations in Finland. Through the acquisition, Scandic will strengthen its position as the leading hotel...

May 2017

Bulletin from Scandic’s annual general meeting 2017

Bulletin from Scandic’s annual general meeting 2017

The annual general meeting of Scandic was held on Wednesday 10 May 2017 in Stockholm, Sweden.
Scandic’s interim report Q1 2017 – Continued strong underlying growth

Scandic’s interim report Q1 2017 – Continued strong underlying growth

First quarter in summary. Net sales increased by 19.3% to 3,095 MSEK (2,594) due to higher RevPAR, more rooms in operation and positive currency effects.
Invitation to presentation of Scandic’s interim report for the first quarter 2017

Invitation to presentation of Scandic’s interim report for the first quarter 2017

Scandic Hotels Group will present its interim report for the first quarter 2017 in a webcast at 9:00 CET on May 10, 2017. The report will be published at 7.30 CET on the same day.

April 2017

Scandic to open new hotel at Landvetter Airport in Gothenburg

Scandic to open new hotel at Landvetter Airport in Gothenburg

– new establishment will be the company’s ninth airport hotel in the Nordics
Scandic publishes its Annual Report 2016

Scandic publishes its Annual Report 2016

Today, Scandic is publishing its Annual Report for 2016. The report is available on the website.
Notice of the annual general meeting of Scandic Hotels Group AB

Notice of the annual general meeting of Scandic Hotels Group AB

The shareholders of Scandic Hotels Group AB (556703-1702) are hereby invited to participate in the annual general meeting to be held on Wednesday, May 10, 2017 at 1 p.m. at Scandic Continental,...

February 2017

Scandic’s year-end report 2016 – A strong finish to a successful year

Scandic’s year-end report 2016 – A strong finish to a successful year

Fourth quarter 2016 in summary - RevPAR LFL grew by 5.2%, driven by higher occupancy and increased average room rates. Net sales rose by 12.3% to 3,463 MSEK (3,085) due to higher RevPAR, more rooms...
Invitation to presentation of Scandic’s year-end results 2016

Invitation to presentation of Scandic’s year-end results 2016

Scandic Hotels Group will present its year-end results for 2016 in a webcast at 9:00 CET on February 23, 2017. The year-end report will be published at 7.30 CET on the same day.
Even Frydenberg new President & CEO for Scandic – succeeds Frank Fiskers who will leave company after eight years

Even Frydenberg new President & CEO for Scandic – succeeds Frank Fiskers who will leave company after eight years

The Board of Directors of Scandic Hotels announces today that Even Frydenberg will take over the position of President & CEO. This is due to the fact that current CEO Frank Fiskers has decided to...
Scandic to open new hotel in central Gothenburg

Scandic to open new hotel in central Gothenburg

- new building with meeting and event space for 900 people

January 2017

Scandic to open new hotel at Helsinki airport – Will be the closest freestanding hotel for air travelers

Scandic to open new hotel at Helsinki airport – Will be the closest freestanding hotel for air travelers

Scandic Hotels, the largest hotel company in the Nordic region, has signed a long-term rental agreement with LAK Real Estate Oyj, a subsidiary of Finavia, to establish and operate a new hotel at...
Scandic to take over portfolio of eight hotels in the Nordic countries

Scandic to take over portfolio of eight hotels in the Nordic countries

Scandic Hotels, the leading hotel company in the Nordic region, has signed an agreement with property owners Pandox and Eiendomsspar to take over the operation of eight hotels in Norway, Sweden and...
Scandic to offer digital newspapers and magazines to all hotel guests and visitors

Scandic to offer digital newspapers and magazines to all hotel guests and visitors

From January 16, 2017, all guests at Scandic hotels will be able to enjoy complimentary unlimited access to more than 5,000 national and international newspapers and magazines on their mobile devices...