The Nordic hotel market
A strong market that is growing in popularity
The Nordic hotel sector is strong primarily because of a stable macro economy. Travelers to the region are mainly domestic or Nordic, but the Nordic region is increasing its attractiveness as a tourist and meeting destination for international travelers.
The hotel market is characterized by Nordic hotel operators who serve the dominant mid-market segment.
The largest Nordic hotel operators are Scandic Hotels, Rezidor Radisson Blue and Park Inn by Radisson, Nordic Choice Hotel (Comfort, Quality, Clarion and other brands), Best Western, Sokos, Elite Hotels, First Hotels and Thon Hotels.
Scandic is the largest hotel operator based on the number of rooms in the Nordic countries. In individual markets, Scandic is largest operator based on the number of rooms in Sweden, Finland, Denmark and Norway.
Latest press releases
- October 28, 2021 07:30 CEST Scandic’s interim report Q3 2021 – Strong results in an improved market
- October 26, 2021 11:00 CEST Åsa Wirén new CFO at Scandic Hotels
- October 21, 2021 12:00 CEST Invitation to presentation of Scandic’s interim report for the third quarter 2021
- October 15, 2021 07:45 CEST Scandic reports strong results and cash flow for third quarter 2021