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
- February 17, 2021 07:30 CET Scandic’s year-end report 2020 – Expected recovery after a challenging 2020
- February 5, 2021 09:29 CET Invitation to presentation of Scandic’s year-end report 2020
- January 15, 2021 08:25 CET Scandic comments on market situation and ongoing rent negotiations
- January 11, 2021 09:30 CET Scandic Arlandastad opens its doors