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
- June 30, 2020 17:45 CEST Change in the number of shares and votes in Scandic
- June 24, 2020 08:00 CEST Scandic’s rights issue oversubscribed
- June 15, 2020 14:15 CEST Bulletin from Scandic’s annual general meeting 2020
- June 10, 2020 19:30 CEST Scandic publishes a supplement to the prospectus regarding the rights issue