Press releases & NEWS

Scandic Hotels Group AB (publ) (“Scandic”) has entered into a framework agreement with a consortium consisting of Pandox AB and Eiendomsspar AS (the “Consortium”) with the intention to acquire the hotel operations of Dalata Hotel Group Plc (“Dalata”) from the Consortium (the “Transaction”). Proceeding with the Transaction is conditional upon completion of the Consortium’s takeover of Dalata, which was announced today, a separation of Dalata’s real estate and operating businesses and necessary regulatory approvals. Upon completion of the Transaction, Scandic will add 56 new hotels to its portfolio with around 12,000 additional rooms and a further pipeline of approximately 1,900, mainly across Ireland and the UK. For the financial year ended 31 December 2024, Dalata reported revenue of EUR 652.2 million; operating profit of EUR 158.5 million; and basic earnings per share of EUR 35.5 cent.

Scandic is continuing to expand in Germany by signing a new hotel in Hamburg, the country’s largest and Europe’s third-largest harbor. The hotel, which will have approximately 430 rooms, will offer guests an exclusive experience with a lounge, rooftop bar, fitness center and terrace on the top floor with a spectacular view of the vibrant city.

Scandic Hotels Group will present its half-year report 2025 in a webcast at 09.00 CET on July 15, 2025. The report will be published at 07.30 CET on the same day.

Scandic is continuing to grow its Scandic Go offering in Finland by establishing a new hotel in Turku. The new centrally located 138-room hotel will strengthen and complement Scandic’s existing offering in the region, which is expected to show strong growth within tourism, business and culture.