Press releases & NEWS

PRESS RELEASE

7 November 2025

Scandic Hotels Group AB (“Scandic”) assumes operational responsibility for the hotel operations of Dalata Hotel Group plc (“Dalata) under the previously announced management agreement, effective from today 7 November 2025. This follows the successful completion of the public offer for Dalata by Pandox AB and Eiendomsspar AS. A carve-out process with the purpose of separating Dalata’s real estate business from the hotel operations has been initiated and is expected to be completed during the second half of 2026.

In accordance with the instruction to the Nomination Committee, Scandic’s Nomination Committee is made up of Scandic’s three largest shareholders as per August 31, 2025, and the Chair of the Board of Directors. The Nomination Committee is composed as follows:

Scandic Hotels Group will present its interim report for the third quarter 2025 in a webcast at 09.00 CET on October 29, 2025. The report will be published at 07.30 CET on the same day.

Scandic Hotels continues to expand in Germany and has signed a long-term lease agreement for the company’s third hotel in downtown Hamburg. The hotel will be part of the large-scale transformation of the area surrounding the city’s central train station into a vibrant neighborhood of offices, restaurants, event space and hotels. The new hotel will have up to 328 rooms and is expected to open in 2028.