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

• September 15, 2022 07:45 CEST Scandic to open new hotel in Ski outside of Oslo
• September 1, 2022 09:00 CEST Scandic opens large new hotel in historic printing house in Helsinki
• August 31, 2022 17:30 CEST Change in the number of shares and votes in Scandic
• August 18, 2022 13:00 CEST Conversion of Scandic’s convertible bonds in an aggregated nominal amount of SEK 2 million to shares

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