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
- May 23, 2022 13:00 CEST Scandic Oceanhamnen now open – sustainability plays leading role from quay to rooftop terrace
- May 10, 2022 12:40 CEST Bulletin from Scandic’s annual general meeting 2022
- April 28, 2022 11:55 CEST Scandic to open third hotel in Tromsø
- April 27, 2022 07:30 CEST Scandic’s interim report Q1 2022