Scandic Hotels Bolsters Nordics Strategy With $127 Million Finnish Acquisition

Scandic Hotels Group is to add another 43 hotels to its portfolio with the $127 million purchase of Finland-based Restel’s hotel operations. Once the deal closes, Scandic will have 273 hotels and 49,200 rooms, putting it a long way behind the likes of Intercontinental Hotels Group and AccorHotels who dominate the overall European market. At … Continue reading Scandic Hotels Bolsters Nordics Strategy With $127 Million Finnish Acquisition