Scandic Hotels Expects Strong Third Quarter With Steady Travel Demand
Scandic Hotels Group began the hotel earnings season with a financial update on Friday, voicing optimism about travel demand despite recent inflationary pressures.
"We expect a strong third quarter with high demand and increasing prices," said president and CEO Jens Mathiesen on an investor call.
Scandic runs 55,930 hotels in Scandinavia and other European c
