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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 countries…
Sean O'Neill | 9 months ago