Scandic Hotels

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Scandic Hotels AB
Subsidiary
Industry Hospitality
Founded 1963 (as Esso Motor Hotel)[1]
Headquarters Stockholm, Sweden
Area served
Nordic countries
Belgium
Germany
Poland
Key people
Even Frydenberg, President and CEO[2]
Products Hotels
Revenue Increase SEK 10,826 million (2014)
Increase SEK 951 million (2014)
9,853 (2014)
Parent Hilton Worldwide (2001–2007) EQT Partners (2007–present)
Website scandichotels.com
Scandic Hotel in Tampere, Finland
Scandic Hotel in Lund, Sweden

Scandic Hotels is a hotel chain headquartered in Stockholm, Sweden, with its main operations in the Nordic countries. Alongside hotels in Sweden, Norway, Finland and Denmark, the company also has a presence in Belgium, Germany and Poland. It is owned by EQT Partners.

History[edit]

The first hotel in what was later to become the Scandic chain was the Esso Motor Hotel in Laxå in the province of Närke, central Sweden. Opened in 1963, it capitalized on the increase in car travel, both for business and pleasure – the motel was a novel concept for Europe at the time. The chain grew to 59 hotels Europewide by 1972, when Esso sold the non-Scandinavian hotels. The remaining 32 hotels, five of them in Norway and Denmark, formed the largest hotel chain in its native Sweden in 1973.

Ratos[edit]

In 1983, the company was sold to a Swedish consortium headed by Ratos and the following year, it was named Scandic Hotels. Ratos became sole owner in 1985, and a year later, the first hotel outside Scandinavia opened in Koblenz, Germany.

The business was negatively impacted by the 1990/91 Gulf Crisis, and company management was replaced in 1992. In 1996, the group acquired Reso Hotels and became a publicly traded company on the Stockholm Stock Exchange. Two years later, the Arctia Hotels group in Finland followed, giving Scandic a presence in all the Nordic countries, and in 1999, the group expanded into Estonia.

In 2001, Scandic was acquired by the London-based Hilton Group. The hotel chain changed ownership again in 2007, this time bought by Swedish private equity firm EQT for EUR 833 million.[3]

Facts and figures[edit]

As of 6 June 2013, the company employs 7,500 people and operates around 160 hotels with 30,000 guest rooms. Operating result (EBITDA) for 2012 amounted to EUR 923 million.[4]

Sustainability efforts[edit]

Stairway and reflections, from above, at the Scandic Continental Hotel, Stockholm

Since 1994, Scandic profiles itself heavily as an ecologically sustainable business. Employees receive sustainability education and the company offers rooms built in an environmentally friendly way. In 2001, the breakfasts at all Swedish Scandics received the KRAV ecological product certificate, and by 2004, all Swedish hotels had earned the "Swan" ecolabel. Scandic has received national and international awards for its environmental efforts:[5]

  • St Julian Disability Award, S:t Julian – City of Stockholm, February 2006
  • Glassbjörnen Environmental Award – GRIP Forum, Norway, May 2006
  • Oslo’s Urban Environmental Prize – City of Oslo, Norway, June 2006
  • Best Environmental Work – Grand Travel Awards, Sweden, March 2007
  • Scandic Elmia & Scandic Portalen – Jönköping Municipality Environmental Award, June 2007
  • Stilpriset Hjärter Ess för tillgänglighet – Stil, Sweden, September 2007
  • Swedish Recycling Award, October 2007
  • The Sustainability Award – European Hotel Design Awards, London, October 2007
  • Best CSR Programme – Hospitality Awards, Paris, November 2007

Growth[edit]

In 2014, Scandic acquired the Rica Hotels chain, which added 72 properties in Norway and Sweden to its portfolio.[6]

In 2017, Scandic announced its buy-out of all 43 Restel hotels in Finland for 114,5 million euros, including those under the Cumulus and Holiday Inn brands.[7]

List of Scandic Hotels[edit]

  • Belgium
  • Denmark
  • Finland
  • Germany
  • Norway
    • Ålesund (Scandic Ålesund)
    • Bergen
      • Scandic Bergen Airport
      • Scandic Bergen City
      • Scandic Neptun
      • Scandic Strand
    • Hamar (Scandic Hamar)
    • Lindesnes (Scandic Lindesnes)
    • Kristiansand
      • Scandic Kristiansand
      • Scandic Kristiansand Bystranda
    • Greater Oslo
      • Scandic Asker
      • Scandic Byporten
      • Scandic Edderkoppen
      • Scandic Fornebu
      • Scandic KNA
      • Scandic Sjølyst
      • Scandic Vulkan
      • Scandic Oslo Airport
    • Stavanger
      • Scandic Stavanger City
      • Scandic Stavanger Forus
    • Tromsø
      • Scandic Ishavshotel
      • Scandic Tromsø
    • Trondheim
      • Scandic Bakklandet
      • Scandic Lerkendal
      • Scandic Nidelven
      • Scandic Solsiden
  • Poland
  • Sweden
    • Arvika (Scandic Arvika)
    • Bollnäs (Scandic Bollnäs)
    • Borås (Scandic Borås)
    • Borlänge (Scandic Borlänge)
    • Falun (Scandic Falun)
    • Gothenburg
      • Scandic Backadal
      • Scandic Crown
      • Scandic Europa
      • Scandic Mölndal
      • Scandic Opalen
      • Scandic Rubinen
    • Gävle
      • Scandic CH
      • Scandic Gävle Väst
    • Halmstad (Scandic Hallandia)
    • Helsingborg
      • Scandic Helsingborg Nord
    • Jönköping
      • Scandic Elmia
      • Scandic Portalen
    • Kalmar (Scandic Kalmar Väst)
    • Karlshamn (Scandic Karlshamn)
    • Karlskrona (Scandic Karlskrona)
    • Karlstad
      • Scandic Karlstad City
      • Scandic Klarälven
      • Scandic Winn
    • Kiruna (Scandic Ferrum)
    • Linköping
      • Scandic Frimurarehotellet
      • Scandic Linköping City
      • Scandic Linköping Väst
    • Luleå (Scandic Luleå)
    • Lund (Scandic Star)
    • Malmö
      • Scandic Kramer
      • Scandic S:t Jörgen
      • Scandic Segevång
      • Scandic Malmö City
      • Scandic Triangeln
    • Norrköping
      • Scandic Norrköping City
      • Scandic Norrköping Nord
    • Örebro
      • Scandic Örebro Grand
      • Scandic Örebro Väst
    • Örnsköldsvik (Scandic Örnsköldsvik)
    • Östersund (Scandic Östersund)
    • Skellefteå (Scandic Skellefteå)
    • Skövde (Scandic Billingen)
    • Stockholm
      • Scandic Alvik
      • Scandic Anglais
      • Scandic Ariadne
      • Scandic Bromma
      • Scandic Continental
      • Scandic Downtown Camper
      • Scandic Foresta
      • Scandic Gamla Stan
      • Scandic Grand Central
      • Scandic Hasselbacken
      • Scandic Haymarket
      • Scandic Infra City
      • Scandic Järva Krog
      • Scandic Kista
      • Scandic Kungens Kurva
      • Scandic Malmen
      • Scandic No. 53
      • Scandic Norra Bantorget
      • Scandic Park
      • Scandic Sergel Plaza
      • Scandic Skogshöjd (Södertälje)
      • Scandic Sjöfartshotellet
      • Scandic Star Sollentuna
      • Scandic Södertälje
      • Scandic Talk
      • Scandic Täby
      • Scandic Victoria Tower
      • Scandic Upplands Väsby
      • Scandic Upplandsgatan
    • Sundsvall
      • Scandic Sundsvall
      • Scandic Sundsvall Nord
    • Trollhättan (Scandic Swania)
    • Umeå
      • Scandic Plaza
      • Scandic Umeå Syd
    • Uppsala
      • Scandic Uplandia
      • Scandic Uppsala Nord
    • Västerås (Scandic Västerås)
    • Växjö (Scandic Växjö)

References[edit]

  1. ^ [1]
  2. ^ [2]
  3. ^ Scandic Hotels Corporate Information, http://www.scandichotels.com/settings/Side-foot/About-us-Container/Corporate-information/History/. Accessed 2012-12-06.
  4. ^ Scandic Hotels Facts & Figures, http://www.scandichotels.com/settings/Side-foot/About-us-Container/Corporate-information/Facts--figures/. Accessed 2012-12-06.
  5. ^ Bohdanowicz, Paulina et al.: "Environmental Training and Measures at Scandic Hotels, Sweden". Research paper presented at B.E.S.T. Sustainable Tourism Think Tank IV, "Sustainability and Mass Destinations: Challenges and Possibilities", 2004-07-01-2004-07-04, Esbjerg, Denmark. http://www.greenthehotels.com/eng/BohdanowiczSimanicMartinacTT4Abstract.pdf. Accessed 2010-03-14.
  6. ^ "Scandic acquires Rica Hotels - Strengthens its portfolio with the addition of 72 new hotels in Norway and Sweden". Hospitality Net. 11 February 2014. Retrieved 19 November 2015. 
  7. ^ "Scandic ostaa Restelin hotellit". Yle Uutiset (in Finnish). Retrieved 2017-06-21. 

External links[edit]