Hotel portfolio

Scandic has a well-invested, attractive, and growing hotel portfolio. With presence at close to 130 locations, Scandic is clearly the leading hotel company in the Nordic region. We operate our hotels with long-term leases that are usually variable based on the hotel’s revenue. Responsibility for investments is clearly regulated in the lease agreements. In general, Scandic is responsible for furniture, fixtures, and equipment while the property owner has responsibility for the building as well as technical installations and bathrooms. Accordingly, the property owner has responsibility for most investments made in a hotel.