Article - Scandic Reports Q3 2023 Results - Net sales rose by 5.2 percent to 6,307 million SEK (5,994). Adjusted EBITDA1) was 1,173 million SEK (1,213).
Jens Mathiesen, President & CEO Scandic Hotels is pleased with the strides we’ve been making to further increase growth and how we’ve become a more efficient and profitable Scandic. Demand is good and Scandic Hotels is pacing towards another strong full year.
Scandic Hotels has signed a long-term lease agreement with landlord Projekti GH Oy for two hotels with a total of 459 rooms in the unique Garden Helsinki, a multi-functional event arena in Helsinki, Finland. The agreement includes one Scandic Go hotel with 232 rooms and a 227-room Scandic hotel that are expected to open in 2028. The new hotels will be established in one of Scandic’s key destinations where the company sees growing demand from both corporate and leisure travelers.