news
instant booking is here
Four Major Hotel Companies
Invest in Meetings Venue Tech.
urban transformation
ICC Sydney and Partners
Showcase First State Super Theatre.
increasing priority for travelers
CWT research reveals
business travelers are more health-conscious during trips.
2nd meeting city in UK
Conference & event organisers encouraged
to ‘Make it Edinburgh’ as city strengthens position as UK no.1 for hotel investment & development.
new job
New director appointed for Meet in Reykjavík
- Reykjavík Convention Bureau.
sustainability
The world’s first carbon-neutral constructed convention centre
- The CCD, attracts European clean electricity conference.
connecting the future
Ocean Science
fuel innovation and conferences in Victoria.
business Intelligence
Sixth consecutive record year:
Vancouver welcomed 10.7 million visitors in 2018.
Baltic Trade Show
Convene
returns to Vilnius in 2020.
AEG Ogden
Cairns Convention Centre
expansion great news for region, says CEO.
RSS
rss_icon
Links
Scandic Strengthens Its Position In The Nordic region

Scandic’s total revenue increased by 14% and revenue per room by 9% over the full year 2010. Remaining profitable, the company strengthened its market position, not least by opening eleven new hotels in 2010.

Scandic also emerged as the hotel chain with ‘Europe’s most satisfied hotel guests’, according to the European Guest Satisfaction Index Study, published by JD Power and Associates.

“With Scandic ending 2010 on such a strong note, I am cautiously optimistic about the rest of 2011,” said Anders Ehrling, President and CEO of Scandic since autumn 2010.

“Scandic has advanced its position in the key Nordic market, with a recovery in the economy leading to increased travel and a gradual improvement in occupancy rates across our market. We’re opening another 12 new hotels in 2011 and remain focused on growth, not least in Norway and Finland. The increase in revenue per room has previously been driven chiefly by increased volumes, but in the second half of 2010 we saw rising room rates and a jump in activity levels in the conference and meeting segment of the Swedish market. Scandic is living proof that you can be an efficient hotel operator with a progressive approach to sustainability – and achieve even greater profitability,” said Ehrling.