Latest Scandic Hotels Group News & Updates

See the latest news and media coverage for Scandic. We track all announcements, press releases, and industry mentions in real time, all in one place.

Scandic Hotels Group (Scandic)

Nordic hotel operator

scandichotelsgroup.com

Headquarters: Stockholm, Sweden
Founded year: 1963
Company type: Private company
Number of employees: 10,000+
Industry: Hotels, Motels & Cruise Lines

Last updated Today

Latest news about Scandic Hotels Group (Scandic)

In short: Scandic reported solid financial growth, secured a SEK 7.5 billion credit facility, and expanded its portfolio across Europe.

Company announcements

September 7 Scandic

Scandic partners for a new hotel in Freiburg, Germany

The refurbished property will feature 219 rooms and open in autumn 2027. Operations will follow strict sustainability standards.

July 15 Scandic

Scandic reports solid growth and good profitability in half-year 2026

Net sales rose 3.5% to SEK 5,998 million, adjusted EBITDA improved to SEK 796 million, and booking situation is strong.

July 8 Scandic

Scandic opens third hotel in Frankfurt

The hotel, near Messe Frankfurt, will be repositioned and upgraded, opening in 2027 with 296 rooms.

July 6 Scandic

Scandic secures long-term financing framework of SEK 7.5 billion

The financing supports Scandic's growth strategy, including the planned acquisition of Dalata, and strengthens financial flexibility.

Media coverage

July 28 The Wall Street Journal

Scandic Hotels Group AB

1 Day SCAHF 0.00% DJIA 1.03% Russell 2K 0.20% Leisure/Arts/Hospitality 3.05% Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only ...

July 15 Yahoo Finance

Scandic Hotels Group AB (FRA:10H) Q2 2026 Earnings Call Highlights: Strong Growth Amidst Challenges

Scandic Hotels Group AB (FRA:10H) reported solid growth and improved earnings with a higher profitability margin of 13.3% compared to 12.5% last year. The company...

July 15 Privata Affärer

Worse than expected from Scandic

Hotel company Scandic reports an adjusted EBITDA result of 796 million kronor for the second quarter. Analysts had on average expected 825 million kronor according to Infront's estimate summary...

July 14 Yahoo Finance

Scandic Hotels Group AB (OSTO:SHOT) Q2 2026: Everything You Need to Know Ahead of Earnings

At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage...

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